Mastercraft Boat (NASDAQ:MCFT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Mastercraft Boat (NASDAQ:MCFT) from a buy rating to a strong-buy rating in a report published on Sunday.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Mastercraft Boat in a research note on Monday, December 15th. Raymond James Financial lifted their price objective on Mastercraft Boat from $21.00 to $25.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. B. Riley boosted their target price on Mastercraft Boat from $17.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Truist Financial set a $21.00 price target on Mastercraft Boat in a research note on Friday, October 24th. Finally, Robert W. Baird boosted their price target on Mastercraft Boat from $20.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. One research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Mastercraft Boat presently has an average rating of “Hold” and an average target price of $22.67.

Mastercraft Boat Stock Performance

Shares of NASDAQ MCFT opened at $19.53 on Friday. Mastercraft Boat has a one year low of $14.39 and a one year high of $23.93. The business has a 50-day moving average price of $19.54 and a two-hundred day moving average price of $20.11. The firm has a market capitalization of $318.14 million, a PE ratio of 20.13 and a beta of 1.09.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.12. The business had revenue of $69.00 million during the quarter, compared to analyst estimates of $66.96 million. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share. 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. Research analysts anticipate that Mastercraft Boat will post 0.62 EPS for the current year.

Insider Activity

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 58,066 shares of the company’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 transaction of $1,182,804.42. Following the completion of the sale, the insider owned 1,699,928 shares of the company’s stock, valued at $34,627,533.36. This represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Coliseum Capital Management, L purchased 25,000 shares of the stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $19.66 per share, for a total transaction of $491,500.00. Following the acquisition, the insider owned 3,697,422 shares of the company’s stock, valued at approximately $72,691,316.52. The trade was a 0.68% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have bought 134,807 shares of company stock valued at $2,649,367 and have sold 103,857 shares valued at $2,121,382. Corporate insiders own 2.50% of the company’s stock.

Institutional Trading of Mastercraft Boat

Large investors have recently modified their holdings of the company. Bank of America Corp DE raised its holdings in Mastercraft Boat by 38.9% in the 3rd quarter. Bank of America Corp DE now owns 30,561 shares of the company’s stock worth $656,000 after acquiring an additional 8,551 shares during the period. Algert Global LLC acquired a new stake in shares of Mastercraft Boat in the third quarter valued at about $288,000. Alliancebernstein L.P. increased its stake in shares of Mastercraft Boat by 274.0% in the third quarter. Alliancebernstein L.P. now owns 65,890 shares of the company’s stock worth $1,414,000 after purchasing an additional 48,270 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Mastercraft Boat during the 3rd quarter worth about $553,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Mastercraft Boat by 212.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 220,819 shares of the company’s stock worth $4,739,000 after purchasing an additional 150,125 shares during the last quarter. 97.64% of the stock is owned by institutional investors.

Trending Headlines about Mastercraft Boat

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

• Positive Sentiment: Coliseum Capital (a major shareholder) has been actively buying shares across several filings (Dec. 18, 19 and 22), adding ~134,800 shares and raising its stake to ~3.7M shares — insider accumulation often signals confidence and can reduce sell-side pressure. SEC Filing: Coliseum Purchases
• Positive Sentiment: Media coverage highlights Coliseum’s purchases valued at roughly $2.65M, which can attract other investors and provide short-term support around current price levels. Investing.com: Coliseum Buys
• Positive Sentiment: Coliseum’s latest disclosed purchase (25,000 shares at ~$19.66 on Dec. 22) was reported in multiple outlets, reinforcing the narrative of insider buying and signaling conviction at current levels. InsiderTrades: Coliseum Purchase
• Neutral Sentiment: Seaport Global initiated coverage with a “neutral”/hold recommendation and Loop Capital also started coverage at hold — initiation increases visibility and liquidity but the neutral stance limits immediate bullish catalyst potential. MSN: Seaport Initiates
• Neutral Sentiment: Zacks and other small outlets have moved the stock to “hold” or echoed the neutral commentary — these analyst positions can temper upside even as they broaden coverage. Zacks Coverage

Mastercraft Boat Company Profile

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.