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

MasterCraft Boat (NASDAQ:MCFT) updated its FY 2025 earnings guidance on Wednesday. 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

Several research firms have issued reports on MCFT. Truist Financial increased their price objective on MasterCraft Boat from $15.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday. B. Riley increased their price objective on MasterCraft Boat from $14.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday. StockNews.com cut MasterCraft Boat from a “hold” rating to a “sell” rating in a research report on Monday, September 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $22.00 price objective on shares of MasterCraft Boat in a research report on Friday, August 30th. Finally, DA Davidson raised their price target on MasterCraft Boat from $17.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $21.60.

MasterCraft Boat Price Performance

Shares of MCFT traded down $0.80 during trading hours on Friday, reaching $21.86. 120,901 shares of the company traded hands, compared to its average volume of 159,860. 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 stock has a market capitalization of $363.09 million, a PE ratio of 50.36 and a beta of 1.61. MasterCraft Boat has a fifty-two week low of $16.12 and a fifty-two week high of $24.05. The stock has a fifty day simple moving average of $17.71 and a 200 day simple moving average of $19.20.

MasterCraft Boat (NASDAQ:MCFT) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.09. The business had revenue of $65.40 million for the quarter, compared to analyst estimates of $61.19 million. MasterCraft Boat had a return on equity of 9.44% and a net margin of 2.13%. The business’s revenue for the quarter was down 37.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. As a group, research analysts predict that MasterCraft Boat will post 0.49 EPS for the current fiscal 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.