Short interest for MasterCraft Boat Hldgs gives investors a sense of the degree to which investors are betting on the decline of MasterCraft Boat Hldgs's stock. Short interest data is updated every two weeks.

MasterCraft Boat Hldgs Stock (NASDAQ:MCFT), Short Interest Report

MasterCraft Boat Hldgs

MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.

green bullish chart shutter

Long Ideas

News

Insider Trades

Markets

Trading Ideas

EYPT

LIND

MCFT

STCN

Over $10M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying

Small Cap

Pre-Market Outlook

CTRN

PSTL

Although U.S. stocks closed lower on Friday, there were a few notable insider trades.

Over $1M Bet On This Consumer Cyclical Stock? Check Out These 3 Stocks Insiders Are Buying

Equities

Guidance

Management

General

MasterCraft Boat Holdings appoints Brad Nelson as new CEO and Board member, succeeding retiring CEO Fred Brightbill. The company reaffirms FY24 and Q3 guidance.

MasterCraft&#39;s Leadership Evolution: Brad Nelson Appointed New CEO As Fred Brightbill Sets Sail Into Retirement

MasterCraft Boat Holdings, Inc. - Common Stock

MasterCraft Boat Holdings Inc

WIIM

MBUU

ONEW

shares of boating stocks are trading lower after MarineMax reported worse-than-expected Q2 financial results and cut its FY24 adjusted EPS guidance.

Although U.S. stocks closed higher on Monday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Steel Connect</h3>
The Trade: Steel Connect, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STCN#NASDAQ">STCN</a>) 10% owner WF Asset Corp. <a href="https://www.benzinga.com/quote/STCN/analyst-ratings">acquired a total of 701,246 shares</a> at an average price of $9.83. To acquire these shares, it cost around $6.89 million.
What's Happening: On March 15, Steel Connect reported second-quarter revenues of $43 million.
What Steel Connect Does: Steel Connect Inc is a diversified holding company. The company&#8217;s operating segment include Direct Marketing and Supply Chain.
<h3 class="wp-block-heading">MasterCraft Boat</h3>
The Trade: MasterCraft Boat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) 10% owner Adam Gray acquired a total of 133,122 shares at an average price of $21.08. To acquire these shares, it cost around $2.78 million.
What's Happening: MasterCraft Boat said it will report its fiscal third quarter 2024 earnings on May 8, 2024.
What MasterCraft Boat Does: MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats.
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">EyePoint Pharmaceuticals</h3>
The Trade: EyePoint Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYPT#NASDAQ">EYPT</a>) 10% owner Cormorant Global Healthcare Master Fund, LP <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 581,765 shares</a> at an average price of $18.03. To acquire these shares, it cost around $10.49 million.
What's Happening: On April 2, EyePoint Pharmaceuticals expanded its scientific advisory board with world-renowned retina specialists.
What EyePoint Pharmaceuticals Does: EyePoint Pharmaceuticals Inc is a pharmaceutical company. It is engaged in developing and commercializing ophthalmic products for the treatment of eye diseases.
<h3 class="wp-block-heading">Lindblad Expeditions Holdings</h3>
The Trade: Lindblad Expeditions Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIND#NASDAQ">LIND</a>) Director Alex P Schultz <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 33,016 shares</a> at an average price of $7.47. The insider spent around $246,663 to buy those shares.
What's Happening: On April 22, Lindblad Expeditions Holdings announced the departure of Craig Felenstein, Chief Financial Officer, effective May 31.
What Lindblad Expeditions Holdings Does: Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/04/38370420/general-motors-tesla-and-3-stocks-to-watch-heading-into-tuesday">General Motors, Tesla And 3 Stocks To Watch Heading Into Tuesday</a>

B. Riley Securities analyst Eric Wold maintains MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) with a Neutral and lowers the price target from $24 to $22.

