On May 8, 2025, Truist Securities analyst Michael Swartz made changes to the price target for MasterCraft Boat Holdings (MCFT, Financial). The price target was raised from $16.00 to $17.00, marking a 6.25% increase.
Despite the adjustment in the price target, the analyst maintained a "Hold" rating for (MCFT, Financial), consistent with the prior rating. The changes reflect Truist Securities' updated outlook on the company's market performance.
Investors should note that the price target change represents a positive momentum for (MCFT, Financial), indicating potential for growth in line with the increased target. The rating, however, suggests a cautious approach, with the firm advising investors to neither buy nor sell aggressively at this time.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for MasterCraft Boat Holdings Inc (MCFT, Financial) is $18.40 with a high estimate of $21.00 and a low estimate of $17.00. The average target implies an upside of 5.32% from the current price of $17.47. More detailed estimate data can be found on the MasterCraft Boat Holdings Inc (MCFT) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, MasterCraft Boat Holdings Inc's (MCFT, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MasterCraft Boat Holdings Inc (MCFT, Financial) in one year is $15.22, suggesting a downside of 12.88% from the current price of $17.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MasterCraft Boat Holdings Inc (MCFT) Summary page.
