MasterCraft Boat (MCFT) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasterCraft Boat in the last year. 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.
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6 Wall Street research analysts have issued 1-year price objectives for MasterCraft Boat's stock. Their MCFT share price targets range from $22.00 to $30.00. On average, they predict the company's stock price to reach $24.67 in the next year. This suggests a possible upside of 16.9% from the stock's current price.
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MasterCraft Boat's stock was trading at $22.64 at the start of the year. Since then, MCFT stock has decreased by 6.8% and is now trading at $21.10.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) posted its quarterly earnings data on Wednesday, February, 7th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.20 by $0.17. The company had revenue of $99.48 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 37.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.16 earnings per share.

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).

MasterCraft Boat updated its third quarter 2024 earnings guidance on Thursday, March, 28th. The company provided 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.

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.

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).

MasterCraft Boat (MCFT) raised $85 million in an initial public offering 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.

MasterCraft Boat's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (2.24%), Los Angeles Capital Management LLC (0.29%) and Redmont Wealth Advisors LLC (0.18%). Insiders that own company stock include Coliseum Capital Management, L and Donald C Campion.
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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.
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