Mastercraft Boat (NASDAQ:MCFT) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Posted by Geri Gentry on Sep 11th, 2026

Mastercraft Boat (NASDAQ:MCFT – Get Free Report) announced its earnings results on Thursday. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.04, FiscalAI reports. Mastercraft Boat had a net margin of 3.72% and a return on equity of 10.56%. The company had revenue of $129.94 million during the quarter, compared to analyst estimates of $101.79 million. During the same period in the previous year, the business earned $0.40 earnings per share. The firm’s quarterly revenue was up 63.4% compared to the same quarter last year.

Here are the key takeaways from Mastercraft Boat’s conference call:

Fiscal 2026 results significantly exceeded expectations: Legacy net sales rose 11% to $315.6 million, while adjusted EBITDA increased nearly 80% to $43.8 million, with margins expanding 530 basis points to 13.9%.
The Marine Products combination added the Chaparral and Robalo brands, increasing full-year consolidated sales 22.8% to $348.9 million and broadening the company’s portfolio across recreational boating and sport fishing. Management cited potential synergies in products, dealer relationships, sourcing, and manufacturing.
Management expects marine retail demand to decline approximately 5%-10% over the next six months and is moderating production to match wholesale shipments with retail demand. Chaparral Surf production has also been temporarily paused while the platform is enhanced.
The company recorded a $10.1 million non-cash impairment charge tied to Crest pontoon-brand intangible assets, reflecting continued weakness in the pontoon category; consolidated fourth-quarter GAAP results included a $7 million loss from continuing operations.
MasterCraft ended the year with $43.9 million in cash, no debt, and $22.3 million of free cash flow, providing capacity to fund acquisition synergies, product innovation, and shareholder returns. For the six-month transition period, management guided to $287 million-$291 million of sales and $29 million-$32 million of adjusted EBITDA.

Mastercraft Boat Stock Down 9.7%

Shares of NASDAQ:MCFT opened at $20.57 on Friday. The stock has a market cap of $334.88 million, a PE ratio of 30.25 and a beta of 1.07. The company’s fifty day moving average is $24.29 and its 200 day moving average is $23.16. Mastercraft Boat has a 52 week low of $17.19 and a 52 week high of $28.44.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MCFT shares. Weiss Ratings upgraded Mastercraft Boat from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. Zacks Research cut Mastercraft Boat from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Finally, Truist Financial boosted their target price on Mastercraft Boat from $25.00 to $28.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Mastercraft Boat currently has an average rating of “Hold” and a consensus price target of $26.33.

Check Out Our Latest Report on MCFT

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. State of Wyoming bought a new stake in shares of Mastercraft Boat in the 2nd quarter valued at about $61,000. Kemnay Advisory Services Inc. bought a new position in Mastercraft Boat during the 4th quarter worth approximately $63,000. Meeder Asset Management Inc. purchased a new position in Mastercraft Boat in the 4th quarter worth approximately $203,000. Russell Investments Group Ltd. increased its stake in Mastercraft Boat by 12.2% in the 4th quarter. Russell Investments Group Ltd. now owns 10,988 shares of the company’s stock worth $208,000 after purchasing an additional 1,193 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in Mastercraft Boat in the fourth quarter valued at approximately $214,000. 97.64% of the stock is owned by institutional investors.

Mastercraft Boat News Roundup

Here are the key news stories impacting Mastercraft Boat this week:

Positive Sentiment: MasterCraft reported fiscal fourth-quarter revenue of $129.9 million, up 63.4% year over year and well above the roughly $101.8 million analyst consensus. Adjusted earnings of $0.67 per share also exceeded estimates, while earnings increased from $0.40 per share a year earlier. MasterCraft Fiscal 2026 Results
Positive Sentiment: The company’s sales received a significant boost from its acquisition of Marine Products, supporting the sharp year-over-year growth and expanding MasterCraft’s product portfolio. MasterCraft Sales Get Big Boost From Marine Products Acquisition
Positive Sentiment: The quarterly performance surpassed earnings expectations, a factor that initially supported investor optimism about the company’s operating momentum. MasterCraft Beats Q4 Earnings and Revenue Estimates
Neutral Sentiment: MasterCraft’s fiscal 2026 results include continuing operations across Performance and Wake, Leisure, and Recreation and Sport Fishing, following changes to its segment reporting. MasterCraft Q4 2026 Earnings Call Transcript
Negative Sentiment: Management projected $287 million to $291 million in sales and $0.66 to $0.76 in adjusted EPS for a six-month transition period, while anticipating a 5% to 10% decline in retail demand. The softer outlook raises concerns about near-term consumer weakness and limits the impact of the strong reported quarter. MasterCraft Transition-Period Outlook
Negative Sentiment: The stock’s decline indicates investors are focusing more on the anticipated demand slowdown and transition-period uncertainty than on the latest earnings beat.

Mastercraft Boat Company Profile

(Get Free Report)

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.