MasterCraft Boat (NASDAQ:MCFT) Releases FY 2025 Earnings Guidance

MasterCraft Boat (NASDAQ:MCFT) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.360-0.870 for the period, compared to the consensus estimate of 1.590. The company issued revenue guidance of $265.0 million-$300.0 million, compared to the consensus revenue estimate of $401.4 million. MasterCraft Boat also updated its FY25 guidance to $0.36-0.87 EPS.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Stifel Nicolaus reissued a buy rating and issued a $22.00 price target on shares of MasterCraft Boat in a research note on Friday. Truist Financial reaffirmed a hold rating and set a $15.00 target price on shares of MasterCraft Boat in a research note on Friday. Finally, B. Riley lowered their target price on MasterCraft Boat from $22.00 to $19.00 and set a neutral rating on the stock in a research note on Wednesday, July 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Hold and an average target price of $21.83.

MasterCraft Boat Stock Down 0.7 %

NASDAQ:MCFT traded down $0.13 on Friday, hitting $18.53. 201,760 shares of the company’s stock traded hands, compared to its average volume of 157,071. The company has a current ratio of 2.02, a quick ratio of 1.54 and a debt-to-equity ratio of 0.23. MasterCraft Boat has a 1 year low of $17.31 and a 1 year high of $24.05. The firm has a 50-day moving average price of $19.50 and a 200-day moving average price of $20.67. The company has a market cap of $314.66 million, a PE ratio of 8.35 and a beta of 1.63.

MasterCraft Boat (NASDAQ:MCFT) last issued its quarterly earnings data on Thursday, August 29th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.25) by $0.21. The firm had revenue of $67.20 million for the quarter, compared to analyst estimates of $63.10 million. MasterCraft Boat had a net margin of 8.26% and a return on equity of 21.71%. The company’s revenue for the quarter was down 59.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. Equities analysts anticipate that MasterCraft Boat will post 0.85 EPS for the current fiscal year.

Insider Transactions at MasterCraft Boat

In other MasterCraft Boat news, major shareholder Coliseum Capital Management, L acquired 18,084 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were acquired at an average cost of $20.57 per share, for a total transaction of $371,987.88. Following the completion of the purchase, the insider now owns 3,073,973 shares of the company’s stock, valued at approximately $63,231,624.61. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have acquired 296,502 shares of company stock worth $5,948,360. Company insiders own 2.50% of the company’s stock.

MasterCraft Boat Company Profile

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.