Mastercraft Boat (NASDAQ:MCFT) Issues Q3 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.350-0.350 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $75.0 million-$75.0 million, compared to the consensus revenue estimate of $83.4 million. Mastercraft Boat also updated its FY 2026 guidance to 1.450-1.600 EPS.

Mastercraft Boat Trading Up 4.8%

MCFT opened at $24.22 on Thursday. The company has a fifty day moving average price of $20.17 and a two-hundred day moving average price of $20.53. Mastercraft Boat has a 1-year low of $14.39 and a 1-year high of $23.93. The company has a market cap of $394.55 million, a P/E ratio of 24.12 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.13. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The business had revenue of $71.76 million for the quarter, compared to the consensus estimate of $68.79 million. During the same period in the prior year, the business earned $0.10 EPS. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. On average, research analysts forecast that Mastercraft Boat will post 0.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MCFT. Truist Financial set a $21.00 price target on Mastercraft Boat in a research report on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th. Loop Capital initiated coverage on shares of Mastercraft Boat in a research report on Monday, December 22nd. They set a “hold” rating and a $21.00 price target for the company. Zacks Research upgraded Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Seaport Research Partners upgraded Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Mastercraft Boat currently has an average rating of “Hold” and a consensus target price of $22.67.

Insider Activity at Mastercraft Boat

In related news, major shareholder Coliseum Capital Management, L acquired 25,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was purchased at an average price of $19.66 per share, with a total value of $491,500.00. Following the completion of the purchase, the insider owned 3,697,422 shares in the company, valued at $72,691,316.52. This trade represents a 0.68% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $1,182,804.42. Following the completion of the transaction, the insider owned 1,699,928 shares in the company, valued at $34,627,533.36. This represents a 3.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders acquired 134,807 shares of company stock valued at $2,649,367. 2.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Mastercraft Boat

Large investors have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership raised its holdings in shares of Mastercraft Boat by 1.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company’s stock valued at $1,313,000 after acquiring an additional 1,188 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Mastercraft Boat by 3.1% during the 2nd quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock valued at $767,000 after purchasing an additional 1,259 shares in the last quarter. Russell Investments Group Ltd. increased its position 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 buying an additional 1,394 shares during the period. Quantinno Capital Management LP raised its stake in Mastercraft Boat by 18.0% in the second quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock worth $303,000 after buying an additional 2,496 shares in the last quarter. Finally, State of Wyoming bought a new position in Mastercraft Boat in the second quarter worth about $61,000. 97.64% of the stock is currently owned by institutional investors.

About Mastercraft Boat

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.