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

Mastercraft Boat (NASDAQ:MCFT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.180-1.430 for the period, compared to the consensus 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.

Mastercraft Boat Trading Down 0.5%

NASDAQ:MCFT opened at $20.13 on Friday. Mastercraft Boat has a 12-month low of $14.39 and a 12-month high of $23.93. The firm has a market cap of $327.92 million, a price-to-earnings ratio of 20.75 and a beta of 1.04. The company’s 50-day moving average is $21.56 and its two-hundred day moving average is $19.71.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.12. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.14%. The business had revenue of $69.00 million during the quarter, compared to analyst estimates of $66.96 million. During the same quarter in the previous year, the business posted $0.12 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS. Q2 2026 guidance at 0.160-0.160 EPS. On average, equities research analysts forecast that Mastercraft Boat will post 0.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MCFT has been the topic of several analyst reports. B. Riley raised their price objective on Mastercraft Boat from $17.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Wall Street Zen raised Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Raymond James Financial lifted their price target on Mastercraft Boat from $21.00 to $25.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Truist Financial set a $21.00 price objective on shares of Mastercraft Boat in a research note on Friday, October 24th. Finally, Robert W. Baird raised their target price on shares of Mastercraft Boat from $20.00 to $24.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. One equities research 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $23.00.

Institutional Investors Weigh In On Mastercraft Boat

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Mastercraft Boat by 1,252.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 112,930 shares of the company’s stock worth $2,423,000 after acquiring an additional 104,577 shares in the last quarter. Corient Private Wealth LLC bought a new position in shares of Mastercraft Boat during the second quarter worth about $2,065,000. Bridgeway Capital Management LLC grew its stake in 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 purchasing an additional 8,368 shares in the last quarter. Empowered Funds LLC increased its holdings in Mastercraft Boat by 7.3% in 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. Finally, Quantinno Capital Management LP raised its stake in Mastercraft Boat by 18.0% during the second quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock valued at $303,000 after buying an additional 2,496 shares in the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.

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.