FY2025 Earnings Forecast for MCFT Issued By B. Riley

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) – Equities researchers at B. Riley issued their FY2025 EPS estimates for shares of MasterCraft Boat in a research report issued on Wednesday, February 12th. B. Riley analyst A. Glaessgen anticipates that the company will post earnings per share of $0.58 for the year. B. Riley currently has a “Hold” rating on the stock. The consensus estimate for MasterCraft Boat’s current full-year earnings is $0.56 per share. B. Riley also issued estimates for MasterCraft Boat’s FY2026 earnings at $1.14 EPS.

MasterCraft Boat (NASDAQ:MCFT) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. MasterCraft Boat had a positive return on equity of 3.70% and a negative net margin of 2.29%.

Several other research analysts have also commented on the stock. StockNews.com raised shares of MasterCraft Boat from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th. DA Davidson dropped their price target on shares of MasterCraft Boat from $23.00 to $22.00 and set a “neutral” rating for the company in a research note on Monday, February 10th. Finally, Truist Financial cut their price target on shares of MasterCraft Boat from $22.00 to $20.00 and set a “hold” rating on the stock in a report on Tuesday, January 7th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $20.50.

MasterCraft Boat Price Performance

Shares of MasterCraft Boat stock opened at $18.88 on Monday. The stock has a 50 day moving average price of $18.85 and a 200-day moving average price of $18.90. MasterCraft Boat has a one year low of $16.12 and a one year high of $24.05. The stock has a market cap of $317.18 million, a price-to-earnings ratio of -47.20 and a beta of 1.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.49 and a current ratio of 2.01.

Institutional Investors Weigh In On MasterCraft Boat

Institutional investors have recently added to or reduced their stakes in the business. Coliseum Capital Management LLC lifted its position in MasterCraft Boat by 5.6% during the 4th quarter. Coliseum Capital Management LLC now owns 3,562,615 shares of the company’s stock worth $67,939,000 after acquiring an additional 189,945 shares during the period. Forager Capital Management LLC raised its stake in shares of MasterCraft Boat by 29.9% in the third quarter. Forager Capital Management LLC now owns 1,697,695 shares of the company’s stock worth $30,915,000 after purchasing an additional 390,405 shares during the last quarter. Systematic Financial Management LP lifted its holdings in shares of MasterCraft Boat by 4.2% during the fourth quarter. Systematic Financial Management LP now owns 1,071,424 shares of the company’s stock worth $20,432,000 after purchasing an additional 42,839 shares during the period. Divisar Capital Management LLC boosted its position in MasterCraft Boat by 29.9% in the fourth quarter. Divisar Capital Management LLC now owns 1,006,805 shares of the company’s stock valued at $19,200,000 after buying an additional 231,908 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of MasterCraft Boat by 7.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 842,945 shares of the company’s stock worth $16,075,000 after acquiring an additional 57,729 shares during the period. Institutional investors and hedge funds own 97.64% of the company’s stock.

Insider Buying and Selling at MasterCraft Boat

In other news, major shareholder Coliseum Capital Management, L bought 53,853 shares of MasterCraft Boat stock in a transaction on Thursday, December 26th. The stock was acquired at an average cost of $18.87 per share, for a total transaction of $1,016,206.11. Following the completion of the acquisition, the insider now owns 3,426,523 shares of the company’s stock, valued at $64,658,489.01. This trade represents a 1.60 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 4.00% of the company’s stock.

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.