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

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.180-1.430 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of $295.0 million-$310.0 million, compared to the consensus revenue estimate of $301.8 million. Mastercraft Boat also updated its Q2 2026 guidance to 0.160-0.160 EPS.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Raymond James Financial lifted their price target on shares of Mastercraft Boat from $21.00 to $25.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. Weiss Ratings reissued a "hold (c-)" rating on shares of Mastercraft Boat in a research report on Wednesday, October 8th. Zacks Research raised shares of Mastercraft Boat from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 27th. Truist Financial set a $21.00 price target on shares of Mastercraft Boat in a research report on Friday, October 24th. Finally, Wall Street Zen raised shares of Mastercraft Boat from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned 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 $23.00.

Read Our Latest Analysis on Mastercraft Boat

Mastercraft Boat Trading Up 7.1%

Shares of NASDAQ MCFT opened at $21.46 on Thursday. The firm has a 50 day moving average of $21.63 and a 200 day moving average of $19.68. The firm has a market capitalization of $349.67 million, a price-to-earnings ratio of 48.77 and a beta of 1.04. Mastercraft Boat has a 12-month low of $14.39 and a 12-month high of $23.93.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.22. The company had revenue of $79.52 million during the quarter, compared to analyst estimates of $70.45 million. Mastercraft Boat had a net margin of 2.48% and a return on equity of 7.01%. The firm's quarterly revenue was up 46.4% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) earnings per share. Mastercraft Boat has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. Sell-side analysts predict that Mastercraft Boat will post 0.62 EPS for the current year.

Hedge Funds Weigh In On Mastercraft Boat

Hedge funds have recently modified their holdings of the company. Bridgeway Capital Management LLC lifted its holdings in shares of Mastercraft Boat by 6.0% in the second quarter. Bridgeway Capital Management LLC now owns 147,582 shares of the company's stock worth $2,742,000 after buying an additional 8,368 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in Mastercraft Boat during the second quarter valued at $2,065,000. Empowered Funds LLC raised its stake in 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 purchasing an additional 5,958 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Mastercraft Boat by 1.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company's stock valued at $1,313,000 after purchasing an additional 1,188 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in Mastercraft Boat by 3.1% during the second quarter. First Trust Advisors LP now owns 41,276 shares of the company's stock valued at $767,000 after purchasing an additional 1,259 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc, through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through MasterCraft, Crest, and Aviara segments. The MasterCraft segment produces premium recreational performance sport boats primarily used for water skiing, wakeboarding, wake surfing, and general recreational boating.

Further Reading

• Five stocks we like better than Mastercraft Boat
• What is Short Interest? How to Use It
• Uber Stock Pullback Looks Like a Clear Buying Opportunity
• Stock Dividend Cuts Happen Are You Ready?
• 3 Cash-Rich Stocks With High Growth Potential Right Now
• What is a Dividend King?
• Why Vertical Aerospace Stock Could Double After This Flight Test

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Mastercraft Boat Right Now?

Before you consider Mastercraft Boat, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mastercraft Boat wasn't on the list.

While Mastercraft Boat currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here