Price Target

Analyst Ratings

B. Riley Securities Maintains Neutral on MasterCraft Boat Hldgs, Lowers Price Target to $22

Although U.S. stocks closed lower on Friday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>MasterCraft Boat Holdings </h3>
<ul>
<li>The Trade: MasterCraft Boat Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcft#NASDAQ">MCFT</a>) 10% owner Adam Gray <a href="https://www.benzinga.com/quote/MCFT/analyst-ratings"> acquired a total of 72,608 shares </a> an average price of $21.74. To acquire these shares, it cost around $1.58 million.</li>
<li>What&rsquo;s Happening: On March 4, MasterCraft Boat Holdings named Brad Nelson as CEO.</li>
<li>What MasterCraft Boat Does: MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats.</li>
</ul>
<h3>Citi Trends </h3>
<ul>
<li>The Trade: Citi Trends, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctrn#NASDAQ">CTRN</a>) 10% owner Pleasant Lake Partners LLC acquired a total of 62,282 shares at an average price of</li>
<li>$22.99. To acquire these shares, it cost around $1.43 million.</li>
<li>What&rsquo;s Happening: On March 19, Citi Trends reported worse-than-expected fourth-quarter financial results.</li>
<li>What Citi Trends Does: Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States.</li>
</ul>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>Postal Realty Trust </h3>
<ul>
<li>The Trade: Postal Realty Trust, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pstl#NYSE">PSTL</a>) CEO and Director Andrew Spodek <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 10,000 shares </a> at an average price of $13.75. To acquire these shares, it cost around $137,500.</li>
<li>What&rsquo;s Happening: On Feb. 26, Postal Realty Trust posted upbeat quarterly sales.</li>
<li>What Postal Realty Trust Does: Postal Realty Trust Inc is an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/04/38242372/m-t-bank-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call"> M&amp;T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call </a>

MasterCraft Boat Holdings, Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) announced Brad Nelson will be the new Chief Executive Officer and will be appointed to the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37454433/mastercraft-boat-holdings-inc-initiates-leadership-succession-plan" rel="noreferrer noopener">Board of Directors, effective March 18, 2024</a>.
Nelson will succeed Fred Brightbill, who will retire as the CEO on March 18, 2024, and as Chairman and a member of the MasterCraft Board of Directors, effective June 30, 2024. Brightbill will serve as a consultant for one year after his retirement.
Roch Lambert, the Lead Independent Director of the Board, will be appointed Chairman, effective July 1, 2024.&nbsp;
Nelson has more than 30 years of operating and manufacturing experience and recently served as Executive Vice President and President, Commercial Segment of&nbsp;Oshkosh Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>).
Outlook: MasterCraft also reiterated its fiscal third quarter and full-year 2024 guidance previously&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/g36977701/mastercraft-boat-holdings-inc-reports-results-for-fiscal-2024-second-quarter" rel="noreferrer noopener">provided on February 7, 2024.</a>
The company reiterated its full-year guidance for sales of $400 million &#8211; $412 million (consensus $405.59 million), adjusted EBITDA ($42 million &#8211; $47 million) and Adjusted EPS of $1.53 &#8211; $1.78 (consensus $1.60).
The company also reiterated third-quarter guidance for sales of $92 million (consensus $92.82 million), adjusted EBITDA of $7 million, and Adjusted EPS of $0.23 (consensus $0.23).
Price Action: MCFT shares are trading lower by 1.41% at $21.65 on the last check Monday.

MasterCraft's Leadership Evolution: Brad Nelson Appointed New CEO As Fred Brightbill Sets Sail Into Retirement

MasterCraft Boat Holdings Sees FY24 Adj. EPS $1.53-$1.78 Vs $1.60 Est.; Revenue $400M-$412M Vs $405.592M Est.

MasterCraft Boat Holdings Sees Q3 2024 Adj. EPS ~$0.23 Vs $0.23 Est.; Revenue ~$92M Vs $92.824M Est.

Brad Nelson Appointed CEO of MasterCraft, Effective March 18, 2024 &nbsp;
Fred Brightbill to Retire as CEO, Effective March 18, 2024, and as Chairman of the MasterCraft Board of Directors, Effective June 30, 2024
Lead Independent Director Roch Lambert to be Appointed Chairman of the Board, Effective July 1, 2024

MasterCraft Boat Holdings Appoints Brad Nelson As CEO;  Roch Lambert To Be Appointed Chairman Of The Board

For the third quarter of fiscal 2024, consolidated net sales is expected to be approximately $92 million, with Adjusted EBITDA of approximately $7 million, and Adjusted Earnings per share of approximately $0.23.

