MasterCraft Boat Holdings Inc

MasterCraft Boat Holdings Inc Stock Forecast & Price Prediction

Live MasterCraft Boat Holdings Inc Stock (MCFT) Price
$17.22

7

Ratings

  • Buy 5
  • Hold 2
  • 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

$17.22

P/E Ratio

8.67

Volume Traded Today

$158,574

Dividend

$4.3

52 Week High/low

24.05/17.31

MasterCraft Boat Holdings Inc Market Cap

$342.8M

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MCFT Summary

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.

MCFT Analyst Ratings

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.

MCFT stock forecast by analyst

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

MCFT Company Information

  • Company Name: MasterCraft Boat Holdings, Inc.
  • Business Model: Designs, manufactures, and markets recreational powerboats.
  • Operating Segments:
    • MasterCraft: Produces premium performance sport boats for water skiing, wakeboarding, wake surfing, and general recreational boating.
    • Crest: Provides pontoon boats for general recreational boating.
    • Aviara: Produces luxury day boats for recreational use.
  • Product Range:
    • Ski/wake boats
    • Outboard boats
    • Sterndrive boats
    • Accessories including trailers and aftermarket parts
  • Brands: Boats are sold under MasterCraft, Crest, and Aviara brands.
  • Sales Channels: Products are sold through a network of independent dealers in North America and internationally.
  • History: Formerly known as MCBC Holdings, Inc.; rebranded in November 2018.
  • Incorporation: Established in 2000 and headquartered in Vonore, Tennessee.
MCFT
MasterCraft Boat Holdings Inc (MCFT)

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

MasterCraft Boat Holdings Inc (MCFT) Financial Data

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

$363.1M

Revenue From 2021

$466.0M

28.34 %
From Previous Year

Revenue From 2022

$641.6M

37.70 %
From Previous Year

Revenue From 2023

$662.0M

3.19 %
From Previous Year
  • Revenue TTM $466.0M
  • Operating Margin TTM 5.5%
  • Gross profit TTM $169.7M
  • Return on assets TTM 9.3%
  • Return on equity TTM 21.4%
  • Profit Margin 8.3%
  • Book Value Per Share 11.57%
  • Market capitalisation $342.8M
  • Revenue for 2021 $466.0M
  • Revenue for 2022 $641.6M
  • Revenue for 2023 $662.0M
  • EPS this year (TTM) $2.29

MasterCraft Boat Holdings Inc (MCFT) Latest News

News Image

Wed, 08 Nov 2023

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 08 Nov 2023

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 08 Nov 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 01 Nov 2023

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 31 Oct 2023

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 25 Oct 2023

Sentiment - NEGATIVE

Source - Seeking Alpha

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.

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MCFT Frequently asked questions

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

The lowest forecasted price for MCFT is $15 from Michael Swartz from Truist Securities

The MCFT analyst ratings consensus are 5 buy ratings, 2 hold ratings, and 0 sell ratings.