Should I buy or sell MasterCraft Boat stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasterCraft Boat in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MCFT shares. View MCFT analyst ratings or view top-rated stocks .

What is MasterCraft Boat's stock price target for 2024?

6 equities research analysts have issued 12-month price objectives for MasterCraft Boat's shares. Their MCFT share price targets range from $22.00 to $30.00. On average, they expect the company's stock price to reach $24.67 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price. View analysts price targets for MCFT or view top-rated stocks among Wall Street analysts .

How have MCFT shares performed in 2024?

MasterCraft Boat's stock was trading at $22.64 on January 1st, 2024. Since then, MCFT stock has decreased by 7.8% and is now trading at $20.88. View the best growth stocks for 2024 here .

When is MasterCraft Boat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our MCFT earnings forecast .

How were MasterCraft Boat's earnings last quarter?

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) posted its quarterly earnings results on Wednesday, February, 7th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.17. The company had revenue of $99.48 million for the quarter, compared to analysts' expectations of $95.53 million. MasterCraft Boat had a net margin of 10.66% and a trailing twelve-month return on equity of 32.01%. The firm's revenue was down 37.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS.

What ETFs hold MasterCraft Boat's stock?

ETFs with the largest weight of MasterCraft Boat (NASDAQ:MCFT) stock in their portfolio include Euclidean Fundamental Value ETF (ECML) and Roundhill Acquirers Deep Value ETF (DEEP) . First Trust Dow Jones Select Microcap Index Fund (FDM) .

What guidance has MasterCraft Boat issued on next quarter's earnings?

MasterCraft Boat issued an update on its third quarter 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share (EPS) guidance of 0.230-0.230 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $92.0 million-$92.0 million, compared to the consensus revenue estimate of $92.8 million.

What is John Dorton's approval rating as MasterCraft Boat's CEO?

7 employees have rated MasterCraft Boat Chief Executive Officer John Dorton on Glassdoor.com . John Dorton has an approval rating of 80% among the company's employees.

What other stocks do shareholders of MasterCraft Boat own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MasterCraft Boat investors own include ITT Educational Services (ESINQ) , Malibu Boats (MBUU) , Nektar Therapeutics (NKTR) , THOR Industries (THO) , Western Digital (WDC) , Applied Materials (AMAT) , United Parcel Service (UPS) , Advanced Energy Industries (AEIS) , NVIDIA (NVDA) and RTX (RTX) .

When did MasterCraft Boat IPO?

MasterCraft Boat (MCFT) raised $85 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 6,100,000 shares at $13.00-$15.00 per share. Baird, Raymond James and Wells Fargo Securities acted as the underwriters for the IPO and KeyBanc Capital Markets and Wunderlich were co-managers.

Who are MasterCraft Boat's major shareholders?

MasterCraft Boat's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (2.24%) and Los Angeles Capital Management LLC (0.29%). Insiders that own company stock include Coliseum Capital Management, L and Donald C Campion . View institutional ownership trends .

How do I buy shares of MasterCraft Boat?

Shares of MCFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MCFT

MasterCraft Boat (MCFT) Stock Price, News & Analysis

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$20.88

+0.04 (+0.19%)

(As of 04/18/2024 ET)

Compare

Today's Range: $20.57
▼
$21.15
50-Day Range: $20.84
▼
$23.99
52-Week Range: $19.22
▼
$31.70

Volume: 351,050 shs
Average Volume: 103,386 shs
Market Capitalization: $355.59 million

P/E Ratio: 6.39
Dividend Yield: N/A
Price Target: $24.67

Get MasterCraft Boat alerts:

MasterCraft Boat MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 18.1% Upside
$24.67 Price Target
Short Interest: Healthy
4.36% of Float Sold Short
Dividend Strength: N/A
Sustainability: -5.69
Upright™ Environmental Score
News Sentiment: 0.62
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$4.65 M Bought Last Quarter
Proj. Earnings Growth: 35.76%
From $1.51 to $2.05 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Consumer Discretionary Sector

69th out of 267 stocks

Ship & Boat Building & Repairing Industry

2nd out of 6 stocks

2.3

Analyst's Opinion

Consensus Rating
MasterCraft Boat has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
MasterCraft Boat has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.36% of the float of MasterCraft Boat has been sold short.
Short Interest Ratio / Days to Cover
MasterCraft Boat has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in MasterCraft Boat has recently decreased by 3.57%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
MasterCraft Boat does not currently pay a dividend.
Dividend Growth
MasterCraft Boat does not have a long track record of dividend growth.

1.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
MasterCraft Boat has received a -47.23% net impact score from Upright. The largest negative impact of Mastercraft Boat in category "GHG emissions" seems to be driven mostly by its "Diesel pleasure and sporting boats", "Gasoline pleasure and sporting boats", and "Auto trailers" products. See details.
Environmental Sustainability
The Environmental Impact score for MasterCraft Boat is -5.69.

