Mastercraft Boat (NASDAQ:MCFT) Updates FY 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.450-1.600 for the period, compared to the consensus EPS estimate of 1.190. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $301.8 million. Mastercraft Boat also updated its Q3 2026 guidance to 0.350-0.350 EPS.

Mastercraft Boat Price Performance

Mastercraft Boat stock opened at $24.22 on Thursday. The stock has a market capitalization of $394.55 million, a P/E ratio of 24.97 and a beta of 1.07. Mastercraft Boat has a 12-month low of $14.39 and a 12-month high of $23.93. The firm’s 50-day moving average is $20.17 and its two-hundred day moving average is $20.53.

Mastercraft Boat (NASDAQ:MCFT) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.13. The business had revenue of $71.76 million for the quarter, compared to the consensus estimate of $68.79 million. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 earnings per share. 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. As a group, analysts forecast that Mastercraft Boat will post 0.62 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Seaport Research Partners upgraded Mastercraft Boat to a “hold” rating in a research note on Monday, December 22nd. Truist Financial set a $21.00 price objective on shares of Mastercraft Boat in a report on Friday, October 24th. Zacks Research raised shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Loop Capital began coverage on shares of Mastercraft Boat in a research report on Monday, December 22nd. They set a “hold” rating and a $21.00 price target for the company. 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 investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Mastercraft Boat currently has an average rating of “Hold” and an average target price of $22.67.

Insider Transactions at Mastercraft Boat

In related news, major shareholder Fund L.P. Forager sold 58,066 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $20.37, for a total transaction of $1,182,804.42. Following the transaction, the insider directly owned 1,699,928 shares of the company’s stock, valued at approximately $34,627,533.36. The trade was a 3.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Coliseum Capital Management, L acquired 76,000 shares of the stock in a transaction on Friday, December 19th. The stock was purchased at an average cost 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 represents a 2.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 134,807 shares of company stock worth $2,649,367. 2.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mastercraft Boat

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Wyoming purchased a new stake in shares of Mastercraft Boat during the second quarter worth about $61,000. Russell Investments Group Ltd. grew its stake in Mastercraft Boat by 16.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company’s stock valued at $210,000 after purchasing an additional 1,394 shares in the last quarter. Algert Global LLC acquired a new stake in Mastercraft Boat during the 3rd quarter valued at approximately $288,000. Jane Street Group LLC acquired a new position in shares of Mastercraft Boat in the 1st quarter valued at approximately $236,000. Finally, BNP Paribas Financial Markets raised its position in shares of Mastercraft Boat by 849.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,415 shares of the company’s stock valued at $331,000 after purchasing an additional 13,792 shares in the last quarter. 97.64% of the stock is owned by hedge funds and other institutional investors.

Mastercraft Boat Company Profile

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.