Should I buy or sell Malibu Boats stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MBUU shares. View MBUU analyst ratings or view top-rated stocks .

What is Malibu Boats' stock price target for 2024?

7 brokers have issued 12-month target prices for Malibu Boats' shares. Their MBUU share price targets range from $50.00 to $80.00. On average, they expect the company's share price to reach $60.43 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View analysts price targets for MBUU or view top-rated stocks among Wall Street analysts .

How have MBUU shares performed in 2023?

Malibu Boats' stock was trading at $53.30 at the beginning of the year. Since then, MBUU stock has decreased by 14.2% and is now trading at $45.75. View the best growth stocks for 2023 here .

When is Malibu Boats' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our MBUU earnings forecast .

How were Malibu Boats' earnings last quarter?

Malibu Boats, Inc. (NASDAQ:MBUU) released its quarterly earnings data on Tuesday, October, 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.24. The firm earned $255.83 million during the quarter, compared to the consensus estimate of $243.81 million. Malibu Boats had a net margin of 6.70% and a trailing twelve-month return on equity of 28.82%.

What ETF holds Malibu Boats' stock ?

Euclidean Fundamental Value ETF holds 40,022 shares of MBUU stock, representing 1.43% of its portfolio.

What is Jack Springer's approval rating as Malibu Boats' CEO?

8 employees have rated Malibu Boats Chief Executive Officer Jack Springer on Glassdoor.com . Jack Springer has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Malibu Boats own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Malibu Boats investors own include Advanced Micro Devices (AMD) , AbbVie (ABBV) , Intel (INTC) , NVIDIA (NVDA) , MasterCraft Boat (MCFT) , United Parcel Service (UPS) , Applied Materials (AMAT) , Activision Blizzard (ATVI) , Alphabet (GOOG) and Micron Technology (MU) .

Who are Malibu Boats' major shareholders?

Malibu Boats' stock is owned by many different institutional and retail investors. Top institutional investors include American Century Companies Inc. (6.89%), Loomis Sayles & Co. L P (2.71%), The Manufacturers Life Insurance Company (2.10%), Fort Washington Investment Advisors Inc. OH (1.56%), Epoch Investment Partners Inc. (1.31%) and JPMorgan Chase & Co. (1.27%). Insiders that own company stock include David Scott Black, Jackie D Jr Springer, Jackie D Jr Springer , Peter E Murphy, Ritchie L Anderson, Ritchie L Anderson and Wayne R Wilson. View institutional ownership trends .

How do I buy shares of Malibu Boats?

Shares of MBUU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Malibu Boats Stock Price, News & Analysis (NASDAQ:MBUU)

$45.75

-1.41 (-2.99%)

(As of 12/5/2023 ET)

Compare

Today's Range: $45.62
▼
$46.74
50-Day Range: $42.60
▼
$51.14
52-Week Range: $42.06
▼
$65.45

Volume: 106,570 shs
Average Volume: 139,453 shs
Market Capitalization: $933.30 million

P/E Ratio: 10.52
Dividend Yield: N/A
Price Target: $60.43

Malibu Boats MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 32.1% Upside
$60.43 Price Target
Short Interest: Healthy
5.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.66
Based on 3 Articles This Week
Insider Trading: Selling Shares
$617,096 Sold Last Quarter
Proj. Earnings Growth: 18.40%
From $5.11 to $6.05 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Consumer Discretionary Sector

29th out of 255 stocks

Ship & Boat Building & Repairing Industry

1st out of 6 stocks

3.4

Analyst's Opinion

Consensus Rating
Malibu Boats has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $60.43, Malibu Boats has a forecasted upside of 32.1% from its current price of $45.75.
Amount of Analyst Coverage
Malibu Boats has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.39% of the float of Malibu Boats has been sold short.
Short Interest Ratio / Days to Cover
Malibu Boats has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in Malibu Boats has recently decreased by 13.01%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Malibu Boats does not currently pay a dividend.
Dividend Growth
Malibu Boats does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MBUU.