3.1

News and Social Media Coverage

News Sentiment
MasterCraft Boat has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for MasterCraft Boat this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for MCFT on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added MasterCraft Boat to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MasterCraft Boat insiders have bought more of their company's stock than they have sold. Specifically, they have bought $4,646,393.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of MasterCraft Boat is held by insiders.
Percentage Held by Institutions
97.64% of the stock of MasterCraft Boat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MasterCraft Boat are expected to grow by 35.76% in the coming year, from $1.51 to $2.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MasterCraft Boat is 6.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of MasterCraft Boat is 6.39, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.70.
Price to Book Value per Share Ratio
MasterCraft Boat has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About MasterCraft Boat Stock (NASDAQ:MCFT)

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. Crest segment provides pontoon boats for use in general recreational boating. The Aviara segment produces luxury day boats for use in general recreational boating. The company also offers ski/wake, outboard, and sterndrive boats, as well as various accessories, including trailers and aftermarket parts. It sells its boats under the MasterCraft, Crest, and Aviara brands through a network of independent dealers in North America and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was incorporated in 2000 and is headquartered in Vonore, Tennessee.

MCFT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MCFT Stock News Headlines

April 13, 2024 | insidertrades.com

Insider Buying: MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Major Shareholder Purchases 11,308 Shares of Stock

March 19, 2024 | insidertrades.com

Coliseum Capital Management, L Buys 24,167 Shares of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Stock

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April 19, 2024 | americanbankingnews.com

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Receives $24.83 Average Target Price from Brokerages

April 17, 2024 | americanbankingnews.com

MasterCraft Boat (NASDAQ:MCFT) Price Target Cut to $22.00 by Analysts at B. Riley

April 16, 2024 | msn.com

Delayed Rate Cut Bets Could Hurt Boat Demand, Temper Near-Term Recreational Marine Outlooks, B. Riley Says

April 14, 2024 | americanbankingnews.com

Coliseum Capital Management, L Purchases 11,308 Shares of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Stock

April 14, 2024 | americanbankingnews.com

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Major Shareholder Purchases $1,310,400.00 in Stock

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March 27, 2024 | finance.yahoo.com

Shareholders in MasterCraft Boat Holdings (NASDAQ:MCFT) are in the red if they invested a year ago

March 20, 2024 | investing.com

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m

March 18, 2024 | msn.com

Latham Group upgraded at Stifel, citing stock was dramatically undervalued

March 4, 2024 | marketwatch.com

MasterCraft Boat Names Brad Nelson Chief Executive, Board Member

March 4, 2024 | msn.com

MasterCraft Boat names Brad Nelson as CEO

March 4, 2024 | msn.com

MasterCraft's Leadership Evolution: Brad Nelson Appointed New CEO As Fred Brightbill Sets Sail Into Retirement

March 4, 2024 | finance.yahoo.com

MasterCraft Boat Holdings, Inc. Initiates Leadership Succession Plan

February 29, 2024 | finance.yahoo.com

Many Would Be Envious Of MasterCraft Boat Holdings' (NASDAQ:MCFT) Excellent Returns On Capital

February 29, 2024 | globenewswire.com

MasterCraft to Participate in Raymond James 45th Annual Institutional Investors Conference

February 22, 2024 | msn.com

EV boat maker Arc debuts a premium wake sport model for $258,000

February 9, 2024 | markets.businessinsider.com

Buy Rating Affirmed for MasterCraft Boat Holdings Amidst Market Challenges and Strategic Growth Initiatives

February 9, 2024 | finance.yahoo.com

At US$21.13, Is MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Worth Looking At Closely?

February 8, 2024 | finance.yahoo.com

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q2 2024 Earnings Call Transcript

February 7, 2024 | finance.yahoo.com

Compared to Estimates, MasterCraft Boat Holdings, Inc. (MCFT) Q2 Earnings: A Look at Key Metrics

February 7, 2024 | marketwatch.com

MasterCraft Boat's 2Q Sales Drop on Soft Demand

February 7, 2024 | finance.yahoo.com

MasterCraft Boat Holdings, Inc. (MCFT) Beats Q2 Earnings and Revenue Estimates

February 7, 2024 | msn.com

MasterCraft sees revenue fall 38% on weak retail demand

February 7, 2024 | msn.com

MasterCraft Boat Non-GAAP EPS of $0.37 beats by $0.14, revenue of $99.5M beats by $3.97M

