MasterCraft Boat Holdings, Inc. (MCFT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q2 2025 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Tim Oxley - Chief Financial Officer Brad Nelson - Chief Executive Officer Conference Call Participants Joseph Altobello - Raymond James Financial, Inc. Craig Kennison - Robert W. Baird & Co. Noah Zatzkin - KeyBanc Capital Markets Inc. Griffin Bryan - D.
MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.37 per share a year ago.
MCFT's fiscal second-quarter results are likely to be hurt by dismal MasterCraft and Pontoon performance.
MasterCraft's fiscal Q1 results exceeded expectations, with dealer visibility starting to improve and MasterCraft expecting improving industry activity ahead. After the report, interest rates have risen considerably despite the Fed's rate cut, which could again delay the short-term recovery. With still similar long-term earnings power, I estimate MCFT to have 35% upside to a fair value of $25.1.
MCFT benefits from the launch of innovative products, like the redesigned XStar and the Balise premium pontoon brand.
MasterCraft Boat Holdings, Inc. (MCFT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MasterCraft Boat Holdings increased its 2025 guidance due to strong demand and lower interest rates, indicating potential undervaluation and a positive outlook. The company projects 2025 revenue between $270M-$300M, Adjusted EBITDA of $17M-$26M, and EPS of $0.55-$0.95, supporting my valuation of $35 per share. MCFT's proven profitable business model, positive long-term FCF, and net income growth make it an attractive investment despite potential risks from tariffs and interest rate changes.
MCFT's fiscal first-quarter margins reflect lower cost absorption resulting from planned reductions in unit volume and higher dealer incentives.
MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q1 2025 Results Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tim Oxley - Vice President, Chief Financial Officer, Treasurer and Secretary Brad Nelson - Chief Executive Officer Conference Call Participants Joseph Altobello - Raymond James Craig Kennison - Robert W. Baird Eric Wold - B.
MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.47 per share a year ago.
MasterCraft Boat Holdings is undergoing significant organizational changes, including a new CEO, board changes, and asset sales, to combat expected declines in consumer demand. Despite recent declines in revenue and net income, MCFT's long-term business model shows consistent growth, making the stock undervalued and a potential buy. Increased R&D and SG&A expenses indicate MCFT's commitment to innovation and market expansion, while reduced debt and share repurchases are expected to boost stock demand.