3.7

News and Social Media Coverage

News Sentiment
Malibu Boats has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Malibu Boats this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for MBUU on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Malibu Boats to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Malibu Boats insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $617,096.00 in company stock.
Percentage Held by Insiders
Only 1.62% of the stock of Malibu Boats is held by insiders.
Percentage Held by Institutions
91.35% of the stock of Malibu Boats is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Malibu Boats are expected to grow by 18.40% in the coming year, from $5.11 to $6.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Malibu Boats is 10.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Malibu Boats is 10.52, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.80.
Price to Book Value per Share Ratio
Malibu Boats has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Malibu Boats Stock (NASDAQ:MBUU)

Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing; and general recreational boating and fishing. The company sells its products through independent dealers in North America, Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.

MBUU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MBUU Stock News Headlines

December 4, 2023 | msn.com

Illegal Migrants Invade Elite Playground in Malibu

December 3, 2023 | finance.yahoo.com

Malibu Boats, Inc.'s (NASDAQ:MBUU) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

November 29, 2023 | msn.com

Panga boat sinks off Malibu coast, Homeland Security and US Customs investigating

November 28, 2023 | americanbankingnews.com

Malibu Boats, Inc. (NASDAQ:MBUU) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

November 14, 2023 | finance.yahoo.com

Pilgrim's Pride and Malibu Boats have been highlighted as Zacks Bull and Bear of the Day

November 14, 2023 | finance.yahoo.com

Bear of the Day: Malibu Boats (MBUU)

November 10, 2023 | benzinga.com

Chief Operating Officer of Malibu Boats Sold $589K In Stock

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 10, 2023 | finanznachrichten.de

Malibu Boats, Inc.: Introducing the All-New 2024 Malibu M242

November 9, 2023 | finance.yahoo.com

Introducing the All-New 2024 Malibu M242

November 8, 2023 | markets.businessinsider.com

Malibu Boats Names Bruce Beckman CFO

November 8, 2023 | finance.yahoo.com

Malibu Boats, Inc. Announces Appointment of Bruce Beckman to Chief Financial Officer

November 7, 2023 | morningstar.com

Malibu Boats Inc Class A

November 2, 2023 | seekingalpha.com

Malibu Boats: Good Company But Waiting For A Better Price

November 2, 2023 | finance.yahoo.com

Earnings growth of 3.5% over 3 years hasn't been enough to translate into positive returns for Malibu Boats (NASDAQ:MBUU) shareholders

November 1, 2023 | markets.businessinsider.com

Maintained Hold Rating for Malibu Boats Amid Deteriorating Retail Demand and Lowered Price Target

November 1, 2023 | finance.yahoo.com

Q1 2024 Malibu Boats Inc Earnings Call

October 31, 2023 | proactiveinvestors.com

Malibu Boats shares sink as deteriorating retail environment skuttles 1Q sales

October 31, 2023 | markets.businessinsider.com

Recreational Boats Maker Malibu Boats Hit By Low Demand And High Interest Rates; Here's Details On Q1 Performance

October 31, 2023 | finance.yahoo.com

Malibu Boats (MBUU) Reports Q1 Earnings: What Key Metrics Have to Say

October 31, 2023 | marketwatch.com

Malibu Boats Warns That Boat Market to Stay Soft

October 31, 2023 | finance.yahoo.com

Malibu Boats Inc (MBUU) Reports 15.3% Decrease in Net Sales for Q1 Fiscal 2024

October 31, 2023 | seekingalpha.com

Malibu Boats, Inc. 2024 Q1 - Results - Earnings Call Presentation

October 25, 2023 | finance.yahoo.com

Sportradar Group AG (SRAD) Earnings Expected to Grow: Should You Buy?

