Mastercraft Boat (NASDAQ:MCFT) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $20.45 and traded as low as $19.76. Mastercraft Boat shares last traded at $19.85, with a volume of 249,170 shares changing hands.

Mastercraft Boat News Roundup

Here are the key news stories impacting Mastercraft Boat this week:

• Positive Sentiment: For the three months ended October 4, 2026, MasterCraft reported adjusted? earnings per share of $0.50, above the $0.44 analyst consensus and up from $0.28 a year earlier. Revenue was $154.1 million, topping the $131.2 million estimate. MasterCraft results
• Positive Sentiment: Revenue was reported up 123.4% year over year, underscoring the larger scale of the business. Revenue report
• Neutral Sentiment: The results cover the first three months of a transition period, and MasterCraft’s continuing operations now include Performance and Wake, Leisure, and Recreation and Sport Fishing segments following its May merger with Marine Products. This broader business scope makes year-over-year comparisons less straightforward. Quarterly results
• Negative Sentiment: Despite the headline beat, the provided trading data show the stock moving lower. The reported net margin was negative 0.48%, a potential concern alongside the otherwise positive results.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MCFT. Weiss Ratings cut shares of Mastercraft Boat from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, September 11th. Truist Financial decreased their price objective on shares of Mastercraft Boat from $28.00 to $22.00 and set a “hold” rating on the stock in a report on Friday, October 23rd. Zacks Research cut shares of Mastercraft Boat from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 15th. Robert W. Baird dropped their target price on shares of Mastercraft Boat from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, September 11th. Finally, Wall Street Zen raised Mastercraft Boat to a “hold” rating in a research report on Saturday, October 10th. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Mastercraft Boat presently has an average rating of “Reduce” and an average target price of $22.75.

Mastercraft Boat Stock Performance

The company has a market capitalization of $480.85 million, a price-to-earnings ratio of -992.00 and a beta of 1.10. The firm has a 50-day simple moving average of $20.45 and a two-hundred day simple moving average of $22.48.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings results on Tuesday, November 10th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.36 by $0.14. Mastercraft Boat had a negative net margin of 0.48% and a positive return on equity of 11.08%. The business had revenue of $154.14 million during the quarter, compared to the consensus estimate of $67.19 million. As a group, equities analysts forecast that Mastercraft Boat Holdings, Inc. will post 1.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MCFT. State of Wyoming grew its stake in Mastercraft Boat by 5.1% during the 1st quarter. State of Wyoming now owns 17,736 shares of the company’s stock worth $364,000 after purchasing an additional 867 shares in the last quarter. State of Alaska Department of Revenue raised its position in Mastercraft Boat by 56.5% in the 3rd quarter. State of Alaska Department of Revenue now owns 3,543 shares of the company’s stock valued at $69,000 after purchasing an additional 1,279 shares in the last quarter. Versant Capital Management Inc raised its position in Mastercraft Boat by 196.9% in the 3rd quarter. Versant Capital Management Inc now owns 2,527 shares of the company’s stock valued at $50,000 after purchasing an additional 1,676 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Mastercraft Boat in the 2nd quarter valued at about $46,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Mastercraft Boat in the 2nd quarter valued at about $79,000. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc. designs, manufactures and sells recreational powerboats. The company serves the premium marine market with boats intended for water sports, cruising, fishing and general leisure use. Its portfolio has included MasterCraft performance ski and wake boats, Crest pontoon boats and Aviara luxury day boats. MasterCraft boats are known for water-sports features such as wake-shaping systems, while the company’s other brands address broader recreational boating needs, including spacious pontoon and luxury day-boat segments.