MasterCraft Boat (NASDAQ:MCFT - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.010--0.010 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $60.0 million-$60.0 million, compared to the consensus revenue estimate of $60.7 million. MasterCraft Boat also updated its FY 2025 guidance to 0.550-0.950 EPS.
MasterCraft Boat Price Performance
Shares of MasterCraft Boat stock traded up $4.49 during trading hours on Wednesday, hitting $22.12. The company's stock had a trading volume of 473,662 shares, compared to its average volume of 158,786. MasterCraft Boat has a 12-month low of $16.12 and a 12-month high of $24.05. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.42 and a current ratio of 1.99. The company has a market cap of $367.35 million, a PE ratio of 50.68 and a beta of 1.61. The business has a 50 day moving average price of $17.59 and a two-hundred day moving average price of $19.16.
MasterCraft Boat (NASDAQ:MCFT - Get Free Report) last posted its quarterly earnings results on Thursday, August 29th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.18. The business had revenue of $67.20 million during the quarter, compared to analyst estimates of $63.10 million. MasterCraft Boat had a net margin of 2.13% and a return on equity of 9.44%. The company's quarterly revenue was down 59.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.33 EPS. Analysts expect that MasterCraft Boat will post 0.49 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. DA Davidson decreased their price target on MasterCraft Boat from $20.00 to $17.00 and set a "neutral" rating for the company in a research note on Tuesday, September 10th. StockNews.com cut shares of MasterCraft Boat from a "hold" rating to a "sell" rating in a report on Monday, September 2nd. B. Riley reduced their target price on MasterCraft Boat from $22.00 to $19.00 and set a "neutral" rating for the company in a research note on Wednesday, July 10th. Truist Financial reissued a "hold" rating and issued a $15.00 price objective on shares of MasterCraft Boat in a report on Friday, August 30th. Finally, Stifel Nicolaus reaffirmed a "buy" rating and set a $22.00 target price on shares of MasterCraft Boat in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $19.20.
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About MasterCraft Boat
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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.
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