MasterCraft Boat (NASDAQ:MCFT) Updates FY 2025 Earnings Guidance

MasterCraft Boat (NASDAQ:MCFT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.550-0.950 for the period, compared to the consensus earnings per share estimate of 0.620. The company issued revenue guidance of $270.0 million-$300.0 million, compared to the consensus revenue estimate of $279.3 million. MasterCraft Boat also updated its FY25 guidance to $0.55-$0.95 EPS.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. StockNews.com lowered shares of MasterCraft Boat from a “hold” rating to a “sell” rating in a research note on Monday, September 2nd. DA Davidson upped their target price on shares of MasterCraft Boat from $17.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday. Stifel Nicolaus restated a “buy” rating and set a $22.00 target price on shares of MasterCraft Boat in a research note on Friday, August 30th. B. Riley upped their target price on shares of MasterCraft Boat from $14.00 to $18.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Truist Financial upped their target price on shares of MasterCraft Boat from $15.00 to $22.00 and gave the stock a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $21.60.

MasterCraft Boat Stock Down 3.5 %

MCFT traded down $0.80 on Friday, reaching $21.86. The company’s stock had a trading volume of 120,901 shares, compared to its average volume of 159,860. The stock has a 50 day moving average of $17.71 and a two-hundred day moving average of $19.20. The company has a quick ratio of 1.42, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $363.09 million, a price-to-earnings ratio of 50.36 and a beta of 1.61. MasterCraft Boat has a fifty-two week low of $16.12 and a fifty-two week high of $24.05.

MasterCraft Boat (NASDAQ:MCFT) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.09. The business had revenue of $65.40 million during the quarter, compared to the consensus estimate of $61.19 million. MasterCraft Boat had a return on equity of 9.44% and a net margin of 2.13%. The company’s revenue was down 37.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.43 earnings per share. As a group, analysts forecast that MasterCraft Boat will post 0.49 EPS for the current fiscal year.

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.