NASDAQ:MBUUMalibu Boats Stock Price, Forecast & News

Malibu Boats' stock was trading at $30.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MBUU stock has increased by 78.4% and is now trading at $53.63. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Malibu Boats.

Malibu Boats is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Malibu Boats.

Malibu Boats Inc (NASDAQ:MBUU) announced its quarterly earnings results on Thursday, May, 7th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.15. The business earned $182.31 million during the quarter, compared to analysts' expectations of $185.10 million. Malibu Boats had a net margin of 10.25% and a return on equity of 36.85%. The company's quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.15 earnings per share. View Malibu Boats' earnings history.

7 equities research analysts have issued 1 year target prices for Malibu Boats' shares. Their forecasts range from $38.00 to $53.00. On average, they expect Malibu Boats' share price to reach $45.14 in the next year. This suggests that the stock has a possible downside of 15.8%. View analysts' price targets for Malibu Boats.

News headlines about MBUU stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Malibu Boats earned a news impact score of 1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutMalibu Boats.

Malibu Boats saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,070,000 shares, a decline of 18.9% from the April 15th total of 1,320,000 shares. Based on an average daily volume of 269,600 shares, the days-to-cover ratio is presently 4.0 days. Approximately 5.3% of the company's stock are sold short. View Malibu Boats' Current Options Chain.

Some companies that are related to Malibu Boats include General Dynamics (GD), Huntington Ingalls Industries (HII), Marine Products (MPX), Mastercraft Boat (MCFT) and Conrad Industries (CNRD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Malibu Boats investors own include Intel (INTC), Advanced Micro Devices (AMD), Baidu (BIDU), AbbVie (ABBV), General Motors (GM), Mastercraft Boat (MCFT), NVIDIA (NVDA), Verizon Communications (VZ), Exxon Mobil (XOM) and Alphabet (GOOG).

Malibu Boats trades on the NASDAQ under the ticker symbol "MBUU."

Malibu Boats' stock is owned by many different institutional and retail investors. Top institutional investors include Lord Abbett & CO. LLC (9.96%), BlackRock Inc. (8.36%), Waddell & Reed Financial Inc. (4.09%), Neumeier Poma Investment Counsel LLC (3.08%), TimesSquare Capital Management LLC (3.06%) and FDx Advisors Inc. (3.06%). Company insiders that own Malibu Boats stock include Clair William Paxson St Jr, Deborah S Kent, Jackie D Jr Springer, Mark W Lanigan, Peter E Murphy, Phillip S Estes, Ritchie L Anderson and Wayne R Wilson. View institutional ownership trends for Malibu Boats.

MBUU stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Two Sigma Advisers LP, Wells Fargo & Company MN, Tygh Capital Management Inc., Schroder Investment Management Group, Nuveen Asset Management LLC, UBS Group AG, and Morgan Stanley. Company insiders that have sold Malibu Boats company stock in the last year include Mark W Lanigan, and Peter E Murphy. View insider buying and selling activity for Malibu Boats.

MBUU stock was bought by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Lord Abbett & CO. LLC, Alliancebernstein L.P., Aperture Investors LLC, Wellington Management Group LLP, Waddell & Reed Financial Inc., and Federated Hermes Inc.. View insider buying and selling activity for Malibu Boats.

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

One share of MBUU stock can currently be purchased for approximately $53.63.

Malibu Boats has a market capitalization of $1.10 billion and generates $684.02 million in revenue each year. The company earns $66.07 million in net income (profit) each year or $3.67 on an earnings per share basis. Malibu Boats employs 1,835 workers across the globe.

The official website for Malibu Boats is www.malibuboats.com.

Malibu Boats' mailing address is 5075 KIMBERLY WAY, LOUDON TN, 37774. The company can be reached via phone at 865-458-5478 or via email at [email protected]