From what 7 stock analysts predict, the share price for MasterCraft Boat Holdings Inc (MCFT) might increase by 20.03% in the next year. This is based on a 12-month average estimation for MCFT. Price targets go from $15 to $26. The majority of stock analysts believe MCFT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
MasterCraft Boat Holdings Inc has a total of 7 Wall St Analyst ratings. There are 5 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that MasterCraft Boat Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MCFT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Drew Crum Stifel | Buy | $22 | Maintains | Jul 12, 2024 |
Eric Wold B. Riley Securities | Neutral | $19 | Maintains | Jul 10, 2024 |
Michael Swartz Truist Securities | Hold | $15 | Maintains | Jul 8, 2024 |
Drew Crum Stifel | Buy | $25 | Maintains | May 9, 2024 |
Eric Wold B. Riley Securities | Neutral | $22 | Maintains | Apr 16, 2024 |
Michael Swartz Truist Securities | Hold | $22 | Maintains | Jan 9, 2024 |
Joseph Altobello Raymond James | Outperform | $23 | Maintains | Nov 9, 2023 |
Drew Crum Stifel | Buy | $29 | Maintains | Oct 31, 2023 |
Michael Swartz Truist Securities | Hold | $20 | Maintains | Oct 17, 2023 |
Brandon Rolle DA Davidson | Neutral | $22 | Maintains | Sep 1, 2023 |
Michael Swartz Truist Securities | Hold | $23 | Maintains | Aug 31, 2023 |
Drew Crum Stifel | Buy | $33 | Maintains | Aug 31, 2023 |
Joseph Altobello Raymond James | Outperform | $25 | Maintains | Aug 31, 2023 |
Eric Wold B. Riley Securities | Neutral | $23 | Downgrade | Aug 31, 2023 |
Craig Kennison Baird | Outperform | $30 | Maintains | Aug 31, 2023 |
Michael Swartz Truist Securities | Hold | $28 | Reiterates | Jul 14, 2023 |
Brandon Rolle DA Davidson | Neutral | $29 | Initiates | May 31, 2023 |
Eric Wold B. Riley Securities | Buy | $39 | Maintains | May 11, 2023 |
Joseph Altobello Raymond James | Outperform | $40 | Maintains | Feb 9, 2023 |
Michael Swartz Truist Securities | Hold | $28 | Maintains | Feb 9, 2023 |
When did it IPO
2015
Staff Count
1,060
Country
United States
Sector/Industry
Consumer Cyclical/Recreational Vehicles
CEO
Mr. Bradley M. Nelson
Market Cap
$342.8M
In 2023, MCFT generated $662.0M in revenue, which was a increase of 3.19% from the previous year. This can be seen as a signal that MCFT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q1 2024 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Bobby Potter - Vice President-Strategy & Investor Relations Fred Brightbill - Chief Executive Officer & Chairman Tim Oxley - Chief Financial Officer Conference Call Participants Joe Altobello - Raymond James Eric Wold - B. Riley Securities Operator Good morning, and thank you for standing by.
Summary - Although the revenue and EPS for MasterCraft Boat Holdings, Inc. (MCFT) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Summary - VONORE, Tenn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 first quarter ended October 1, 2023.
Summary - MasterCraft Boat Holdings, Inc. (MCFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Summary - MasterCraft Boat Holdings, Inc. (MCFT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Summary - MasterCraft Boat Holdings, Inc., a manufacturer of recreational power boats, is currently trading at 52-week lows. Despite a rock-solid balance sheet, reasonable valuations, and recent buying by a beneficial owner, the stock faces additional, potential downside due to cyclical headwinds. A full investment analysis on MasterCraft Boat Holdings follows in the paragraphs below.