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

MasterCraft Boat (NASDAQ:MCFT) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.550-0.950 for the period, compared to the consensus EPS estimate of 0.620. The company issued revenue guidance of $270.0 million-$300.0 million, compared to the consensus revenue estimate of $279.3 million. MasterCraft Boat also updated its FY25 guidance to $0.55-$0.95 EPS.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on MCFT shares. DA Davidson dropped their price target on shares of MasterCraft Boat from $20.00 to $17.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 10th. B. Riley lowered their price target on MasterCraft Boat from $22.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, July 10th. Truist Financial reaffirmed a “hold” rating and set a $15.00 target price on shares of MasterCraft Boat in a research report on Friday, August 30th. Stifel Nicolaus restated a “buy” rating and set a $22.00 target price on shares of MasterCraft Boat in a research report on Friday, August 30th. Finally, StockNews.com lowered MasterCraft Boat from a “hold” rating to a “sell” rating in a research report on Monday, September 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, MasterCraft Boat has a consensus rating of “Hold” and an average price target of $19.20.

MasterCraft Boat Stock Up 23.0 %

Shares of MCFT traded up $4.06 during midday trading on Wednesday, reaching $21.69. 231,402 shares of the stock were exchanged, compared to its average volume of 156,978. The company has a quick ratio of 1.42, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $17.59 and a 200-day simple moving average of $19.16. The company has a market cap of $360.21 million, a price-to-earnings ratio of 50.68 and a beta of 1.61. MasterCraft Boat has a 12-month low of $16.12 and a 12-month high of $24.05.

MasterCraft Boat (NASDAQ:MCFT) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.18. MasterCraft Boat had a return on equity of 9.44% and a net margin of 2.13%. The business had revenue of $67.20 million during the quarter, compared to analysts’ expectations of $63.10 million. During the same period in the previous year, the firm earned $1.33 earnings per share. The firm’s quarterly revenue was down 59.7% compared to the same quarter last year. Research analysts forecast that MasterCraft Boat will post 0.49 EPS for the current year.

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.