MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest. The MasterCraft segment produces recreational performance sport boats and luxury day boats under the MasterCraft and Aviara brands, which are used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating. The NauticStar segment offers boats that are primarily used for saltwater fishing and general recreational boating. The Crest segment produces pontoon boats for use in general recreational boating. The company also offers various accessories, including trailers and aftermarket parts. It sells its boats through a network of independent dealers in North America and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was founded in 1968 and is based in Vonore, Tennessee.
IPO Year: 2015
Exchange: NASDAQ
Website: mastercraft.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/31/2023 | $37.00 → $23.00 | Buy → Neutral | B. Riley Securities |
| 5/31/2023 | $29.00 | Neutral | DA Davidson |
| 4/19/2023 | Sector Weight | KeyBanc Capital Markets | |
| 8/19/2022 | $35.00 | Buy | Stifel |
| 3/28/2022 | $47.00 | Buy | B. Riley Securities |
| 2/4/2022 | $39.00 → $41.00 | Outperform | Raymond James |
| 11/11/2021 | $36.00 → $39.00 | Outperform | Raymond James |
Kamilah Thomas Brings a Wealth of Experience to Avaya by Continuing to Evolve the Company's Culture while Better Aligning People and Processes Avaya, a leader in enterprise CX, announced the continuation of its leadership transformation with the appointment of Kamilah Thomas who joined the company on June 3 as Senior Vice President and Chief People Officer (CPO). Based in Avaya's corporate headquarters office in Morristown, New Jersey, she will report directly to Avaya CEO Alan Masarek. Thomas brings more than 20 years of global human resources leadership and organization transformation expertise. She oversees Avaya's global human resources organization and culture transformation to adv
Brad Nelson Appointed CEO of MasterCraft, Effective March 18, 2024 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 Reiterates Fiscal Third Quarter and Full Year 2024 Guidance VONORE, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced that Brad Nelson (54), will become the Company's new Chief Executive Officer and will be appointed to the Board of Directors, effective March 18, 2024. Mr. Nelson succeeds Fred Brightbill (71), who intends to retire
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
S-8 - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
DEF 14A - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
PRE 14A - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
10-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
8-K - MasterCraft Boat Holdings, Inc. (0001638290) (Filer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
VONORE, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal first quarter 2025 earnings conference call on Wednesday, November 6, 2024, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer, and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on November 6, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via telephone, pl
VONORE, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ:MCFT) subsidiary and the world's best-selling towboat brand, recently hosted a dynamic dealer meeting at its state-of-the-art factory in Tennessee, bringing together its dealer network for a day of education, celebration, and forward-looking announcements. The all-day event provided a structured experience for nearly 170 attendees, with stations focused on product education, company history, pricing strategies, product development, marketing insights, and a comprehensive tour of the factory. The highlight of the day was the unveiling of an exciting new product, signaling the
VONORE, Tenn., Sept. 12, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company"), today announced that it has entered into an agreement to sell its boat manufacturing plant located in Merritt Island, Florida. As previously announced, the Company held the facility for open market sale following its agreement to transfer the rights to its Aviara brand to a third party. Brad Nelson, Chief Executive Officer, commented, "We are pleased to announce the sale of our Aviara manufacturing property and facilities to RMI Holdings, Inc., the parent company of Regal Boats. We deeply appreciate the opportunity to transact with a great local boating partner, which we an
VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations beginning in the first quarter of fiscal 2025. The overview, commentary, and results provided herein relate to our continuing operations. Fourth Quarter Overview: Net sales for the
VONORE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal fourth quarter and full year 2024 earnings conference call on Thursday, August 29, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on August 29, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via te
Transaction Better Positions MasterCraft to Execute Strategic Growth Initiatives with Enhanced Operational Focus MasterCraft to Wind Down Merritt Island Production Facility Operations and Commence Marketing of Property for Sale Aviara Segment to be Reported as Discontinued Operations Beginning First Quarter Fiscal Year 2025 VONORE, Tenn., Aug. 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) ("MasterCraft" or the "Company") today announced that it has entered into an asset exchange agreement under which it will transfer the rights to its Aviara brand of luxury dayboats and related assets to Cruisers Yachts, a subsidiary of MarineMax, Inc. ("MarineMax"). Under
Kamilah Thomas Brings a Wealth of Experience to Avaya by Continuing to Evolve the Company's Culture while Better Aligning People and Processes Avaya, a leader in enterprise CX, announced the continuation of its leadership transformation with the appointment of Kamilah Thomas who joined the company on June 3 as Senior Vice President and Chief People Officer (CPO). Based in Avaya's corporate headquarters office in Morristown, New Jersey, she will report directly to Avaya CEO Alan Masarek. Thomas brings more than 20 years of global human resources leadership and organization transformation expertise. She oversees Avaya's global human resources organization and culture transformation to adv
VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measure, was $0.37, down 72.8% from the prior-year periodAdjusted EBITDA, a non-GAAP measure, was $9.7 million, down 70.7% from the prior-year periodShare repurchases of $1.6 million during
OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats ("Balise"). Balise was born from the singular mission to be the most luxurious and innovative pontoon boat on the market. The team behind Balise prioritized timeless artistry, sophisticated entertainment, radical innovation, and uncompromising quality in developing this new brand. And from these principles this vision has come to life. "The launch of the Balise brand is the cu
VONORE, Tenn., April 19, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal third quarter 2024 earnings conference call on Wednesday, May 8, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on May 8, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clic
B. Riley Securities downgraded MasterCraft from Buy to Neutral and set a new price target of $23.00 from $37.00 previously
DA Davidson initiated coverage of MasterCraft with a rating of Neutral and set a new price target of $29.00
KeyBanc Capital Markets initiated coverage of MasterCraft with a rating of Sector Weight
Stifel initiated coverage of MasterCraft with a rating of Buy and set a new price target of $35.00
B. Riley Securities reiterated coverage of MasterCraft with a rating of Buy and set a new price target of $47.00
Raymond James reiterated coverage of MasterCraft Boat Hldgs with a rating of Outperform and set a new price target of $41.00 from $39.00 previously
Raymond James reiterated coverage of MasterCraft Boat Hldgs with a rating of Outperform and set a new price target of $39.00 from $36.00 previously
Raymond James reiterated coverage of MasterCraft Boat Hldgs with a rating of Outperform and set a new price target of $36.00 from $33.00 previously
Raymond James reiterated coverage of MasterCraft Boat Hldgs with a rating of Outperform and set a new price target of $33.00 from $31.00 previously
B. Riley resumed coverage of MasterCraft Boat with a rating of Buy and set a new price target of $40.00 from $36.00 previously
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
4 - MasterCraft Boat Holdings, Inc. (0001638290) (Issuer)
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/26/24 $250.00 $26.5K 13.1K 37.1K GM CALL TRADE
Stifel analyst Drew Crum maintains MasterCraft Boat Hldgs (NASDAQ:MCFT) with a Buy and lowers the price target from $25 to $22.
