Mastercraft Boat (NASDAQ:MCFT) Releases Q3 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.350-0.350 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $75.0 million-$75.0 million, compared to the consensus revenue estimate of $83.4 million. Mastercraft Boat also updated its FY 2026 guidance to 1.450-1.600 EPS.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on MCFT shares. Truist Financial set a $21.00 price target on Mastercraft Boat in a research note on Friday, October 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th. Loop Capital assumed coverage on shares of Mastercraft Boat in a report on Monday, December 22nd. They set a “hold” rating and a $21.00 price target for the company. Zacks Research upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Wall Street Zen raised shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $22.67.

Mastercraft Boat Stock Up 6.4%

MCFT traded up $1.49 during trading on Thursday, hitting $24.61. The company’s stock had a trading volume of 724,936 shares, compared to its average volume of 128,001. The firm has a market capitalization of $400.87 million, a P/E ratio of 25.37 and a beta of 1.07. Mastercraft Boat has a twelve month low of $14.39 and a twelve month high of $25.73. The stock’s fifty day moving average price is $20.17 and its 200-day moving average price is $20.53.

Mastercraft Boat (NASDAQ:MCFT) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.13. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The company had revenue of $71.76 million during the quarter, compared to analyst estimates of $68.79 million. During the same quarter in the previous year, the business posted $0.10 EPS. Mastercraft Boat’s revenue for the quarter was up 13.2% compared to the same quarter last year. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. Equities research analysts expect that Mastercraft Boat will post 0.62 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder Coliseum Capital Management, L acquired 76,000 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were bought at an average price of $19.79 per share, with a total value of $1,504,040.00. Following the transaction, the insider directly owned 3,672,422 shares of the company’s stock, valued at $72,677,231.38. This trade represents a 2.11% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Fund L.P. Forager sold 58,066 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $20.37, for a total value of $1,182,804.42. Following the completion of the sale, the insider owned 1,699,928 shares of the company’s stock, valued at approximately $34,627,533.36. This represents a 3.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have bought 134,807 shares of company stock worth $2,649,367 in the last quarter. Company insiders own 2.50% of the company’s stock.

Key Stories Impacting Mastercraft Boat

Here are the key news stories impacting Mastercraft Boat this week:

• Positive Sentiment: Q2 results beat expectations — EPS of $0.29 vs. $0.16 expected and revenue of $71.76M vs. $68.79M, showing 13.2% year‑over‑year revenue growth. Earnings Beat
• Positive Sentiment: Company raised FY2026 guidance to $1.45–$1.60 EPS (well above the prior consensus ~$1.19), and set FY revenue outlook ~$300M–$310M, supporting a more constructive medium‑term view. Press Release
• Positive Sentiment: Strategic combination announced with Marine Products Corporation to create a larger portfolio of brands and broaden consumer reach — a potential long‑term value driver through scale and diversification. Combination Announcement
• Neutral Sentiment: Earnings call transcript, slide deck and press release are available for details on margin drivers and backlog; useful for investors doing deeper diligence. Earnings Transcript
• Neutral Sentiment: Trading volume has spiked well above average, indicating elevated investor interest and liquidity around the news. Market Data
• Negative Sentiment: Near‑term guidance disappointed on Q3: EPS guidance of $0.35 (below the street at ~$0.38) and revenue guidance of $75M (below ~$83.4M consensus), which could pressure short‑term expectations. Guidance Coverage
• Negative Sentiment: Halper Sadeh LLC launched an investigation questioning whether the merger is fair to MasterCraft shareholders, introducing legal/transaction risk and potential shareholder opposition. Investigation Notice
• Negative Sentiment: Analysts/investors have flagged returns on capital as a concern for the company’s long‑term capital efficiency, which could temper valuations if not improved. Returns on Capital Article

Institutional Trading of Mastercraft Boat

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership lifted its stake in shares of Mastercraft Boat by 212.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 220,819 shares of the company’s stock valued at $4,739,000 after buying an additional 150,125 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Mastercraft Boat by 6.0% in the 2nd quarter. Bridgeway Capital Management LLC now owns 147,582 shares of the company’s stock worth $2,742,000 after acquiring an additional 8,368 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Mastercraft Boat by 1,252.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,930 shares of the company’s stock valued at $2,423,000 after acquiring an additional 104,577 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Mastercraft Boat during the 2nd quarter valued at about $2,065,000. Finally, Empowered Funds LLC boosted its position in shares of Mastercraft Boat by 7.3% during the first quarter. Empowered Funds LLC now owns 87,614 shares of the company’s stock valued at $1,509,000 after buying an additional 5,958 shares during the last quarter. Institutional investors own 97.64% of the company’s stock.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) is a designer, manufacturer and marketer of high-performance recreational powerboats. The company’s portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.

Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.