Mastercraft Boat (NASDAQ:MCFT) Stock Rating Upgraded by Zacks Research

by · The Markets Daily

Mastercraft Boat (NASDAQ:MCFT – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday, Zacks reports.

MCFT has been the topic of several other research reports. Robert W. Baird reduced their price target on shares of Mastercraft Boat from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, September 11th. Weiss Ratings lowered shares of Mastercraft Boat from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, September 11th. Truist Financial lowered their price objective on shares of Mastercraft Boat from $28.00 to $22.00 and set a “hold” rating for the company in a report on Friday, October 23rd. B. Riley Financial reaffirmed a “neutral” rating and set a $22.00 price objective (down from $25.00) on shares of Mastercraft Boat in a research report on Wednesday, September 16th. Finally, Wall Street Zen upgraded Mastercraft Boat to a “hold” rating in a report on Saturday, October 10th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $22.75.

View Our Latest Research Report on Mastercraft Boat

Mastercraft Boat Trading Down 3.2%

Shares of Mastercraft Boat stock opened at $19.85 on Monday. Mastercraft Boat has a 12-month low of $17.19 and a 12-month high of $28.44. The company has a market cap of $480.85 million, a P/E ratio of -992.00 and a beta of 1.10. The company’s fifty day simple moving average is $20.45 and its two-hundred day simple moving average is $22.48.

Mastercraft Boat (NASDAQ:MCFT – Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.36 by $0.14. Mastercraft Boat had a negative net margin of 0.48% and a positive return on equity of 11.08%. The firm had revenue of $154.14 million during the quarter, compared to analysts’ expectations of $67.19 million. Analysts predict that Mastercraft Boat will post 1.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Mastercraft Boat

Several institutional investors and hedge funds have recently added to or reduced their stakes in MCFT. BlackRock Inc. bought a new stake in shares of Mastercraft Boat during the 2nd quarter valued at $36,896,000. Pillsbury Lake Capital LLC purchased a new stake in shares of Mastercraft Boat in the 2nd quarter worth about $12,886,943. CenterBook Partners LP bought a new position in shares of Mastercraft Boat in the 3rd quarter worth about $8,025,000. Polar Asset Management Partners Inc. bought a new position in shares of Mastercraft Boat in the 2nd quarter worth about $10,073,000. Finally, De Lisle Partners LLP bought a new position in shares of Mastercraft Boat in the 2nd quarter worth about $5,573,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

More Mastercraft Boat News

Here are the key news stories impacting Mastercraft Boat this week:

  • Positive Sentiment: For the three months ended October 4, 2026, MCFT earned $0.50 per share, up from $0.28 a year earlier and above analyst estimates of $0.44 in one report ($0.36 in another). Revenue reached $154.1 million, well above the reported $67.19 million consensus estimate; a separate report said revenue rose 123.4%. MCFT Q1 Earnings and Revenues Surpass Estimates
  • Neutral Sentiment: The results cover a transition period following MCFT’s May 2026 merger with Marine Products. That expanded business makes comparisons and consensus estimates harder to interpret, so investors may look for more detail on ongoing performance across the combined operations. Company earnings release
  • Negative Sentiment: Despite the earnings beat, the company reported a net margin of negative 0.48%, a sign that the strong sales and per-share earnings did not translate into a positive net margin for the period. MasterCraft reports first-quarter results

Mastercraft Boat Company Profile

(Get Free Report)

MasterCraft Boat Holdings, Inc. designs, manufactures and sells recreational powerboats. The company serves the premium marine market with boats intended for water sports, cruising, fishing and general leisure use. Its portfolio has included MasterCraft performance ski and wake boats, Crest pontoon boats and Aviara luxury day boats. MasterCraft boats are known for water-sports features such as wake-shaping systems, while the company’s other brands address broader recreational boating needs, including spacious pontoon and luxury day-boat segments.

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