MasterCraft Boat (NASDAQ:MCFT) Issues Q1 2025 Earnings Guidance

MasterCraft Boat (NASDAQ:MCFT) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.040-0.040 for the period, compared to the consensus EPS estimate of 0.150. The company issued revenue guidance of $61.0 million-$61.0 million, compared to the consensus revenue estimate of $81.1 million. MasterCraft Boat also updated its FY 2025 guidance to 0.360-0.870 EPS.

MasterCraft Boat Stock Performance

MCFT traded down $0.51 during trading on Thursday, hitting $19.35. 120,248 shares of the stock were exchanged, compared to its average volume of 155,960. The firm has a market capitalization of $328.58 million, a P/E ratio of 8.56 and a beta of 1.63. MasterCraft Boat has a 1-year low of $17.31 and a 1-year high of $24.05. The stock has a fifty day moving average price of $19.53 and a two-hundred day moving average price of $20.72. The company has a quick ratio of 1.54, a current ratio of 2.02 and a debt-to-equity ratio of 0.23.

Analyst Ratings Changes

MCFT has been the subject of a number of research reports. Truist Financial reduced their target price on shares of MasterCraft Boat from $20.00 to $15.00 and set a hold rating for the company in a report on Monday, July 8th. B. Riley dropped their price objective on MasterCraft Boat from $22.00 to $19.00 and set a neutral rating on the stock in a report on Wednesday, July 10th. Finally, Stifel Nicolaus lowered their price target on MasterCraft Boat from $25.00 to $22.00 and set a buy rating on the stock in a report on Friday, July 12th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $21.83.

Insider Buying and Selling at MasterCraft Boat

In related news, major shareholder Coliseum Capital Management, L acquired 98,446 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were acquired at an average cost of $20.35 per share, for a total transaction of $2,003,376.10. Following the acquisition, the insider now directly owns 3,047,968 shares in the company, valued at approximately $62,026,148.80. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders acquired 296,502 shares of company stock worth $5,948,360. Insiders own 2.50% 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.