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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.