MasterCraft Boat (NASDAQ:MCFT) Issues Q1 2025 Earnings Guidance

MasterCraft Boat (NASDAQ:MCFT) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.040-0.040 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $61.0 million-$61.0 million, compared to the consensus revenue estimate of $81.1 million. MasterCraft Boat also updated its FY 2025 guidance to 0.360-0.870 EPS.

MasterCraft Boat Price Performance

Shares of MasterCraft Boat stock opened at $18.53 on Friday. The stock has a market capitalization of $314.66 million, a price-to-earnings ratio of 8.35 and a beta of 1.63. The firm’s 50-day moving average price is $19.50 and its two-hundred day moving average price is $20.67. 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.

MasterCraft Boat (NASDAQ:MCFT) last announced its earnings results on Thursday, August 29th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.21. MasterCraft Boat had a return on equity of 21.71% and a net margin of 8.26%. The business had revenue of $67.20 million for the quarter, compared to the consensus estimate of $63.10 million. During the same period in the previous year, the business earned $1.33 EPS. MasterCraft Boat’s revenue was down 59.7% compared to the same quarter last year. On average, equities analysts predict that MasterCraft Boat will post 0.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insider Buying and Selling at MasterCraft Boat

In other MasterCraft Boat news, major shareholder Coliseum Capital Management, L acquired 18,084 shares of the business’s stock in a transaction that occurred on 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 acquisition, the insider now directly owns 3,073,973 shares of the company’s stock, valued at approximately $63,231,624.61. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 296,502 shares of company stock worth $5,948,360. Company insiders own 2.50% of the company’s stock.

About MasterCraft Boat

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.