4 analysts have shared their evaluations of MasterCraft Boat Hldgs (NASDAQ:MCFT) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $20.25, a high estimate of $25.00, and a low estimate of $15.00. Highlighting a 12.9% decr
B. Riley Securities analyst Eric Wold maintains MasterCraft Boat Hldgs (NASDAQ:MCFT) with a Neutral and lowers the price target from $22 to $19.
Truist Securities analyst Michael Swartz maintains MasterCraft Boat Hldgs (NASDAQ:MCFT) with a Hold and lowers the price target from $20 to $15.
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’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 Benzinga’s insider transactions platform. Snowflake The Trade: Snowflake Inc. (NYSE:SNOW) Director Michael L Speiser acquired a total of 76,200 shares at an average p
Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’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 Benzinga’s insider transactions platform. MasterCraft Boat Holdings The Trade: MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) 10% owner Adam Gray acquired a total of
Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’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 Benzinga’s insider transactions platform. Beyond The Trade: Beyond, Inc. (NYSE:BYON) Director Joseph J Tabacco Jr acquired a total of 12,400 shares an average price
Stifel analyst Drew Crum maintains MasterCraft Boat Hldgs (NASDAQ:MCFT) with a Buy and lowers the price target from $27 to $25.
SC 13G/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13D/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13D/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13D/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13D/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13D/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13G/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13G/A - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13G - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
SC 13G - MasterCraft Boat Holdings, Inc. (0001638290) (Subject)
VONORE, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal first quarter 2025 earnings conference call on Wednesday, November 6, 2024, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer, and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on November 6, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via telephone, pl
VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations beginning in the first quarter of fiscal 2025. The overview, commentary, and results provided herein relate to our continuing operations. Fourth Quarter Overview: Net sales for the
VONORE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal fourth quarter and full year 2024 earnings conference call on Thursday, August 29, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on August 29, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via te
VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measure, was $0.37, down 72.8% from the prior-year periodAdjusted EBITDA, a non-GAAP measure, was $9.7 million, down 70.7% from the prior-year periodShare repurchases of $1.6 million during
VONORE, Tenn., April 19, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal third quarter 2024 earnings conference call on Wednesday, May 8, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on May 8, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of the conference call by clic
VONORE, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 second quarter ended December 31, 2023. The highlights, commentary, and results provided herein relate to our continuing operations. Highlights: Net sales for the second quarter was $99.5 million, down 37.5% from the prior-year periodNet income from continuing operations was $5.9 million, or $0.35 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measure, was $0.37, down 69.2% from the prior-year periodAdjusted EBITDA, a non-GAAP measure, was $9.8 million, down 67.2% from the prior-year periodShare repurchases of $4.4 milli
VONORE, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal second quarter 2024 earnings conference call on Wednesday, February 7, 2024, at 8:30 a.m. EST. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on February 7, 2024. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of th
VONORE, Tenn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 first quarter ended October 1, 2023. Highlights: Unless otherwise indicated, the highlights and commentary provided herein relate to our continuing operations, which excludes our former NauticStar segment. Results for NauticStar are reported as discontinued operations. Net sales for the first quarter decreased to $104.2 million, down 38.5% from the prior-year period.Net income from continuing operations was $7.1 million, or $0.41 per diluted share.Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.47, down 67.1%.Adjusted EBIT
VONORE, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal first quarter 2024 earnings conference call on Wednesday, November 8, 2023, at 8:30 a.m. EDT. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call on November 8, 2023. Participants may access the conference call live via webcast on the investor section of the Company's website, Investors.MasterCraft.com, on the day of
VONORE, Tenn., Aug. 30, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2023 fourth quarter and year ended June 30, 2023. Unless otherwise indicated, the highlights and commentary provided herein relate to our continuing operations, which exclude the NauticStar segment results reported as discontinued operations. Fourth Quarter Highlights: Net sales for the fourth quarter were $166.6 million, down 15.5% from the prior-year periodNet income from continuing operations was $23.1 million, or $1.32 per diluted share, down 31.2% and 28.6%, respectively, from the prior-year periodDiluted Adjusted Net Income per share, a no