October 17, 2023 | finance.yahoo.com

Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for First Quarter Fiscal 2024 Financial Results

September 18, 2023 | finance.yahoo.com

Malibu Boats, Inc. to Participate at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference

See More Headlines

Receive MBUU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Malibu Boats and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 10/31/2023
Today: 12/05/2023
Next Earnings (Estimated): 2/06/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Ship & boat building & repairing
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:MBUU
CUSIP: N/A
CIK: 1590976
Web: www.malibuboats.com
Phone: (865) 458-5478
Fax: 865-458-9052
Employees: 3,095
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $60.43
High Stock Price Target: $80.00
Low Stock Price Target: $50.00
Potential Upside/Downside: +32.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.35
Trailing P/E Ratio: 10.52
Forward P/E Ratio: 8.95
P/E Growth: N/A
Net Income: $104.51 million
Net Margins: 6.70%
Pretax Margin: 9.10%
Return on Equity: 28.82%
Return on Assets: 19.70%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 1.95
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 0.67
Cash Flow: $10.33 per share
Price / Cash Flow: 4.43
Book Value: $29.89 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 20,400,000
Free Float: 20,067,000
Market Cap: $933.30 million
Optionable: Optionable
Beta: 1.46

Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

Mr. Jack D. Springer (Age 62)
CEO & Director
Comp: $1.37M
Mr. Ritchie L. Anderson (Age 58)
Chief Operating Officer
Comp: $752.23k
Mr. Bruce W. Beckman (Age 55)
Chief Financial Officer
Mr. Keith P. Aulson
Chief Information Officer
Ms. Doreen A. Bayliff
Vice President of Marketing
Mr. Dave M. Cluka
Vice President of Sales
Ms. Deborah S. Kent (Age 59)
Chief Human Resources Officer
Comp: $160.99k
Mr. M. Jason Turner
President of Cobalt Boats
Mr. Christopher M. Gratz
Senior Vice President of Operations & Engineering of Pursuit Boats
Mr. Matthew A. Saloom
President of Maverick Boat Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MBUU Stock Analysis - Frequently Asked Questions

Should I buy or sell Malibu Boats stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MBUU shares.
View MBUU analyst ratings or view top-rated stocks.
What is Malibu Boats' stock price target for 2024?: 7 brokers have issued 12-month target prices for Malibu Boats' shares. Their MBUU share price targets range from $50.00 to $80.00. On average, they expect the company's share price to reach $60.43 in the next year. This suggests a possible upside of 32.1% from the stock's current price.
View analysts price targets for MBUU or view top-rated stocks among Wall Street analysts.
How have MBUU shares performed in 2023?: Malibu Boats' stock was trading at $53.30 at the beginning of the year. Since then, MBUU stock has decreased by 14.2% and is now trading at $45.75.
View the best growth stocks for 2023 here.
When is Malibu Boats' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our MBUU earnings forecast.
How were Malibu Boats' earnings last quarter?: Malibu Boats, Inc. (NASDAQ:MBUU) released its quarterly earnings data on Tuesday, October, 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.24. The firm earned $255.83 million during the quarter, compared to the consensus estimate of $243.81 million. Malibu Boats had a net margin of 6.70% and a trailing twelve-month return on equity of 28.82%.
What ETF holds Malibu Boats' stock ?: Euclidean Fundamental Value ETF holds 40,022 shares of MBUU stock, representing 1.43% of its portfolio.

What is Jack Springer's approval rating as Malibu Boats' CEO?: 8 employees have rated Malibu Boats Chief Executive Officer Jack Springer on Glassdoor.com. Jack Springer has an approval rating of 67% among the company's employees.
What other stocks do shareholders of Malibu Boats own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Malibu Boats investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Intel (INTC), NVIDIA (NVDA), MasterCraft Boat (MCFT), United Parcel Service (UPS), Applied Materials (AMAT), Activision Blizzard (ATVI), Alphabet (GOOG) and Micron Technology (MU).
Who are Malibu Boats' major shareholders?: Malibu Boats' stock is owned by many different institutional and retail investors. Top institutional investors include American Century Companies Inc. (6.89%), Loomis Sayles & Co. L P (2.71%), The Manufacturers Life Insurance Company (2.10%), Fort Washington Investment Advisors Inc. OH (1.56%), Epoch Investment Partners Inc. (1.31%) and JPMorgan Chase & Co. (1.27%). Insiders that own company stock include David Scott Black, Jackie D Jr Springer, Jackie D Jr Springer, Peter E Murphy, Ritchie L Anderson, Ritchie L Anderson and Wayne R Wilson.
View institutional ownership trends.
How do I buy shares of Malibu Boats?: Shares of MBUU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MBUU) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial