MasterCraft Boat Holdings Inc

MasterCraft Boat Holdings Inc Stock Forecast & Price Prediction

Live MasterCraft Boat Holdings Inc Stock (MCFT) Price
$21.20

7

Ratings

  • Buy 3
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$21.20

P/E Ratio

299.57

Volume Traded Today

$38,600

Dividend

$4.3

52 Week High/low

24.05/16.12

MasterCraft Boat Holdings Inc Market Cap

$352.2M

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MCFT Summary

From what 7 stock analysts predict, the share price for MasterCraft Boat Holdings Inc (MCFT) might increase by 8.49% in the next year. This is based on a 12-month average estimation for MCFT. Price targets go from $18 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.

MCFT Analyst Ratings

MasterCraft Boat Holdings Inc has a total of 7 Wall St Analyst ratings. There are 3 buy ratings, 4 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.

MCFT stock forecast by analyst

These are the latest 20 analyst ratings of MCFT.

Analyst/Firm

Rating

Price Target

Change

Date

Brandon Rolle
DA Davidson

Neutral

$23

Maintains

Nov 8, 2024
Michael Swartz
Truist Securities

Hold

$22

Maintains

Nov 7, 2024
Eric Wold
B. Riley Securities

Neutral

$18

Maintains

Nov 7, 2024
Brandon Rolle
DA Davidson

Neutral

$17

Maintains

Sep 10, 2024
Drew Crum
Stifel

Buy

$22

Maintains

Aug 30, 2024
Michael Swartz
Truist Securities

Hold

$15

Maintains

Aug 30, 2024
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
Eric Wold
B. Riley Securities

Neutral

$23

Downgrade

Aug 31, 2023
Joseph Altobello
Raymond James

Outperform

$25

Maintains

Aug 31, 2023
Drew Crum
Stifel

Buy

$33

Maintains

Aug 31, 2023

MCFT Company Information

What They Do: Designs and manufactures recreational powerboats.

Business Model: The company operates through three segments: MasterCraft, Pontoon, and Aviara, generating revenue by designing, manufacturing, and marketing a variety of recreational boats. It sells premium performance sport boats, pontoon boats, and luxury day boats under well-known brands through a network of independent dealers in North America and internationally.

Other Information: Founded in 1968 and headquartered in Vonore, Tennessee, the company previously operated as MCBC Holdings, Inc. and rebranded in November 2018. In addition to boats, MasterCraft offers trailers and aftermarket parts, catering to a diverse customer base in the recreational boating industry.
MCFT
MasterCraft Boat Holdings Inc (MCFT)

When did it IPO

2015

Staff Count

920

Country

United States

Sector/Industry

Consumer Cyclical/Recreational Vehicles

CEO

Mr. Bradley M. Nelson

Market Cap

$352.2M

MasterCraft Boat Holdings Inc (MCFT) Financial Data

In 2023, MCFT generated $0 in revenue, which was a increase of 0.00% 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $337.6M
  • Operating Margin TTM 1.5%
  • Gross profit TTM $67.1M
  • Return on assets TTM 1.9%
  • Return on equity TTM 0.7%
  • Profit Margin -1.0%
  • Book Value Per Share 10.43%
  • Market capitalisation $352.2M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $0.07

MasterCraft Boat Holdings Inc (MCFT) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) will hold its Q1 2025 earnings conference call on November 6, 2024, at 8:30 AM ET, featuring key executives and analysts.

Why It Matters - MasterCraft's Q1 2025 earnings call could reveal insights into financial performance, market trends, and management strategies, impacting stock valuation and investor sentiment.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) reported its fiscal 2025 Q1 financial results for the period ending September 29, 2024.

Why It Matters - MasterCraft's fiscal Q1 results can impact stock performance, indicating financial health and growth potential, which influences investor sentiment and trading decisions.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MasterCraft Boat Holdings, Inc. (MCFT) reported Q1 earnings of $0.12 per share, exceeding estimates of $0.03, but down from $0.47 per share in the same quarter last year.

Why It Matters - MasterCraft's earnings beat expectations, indicating strong performance despite a year-over-year decline. This could signal potential growth or recovery, impacting stock valuation and investor sentiment.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MCFT's fiscal Q1 margins have decreased due to lower cost absorption from planned unit volume reductions and increased dealer incentives.

Why It Matters - Lower cost absorption and increased dealer incentives may signal reduced profitability for MCFT, potentially impacting stock performance and investor sentiment.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - MasterCraft Boat Holdings raised its 2025 guidance, projecting revenue of $270M-$300M and EPS of $0.55-$0.95, driven by strong demand and lower interest rates.

Why It Matters - MasterCraft's increased guidance signals strong demand and financial health, suggesting potential undervaluation and an attractive investment opportunity amid economic fluctuations.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) will hold a live webcast for its fiscal Q1 2025 earnings call on November 6, 2024, at 8:30 a.m.

Why It Matters - The webcast of MasterCraft's Q1 2025 earnings is a key opportunity for investors to assess financial performance and future outlook, impacting stock valuation and investment decisions.

...

MCFT Frequently asked questions

The highest forecasted price for MCFT is $26 from at .

The lowest forecasted price for MCFT is $18 from from Raymond James

The MCFT analyst ratings consensus are 3 buy ratings, 4 hold ratings, and 0 sell ratings.