Recent Research Analysts’ Ratings Updates for MasterCraft Boat (MCFT)

A number of firms have modified their ratings and price targets on shares of MasterCraft Boat (NASDAQ: MCFT) recently:

• 2/12/2025 – MasterCraft Boat was upgraded by analysts at B. Riley to a “hold” rating.
• 2/12/2025 – MasterCraft Boat was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 2/10/2025 – MasterCraft Boat had its price target lowered by analysts at DA Davidson from $23.00 to $22.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – MasterCraft Boat was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/27/2025 – MasterCraft Boat was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/7/2025 – MasterCraft Boat had its price target lowered by analysts at Truist Financial Co. from $22.00 to $20.00. They now have a “hold” rating on the stock.

MasterCraft Boat Trading Down 1.4 %

Shares of MCFT opened at $18.13 on Friday. MasterCraft Boat Holdings, Inc. has a 12 month low of $16.12 and a 12 month high of $24.05. The firm’s 50 day moving average is $18.71 and its 200-day moving average is $18.88. The stock has a market capitalization of $303.68 million, a PE ratio of -45.32 and a beta of 1.67.

MasterCraft Boat (NASDAQ:MCFT) last announced its 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 negative net margin of 2.29% and a positive return on equity of 3.74%. Equities research analysts predict that MasterCraft Boat Holdings, Inc. will post 0.62 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Coliseum Capital Management, L purchased 55,000 shares of MasterCraft Boat stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of $18.83 per share, for a total transaction of $1,035,650.00. Following the transaction, the insider now owns 3,562,615 shares of the company’s stock, valued at approximately $67,084,040.45. The trade was a 1.57 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 4.00% of the stock is currently owned by company insiders.

Institutional Trading of MasterCraft Boat

Several large investors have recently made changes to their positions in the company. Principal Financial Group Inc. acquired a new stake in MasterCraft Boat in the third quarter valued at approximately $191,000. Systematic Financial Management LP boosted its position in MasterCraft Boat by 6.8% in the third quarter. Systematic Financial Management LP now owns 1,028,585 shares of the company’s stock valued at $18,731,000 after buying an additional 65,412 shares in the last quarter. US Bancorp DE boosted its position in MasterCraft Boat by 64.0% in the third quarter. US Bancorp DE now owns 5,123 shares of the company’s stock valued at $93,000 after buying an additional 2,000 shares in the last quarter. Forager Capital Management LLC boosted its position in MasterCraft Boat by 29.9% in the third quarter. Forager Capital Management LLC now owns 1,697,695 shares of the company’s stock valued at $30,915,000 after buying an additional 390,405 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in MasterCraft Boat by 5.2% in the third quarter. Victory Capital Management Inc. now owns 71,682 shares of the company’s stock valued at $1,305,000 after buying an additional 3,568 shares in the last quarter. Institutional investors and hedge funds own 97.64% of the company’s stock.

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.