Analysts Offer Predictions for MCFT FY2025 Earnings

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) – Stock analysts at B. Riley issued their FY2025 earnings estimates for MasterCraft Boat in a research report issued on Wednesday, February 12th. B. Riley analyst A. Glaessgen forecasts that the company will post earnings of $0.58 per share for the year. B. Riley has a “Hold” rating on the stock. The consensus estimate for MasterCraft Boat’s current full-year earnings is $0.56 per share. B. Riley also issued estimates for MasterCraft Boat’s FY2026 earnings at $1.14 EPS.

MasterCraft Boat (NASDAQ:MCFT) last posted its earnings results on Thursday, February 6th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. MasterCraft Boat had a negative net margin of 2.29% and a positive return on equity of 3.70%.

A number of other research firms have also recently weighed in on MCFT. Truist Financial cut their price objective on shares of MasterCraft Boat from $22.00 to $20.00 and set a “hold” rating for the company in a report on Tuesday, January 7th. StockNews.com raised shares of MasterCraft Boat from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. Finally, DA Davidson cut their price objective on shares of MasterCraft Boat from $23.00 to $22.00 and set a “neutral” rating for the company in a report on Monday, February 10th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $20.50.

MasterCraft Boat Stock Up 0.5 %

MCFT opened at $19.16 on Monday. MasterCraft Boat has a fifty-two week low of $16.12 and a fifty-two week high of $24.05. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.49 and a current ratio of 2.01. The company has a fifty day moving average of $18.88 and a two-hundred day moving average of $18.91. The stock has a market capitalization of $321.89 million, a price-to-earnings ratio of -47.90 and a beta of 1.67.

Institutional Trading of MasterCraft Boat

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Divisar Capital Management LLC increased its stake in shares of MasterCraft Boat by 29.9% during the fourth quarter. Divisar Capital Management LLC now owns 1,006,805 shares of the company’s stock worth $19,200,000 after purchasing an additional 231,908 shares in the last quarter. Northern Trust Corp grew its stake in MasterCraft Boat by 0.6% during the 4th quarter. Northern Trust Corp now owns 133,422 shares of the company’s stock valued at $2,544,000 after acquiring an additional 791 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in MasterCraft Boat by 3.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 24,812 shares of the company’s stock valued at $474,000 after acquiring an additional 808 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in MasterCraft Boat by 260.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,210 shares of the company’s stock valued at $118,000 after acquiring an additional 4,487 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in MasterCraft Boat by 7.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 842,945 shares of the company’s stock valued at $16,075,000 after acquiring an additional 57,729 shares in the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Insider Transactions at MasterCraft Boat

In related news, major shareholder Coliseum Capital Management, L bought 55,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of $18.83 per share, with a total value of $1,035,650.00. Following the completion of the purchase, the insider now directly owns 3,562,615 shares of the company’s stock, valued at approximately $67,084,040.45. This trade represents a 1.57 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 4.00% of the company’s stock.

MasterCraft Boat Company Profile

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.