<div id="readability-page-1"><p><span>Mastercraft Boat (NASDAQ:MCFT - Get Free Report)</span> was downgraded by stock analysts at Wall Street Zen from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report issued to clients and investors on Saturday.</p><div><p><span></span><span>Get <strong>Mastercraft Boat</strong> alerts:</span></p></div><p>Several other equities research analysts have also issued reports on the stock. Robert W. Baird lifted their price objective on shares of Mastercraft Boat from $20.00 to $24.00 and gave the company a &#34;neutral&#34; rating in a research note on Thursday, August 28th. Raymond James Financial raised their target price on Mastercraft Boat from $21.00 to $25.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday, August 28th. B. Riley upped their price target on Mastercraft Boat from $17.00 to $23.00 and gave the stock a &#34;neutral&#34; rating in a research note on Thursday, August 28th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Mastercraft Boat in a report on Monday. Finally, Zacks Research downgraded Mastercraft Boat from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 25th. One research analyst  has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Mastercraft Boat  has a consensus rating of &#34;Hold&#34; and a consensus price target of $23.00.</p><p><b>Get Our Latest Report on MCFT</b></p><h2>Mastercraft Boat Trading Down 1.1%</h2><p>Shares of NASDAQ:MCFT opened at $18.92 on Friday. The firm has a market cap of $308.21 million, a price-to-earnings ratio of 19.51 and a beta of 1.09. Mastercraft Boat has a 1 year low of $14.39 and a 1 year high of $23.93. The business has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $19.96. </p><p>Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.12. The company had revenue of $69.00 million for the quarter, compared to analyst estimates of $66.96 million. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The business's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 EPS. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS and its Q2 2026 guidance at 0.160-0.160 EPS.  On average, sell-side analysts forecast that  Mastercraft Boat will post 0.62 EPS for the current year. </p><h2>Insider Buying and Selling</h2><p>In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 58,066 shares of the firm'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 value of $1,182,804.42. Following the completion of the sale, the insider owned 1,699,928 shares in the company, valued at approximately $34,627,533.36. This trade represents a 3.30% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 103,857 shares of company stock valued at $2,121,382. Corporate insiders own  2.50% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in MCFT. New York State Teachers Retirement System bought a new stake in  Mastercraft Boat during the third quarter worth about $32,000.  State of Wyoming bought a new position in  Mastercraft Boat in the 2nd quarter valued at $61,000.  Manning &amp; Napier Advisors LLC acquired a new stake in shares of  Mastercraft Boat in the 3rd quarter valued at $74,000.  Russell Investments Group Ltd. lifted its stake in shares of  Mastercraft Boat by 16.6% during the third quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company's stock valued at $210,000 after acquiring an additional 1,394 shares during the period.  Finally, Strs Ohio bought a new stake in  Mastercraft Boat during the 3rd quarter worth about $234,000. 97.64% of the stock is owned by institutional investors. </p><h2>Mastercraft Boat Company Profile</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Mastercraft Boat</li><li>3 REITs to Buy and Hold for the Long Term</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>Energy and Oil Stocks Explained</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUNGVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUNGVA"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in Mastercraft Boat Right Now?</h2><p>Before you consider Mastercraft Boat, you'll want to hear this.</p><p>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.</p><p>While Mastercraft Boat currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MCFT

<p>Wall Street Zen downgraded Mastercraft Boat (NASDAQ:MCFT) from a "strong-buy" rating to a "buy" rating. Other analysts have mixed ratings, with some upgrading their price targets. The stock opened at $18.92, with a market cap of $308.21 million. Recent earnings showed a revenue increase and higher EPS. Insiders sold shares recently, and institutional investors have adjusted their positions.</p>

Mastercraft Boat (NASDAQ:MCFT) Rating Lowered to Buy at Wall Street Zen