Analysts Set MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) Price Target at $22.20

MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) has received a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $22.20.

A number of analysts have recently issued reports on the stock. Robert W. Baird raised their price target on shares of MASTERCRAFT BOAT from $20.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Raymond James Financial raised their target price on shares of MASTERCRAFT BOAT from $21.00 to $25.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Weiss Ratings restated a “hold (c-)” rating on shares of MASTERCRAFT BOAT in a research note on Wednesday, October 8th. Wall Street Zen upgraded MASTERCRAFT BOAT from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Finally, B. Riley raised their target price on MASTERCRAFT BOAT from $17.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th.

MASTERCRAFT BOAT Trading Up 3.0%

Shares of MCFT opened at $22.44 on Tuesday. MASTERCRAFT BOAT has a 12 month low of $14.39 and a 12 month high of $23.93. The company has a market cap of $365.55 million, a price-to-earnings ratio of 51.00 and a beta of 0.97. The business’s fifty day simple moving average is $21.57 and its two-hundred day simple moving average is $19.28.

MASTERCRAFT BOAT (NASDAQ:MCFT) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.18 by $0.22. MASTERCRAFT BOAT had a return on equity of 7.01% and a net margin of 2.48%.The company had revenue of $79.52 million for the quarter, compared to analysts’ expectations of $70.45 million. During the same period last year, the firm posted ($0.04) earnings per share. MASTERCRAFT BOAT’s revenue was up 46.4% compared to the same quarter last year. MASTERCRAFT BOAT has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. As a group, research analysts forecast that MASTERCRAFT BOAT will post 0.62 EPS for the current year.

Hedge Funds Weigh In On MASTERCRAFT BOAT

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State of Wyoming purchased a new position in shares of MASTERCRAFT BOAT during the 2nd quarter worth $61,000. GAMMA Investing LLC boosted its stake in shares of MASTERCRAFT BOAT by 6,422.7% during the 1st quarter. GAMMA Investing LLC now owns 8,610 shares of the company’s stock worth $148,000 after acquiring an additional 8,478 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of MASTERCRAFT BOAT by 8.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 13,200 shares of the company’s stock worth $227,000 after acquiring an additional 1,000 shares during the last quarter. Jane Street Group LLC purchased a new position in MASTERCRAFT BOAT during the first quarter valued at $236,000. Finally, Quantinno Capital Management LP lifted its position in MASTERCRAFT BOAT by 18.0% during the second quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock valued at $303,000 after purchasing an additional 2,496 shares in the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.

About MASTERCRAFT BOAT

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.