Earnings

New ETFs

ETFs

MasterCraft Boat Sees Q3 Revenue Of $92M Vs. $102.5M Est. And Adj. EPS Of $0.23 Vs. $0.43 Est.

The Company&#39;s&nbsp;outlook&nbsp;is as follows: 
&nbsp;
<ul>
<li>Looking forward, we are narrowing our&nbsp;guidance&nbsp;range for the full year. Consolidated net sales is now expected to be between&nbsp;$400 million&nbsp;and&nbsp;$412 million, with Adjusted EBITDA between&nbsp;$42 million&nbsp;and&nbsp;$47 million, and Adjusted Earnings per share between&nbsp;$1.53&nbsp;and&nbsp;$1.78. We expect capital expenditures to be approximately&nbsp;$20 million&nbsp;for the full year</li>
</ul>

Earnings Beats

MasterCraft Boat Narrows Its FY24 Guidance: Now Sees Net sales Of $400M-$412M (Prior $390M-$420M) Vs. $414.44M Est.; Sees Adj. EPS Of $1.53-$1.78 (Prior $1.46-$1.88) Vs. $1.70 Est.

MasterCraft Boat Holdings(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) reported quarterly adjusted earnings of $0.37 per share which beat the analyst consensus estimate of $0.23 by 60.87 percent. This is a 69.17 percent decrease over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $99.48 million which beat the analyst consensus estimate of $96.13 million by 3.49 percent. This is a 37.51 percent decrease over sales of $159.19 million the same period last year.

MasterCraft Boat Holdings Q2 Adj. EPS $0.37 Beats $0.23 Estimate, Sales $99.48M Beat $96.13M Estimate

ACLS

ADNT

ALCO

APPS

ARCC

ASGN

ASND

AVXL

AZTA

BABA

BARK

BERY

BLBD

CDAY

CENT

CENTA

CFLT

CMRE

COTY

CRTO

CSGS

EEFT

ENTA

EQNR

FLNC

FLNG

FORM

FOXA

GEOS

GPRE

GPRO

HAIN

INTR

MKSI

MPWR

MSGE

MTRX

NBIX

NOTV

NTGR

NVST

NWSA

OESX

ORLY

OSCR

PAHC

Earnings Scheduled For February 7, 2024

Ratings for MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.5, along with a high estimate of $29.00 and a low estimate of $20.00. Observing a downward trend, the current average is 6.93% lower than the prior average price target of $25.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1704834063_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of MasterCraft Boat Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$22.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Joseph Altobello</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$23.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Drew Crum</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$29.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to MasterCraft Boat Hldgs. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of MasterCraft Boat Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of MasterCraft Boat Hldgs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MasterCraft Boat Hldgs's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MCFT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MasterCraft Boat Hldgs analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About MasterCraft Boat Hldgs</h2>
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.
<h3>MasterCraft Boat Hldgs's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: MasterCraft Boat Hldgs's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -38.52%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: MasterCraft Boat Hldgs's net margin is impressive, surpassing industry averages. With a net margin of 5.94%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): MasterCraft Boat Hldgs's ROE excels beyond industry benchmarks, reaching 3.23%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): MasterCraft Boat Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.8%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.27.
<h2>Analyst Ratings: What Are They?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying MasterCraft Boat Hldgs: Insights From 4 Analyst Reviews

Truist Securities analyst Michael Swartz maintains MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) with a Hold and raises the price target from $20 to $22.

Truist Securities Maintains Hold on MasterCraft Boat Hldgs, Raises Price Target to $22

Raymond James analyst Joseph Altobello maintains MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) with a Outperform and lowers the price target from $25 to $23.

Raymond James Maintains Outperform on MasterCraft Boat Hldgs, Lowers Price Target to $23

MasterCraft Boat Sees Q2 Revenue Of $96M Vs. $88.75M Est; Adj EPS Of $0.22 Vs. $0.32 Est.

MasterCraft Boat Sees FY24 $390M - $420M Vs. $411.76M Est; Sees FY24 Adj EPS Of $1.46 - $1.88 Vs. $1.8 Est.

MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) reported quarterly adjusted earnings of $0.47 per share which beat the analyst consensus estimate of $0.40 by 17.5 percent. This is a 67.13 percent decrease over earnings of $1.43 per share from the same period last year. The company reported quarterly sales of $104.20 million which beat the analyst consensus estimate of $96.63 million by 7.83 percent. This is a 38.53 percent decrease over sales of $169.52 million the same period last year.

MasterCraft Boat Hldgs Q1 Adj EPS $0.47 Beats $0.40 Estimate, Sales $104.20M Beat $96.63M Estimate

Stifel analyst Drew Crum maintains MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) with a Buy and lowers the price target from $33 to $29.

Stifel Maintains Buy on MasterCraft Boat Hldgs, Lowers Price Target to $29

MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) has observed the following analyst ratings within the last quarter: 
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
According to 7 analyst offering 12-month price targets in the last 3 months, MasterCraft Boat Hldgs has an average price target of $25.14 with a high of $33.00 and a low of $20.00. 
Below is a summary of how these 7 analysts rated MasterCraft Boat Hldgs over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock
<img src="https://www.benzinga.com/files/images/story/2023/1697565650_0.png" alt="price target chart" />
This current average has decreased by 25.75% from the previous average price target of $33.86. 
<a href="https://www.benzinga.com/quote/MCFT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MasterCraft Boat Hldgs analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h1>How Are Analyst Ratings Determined?</h1>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings for MasterCraft Boat Hldgs

Analysts fell to the sidelines weighing in on Container Store Group (TCS – Research Report) and MasterCraft Boat Holdings (MCFT – Research Report) ...

Analysts Offer Insights on Consumer Cyclical Companies: Container Store Group (TCS) and MasterCraft Boat Holdings (MCFT)

MasterCraft Boat Holdings, Inc. (MCFT) Q2 2024 Earnings Call Transcript

In a report released on February 7, Craig Kennison from Robert W. Baird maintained a Buy rating on MasterCraft Boat Holdings (MCFT – Research Repor...

Buy Rating Affirmed for MasterCraft Boat Holdings Amidst Market Challenges and Strategic Growth Initiatives

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on MasterCraft Boat Holdings (MCFT – Research Report), The Ch...

Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: MasterCraft Boat Holdings (MCFT), The Chefs' Warehouse (CHEF) and Jerash Holdings (US) (JRSH)

Small cap value stocks with potential M&A candidacy - BofA

MasterCraft Boat names Brad Nelson as CEO

MasterCraft Boat Holdings Inc (MCFT) just unveiled an announcement. MasterCraft Boat Holdings, Inc. is undergoing a significant leadership shift as...

MasterCraft Leadership Transition and Board Expansion

There's a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Wingstop (WING – Research Report) and MasterC...

Analysts Are Bullish on Top Consumer Cyclical Stocks: Wingstop (WING), MasterCraft Boat Holdings (MCFT)

Boating stocks slump after MarineMax warns of high promotional activity in the sector

MasterCraft Boat: A Chance To Buy This Small Cap At Potential Cyclical Lows

ALKS

ATGE

CHEF

CHGG

DVAX

FWRD

IDCC

IMMR

INSE

JRSH

LGND

OTTR

PRDO

SUPN

TGNA

UFPI

WING

WIRE

Press Releases

MasterCraft Boat Holdings, Inc. Reports Fiscal 2023 Results

MasterCraft Boat Holdings, Inc. Issues 2023 Sustainability Report

MasterCraft Boat Holdings, Inc. to Webcast Fiscal First Quarter 2024 Earnings Conference Call Wednesday, November 8, 2023

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 First Quarter

MasterCraft Boat Holdings, Inc. to Webcast Fiscal Second Quarter 2024 Earnings Conference Call Wednesday, February 7, 2024

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Second Quarter

MasterCraft to Participate in Raymond James 45th Annual Institutional Investors Conference

MasterCraft Boat Holdings, Inc. Initiates Leadership Succession Plan

MasterCraft Boat Holdings, Inc. to Webcast Fiscal Third Quarter 2024 Earnings Conference Call Wednesday, May 8, 2024

-

-

-

-

-

-

-

-

-

-

-

-

-

-

MasterCraft Boat Hldgs Stock (NASDAQ:MCFT), Short Interest Report

People Also Watch