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Ship & boat building & repairing
Sub-Industry: N/A
Current Symbol: NASDAQ:MCFT
CUSIP: N/A
CIK: 1638290
Web: www.mastercraft.com
Phone: (423) 884-2221
Fax: N/A
Employees: 1,060
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.67
High Stock Price Target: $30.00
Low Stock Price Target: $22.00
Potential Upside/Downside: +18.1%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.27
Trailing P/E Ratio: 6.39
Forward P/E Ratio: 13.83
P/E Growth: N/A
Net Income: $68.94 million
Net Margins: 10.66%
Pretax Margin: 14.15%
Return on Equity: 32.01%
Return on Assets: 17.76%

Debt

Debt-to-Equity Ratio: 0.24
Current Ratio: 2.11
Quick Ratio: 1.58

Sales & Book Value

Annual Sales: $662.05 million
Price / Sales: 0.54
Cash Flow: $5.88 per share
Price / Cash Flow: 3.55
Book Value: $10.98 per share
Price / Book: 1.90

Miscellaneous

Outstanding Shares: 17,030,000
Free Float: 16,608,000
Market Cap: $355.59 million
Optionable: Optionable
Beta: 1.64

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Key Executives

Mr. Timothy M. Oxley (Age 65)
VP, CFO, Treasurer & Secretary
Comp: $523.72k
Mr. George Steinbarger (Age 44)
President of Crest
Comp: $450.61k
Mr. Stephan Cloutier
President of Aviara Boats
Mr. Bradley M. Nelson (Age 55)
CEO & Director
Mr. Jim Brown
Vice President of Operations
Ms. Charlene Hampton
Vice President of Human Resources
Mr. Dave Ekern
Chief Product Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MCFT Stock Analysis - Frequently Asked Questions

Should I buy or sell MasterCraft Boat stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasterCraft Boat in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MCFT shares.
View MCFT analyst ratings or view top-rated stocks.
What is MasterCraft Boat's stock price target for 2024?: 6 equities research analysts have issued 12-month price objectives for MasterCraft Boat's shares. Their MCFT share price targets range from $22.00 to $30.00. On average, they expect the company's stock price to reach $24.67 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for MCFT or view top-rated stocks among Wall Street analysts.
How have MCFT shares performed in 2024?: MasterCraft Boat's stock was trading at $22.64 on January 1st, 2024. Since then, MCFT stock has decreased by 7.8% and is now trading at $20.88.
View the best growth stocks for 2024 here.
When is MasterCraft Boat's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MCFT earnings forecast.
How were MasterCraft Boat's earnings last quarter?: MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) posted its quarterly earnings results on Wednesday, February, 7th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.17. The company had revenue of $99.48 million for the quarter, compared to analysts' expectations of $95.53 million. MasterCraft Boat had a net margin of 10.66% and a trailing twelve-month return on equity of 32.01%. The firm's revenue was down 37.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS.
What ETFs hold MasterCraft Boat's stock?: ETFs with the largest weight of MasterCraft Boat (NASDAQ:MCFT) stock in their portfolio include Euclidean Fundamental Value ETF (ECML) and Roundhill Acquirers Deep Value ETF (DEEP).First Trust Dow Jones Select Microcap Index Fund (FDM).

What guidance has MasterCraft Boat issued on next quarter's earnings?: MasterCraft Boat issued an update on its third quarter 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share (EPS) guidance of 0.230-0.230 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $92.0 million-$92.0 million, compared to the consensus revenue estimate of $92.8 million.
What is John Dorton's approval rating as MasterCraft Boat's CEO?: 7 employees have rated MasterCraft Boat Chief Executive Officer John Dorton on Glassdoor.com. John Dorton has an approval rating of 80% among the company's employees.
What other stocks do shareholders of MasterCraft Boat own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MasterCraft Boat investors own include ITT Educational Services (ESINQ), Malibu Boats (MBUU), Nektar Therapeutics (NKTR), THOR Industries (THO), Western Digital (WDC), Applied Materials (AMAT), United Parcel Service (UPS), Advanced Energy Industries (AEIS), NVIDIA (NVDA) and RTX (RTX).
When did MasterCraft Boat IPO?: MasterCraft Boat (MCFT) raised $85 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 6,100,000 shares at $13.00-$15.00 per share. Baird, Raymond James and Wells Fargo Securities acted as the underwriters for the IPO and KeyBanc Capital Markets and Wunderlich were co-managers.
Who are MasterCraft Boat's major shareholders?: MasterCraft Boat's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (2.24%) and Los Angeles Capital Management LLC (0.29%). Insiders that own company stock include Coliseum Capital Management, L and Donald C Campion.
View institutional ownership trends.
How do I buy shares of MasterCraft Boat?: Shares of MCFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MCFT) was last updated on 4/19/2024 by MarketBeat.com Staff

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MasterCraft Boat (MCFT) Stock Price, News & Analysis

MasterCraft Boat MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MasterCraft Boat Stock (NASDAQ:MCFT)

MCFT Stock Price History

MCFT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MCFT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™