Mastercraft Boat Holdings, Inc. (MCFT)

In the past six months, MCFT's stock experienced several notable events. The company reported its fiscal Q4 2025 results on August 27, 2025, with consolidated net sales of $284.2 million for the full fiscal year. For Q4 2025, net sales increased by 46.4% year-over-year to $79.5 million, and adjusted EBITDA was $9.5 million. MasterCraft announced its fiscal Q1 2026 earnings on November 6, 2025, reporting an EPS of $0.28. Quarterly revenue rose 5.5% year-over-year to $69 million. Management subsequently raised its FY2026 guidance for consolidated net sales to between $295 million and $310 million. Analyst coverage in December 2025 saw Loop and Seaport Global initiating coverage with "hold" and "neutral" recommendations, respectively. Insider buying activity was also noted, with Coliseum Capital Management, LLC purchasing 25,000 shares in December 2025. The stock price has been influenced by turbulent interest rates and broader industry headwinds.

Demand for Mastercraft Boat Holdings, Inc. products is seasonal. The company manages its manufacturing and allocates products to its dealer network to address anticipated retail demand. Dealers also contend with seasonal changes in consumer demand and inventory. The fiscal year ends on June 30, aligning with the end of the peak boating season. Retail demand has been weak after the COVID-19 pandemic, and rising interest rates have further impacted consumer purchasing power.

Mastercraft Boat Holdings, Inc. designs, manufactures, and markets high-performance recreational powerboats within the Consumer Discretionary sector. The company produces premium recreational inboard ski/wake, outboard, and sterndrive boats under the MasterCraft, Crest, Balise, and Supra brands. Aviara was divested in late 2024 (fiscal year 2025) and NauticStar was sold in fiscal year 2023.

Mastercraft Boat Holdings, Inc. is headquartered in Vonore, Tennessee, where MasterCraft boats and trailers are manufactured and lake-tested. The company also operates a facility in Owosso, Michigan, for Crest pontoon boat production. Aviara luxury day boats were previously manufactured in Merritt Island, Florida, but this brand and facility were divested. MasterCraft boats are distributed through an international network of independent dealers and distributors, serving markets in North America, Europe, Australia, and selected emerging markets.

MasterCraft has maintained a strong brand reputation, holding the #1 market share in the U.S. ski/wake boat category with 19.2% as of March 2025. The company has focused on product innovation, including the successful launch of the Balise pontoon brand for the 2025 model year. MasterCraft has leveraged its premium product offerings and disciplined inventory management to navigate industry challenges due to macroeconomic conditions.

Institutional investors hold a significant portion of Mastercraft Boat Holdings, Inc.'s stock, with 97.64% held by institutions. Major institutional owners include Coliseum Capital Management, LLC, Forager Capital Management, LLC, BlackRock, Inc., Systematic Financial Management Lp, Divisar Capital Management LLC, The Vanguard Group, Inc., Dimensional Fund Advisors Lp, American Century Companies Inc, and Goldman Sachs Group Inc. Wayzata Opportunities Fund II LP is the largest individual shareholder, owning 65.25% of the company's shares. Other significant insider holders include Wayzata Investment Partners LLC and Forager Fund LP.