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New climate deal spurs hopes of more carbon storage projects
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Biden's Plan to Confiscate Your Cash? (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
US Dollar Replaced By "Biden Bucks"? (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Biden's Plan to Confiscate Your Cash? (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
US Dollar Replaced By "Biden Bucks"? (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Biden's Plan to Confiscate Your Cash? (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
US Dollar Replaced By "Biden Bucks"? (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
New climate deal spurs hopes of more carbon storage projects
US Dollar Replaced By "Biden Bucks"? (Ad)
NASDAQ:MBUU

Malibu Boats - MBUU Stock Forecast, Price & News

$68.05
+1.52 (+2.28%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$65.64
$68.17
50-Day Range
$48.72
$68.05
52-Week Range
$48.31
$82.61
Volume
120,999 shs
Average Volume
175,771 shs
Market Capitalization
$1.40 billion
P/E Ratio
10.01
Dividend Yield
N/A
Price Target
$79.00

Malibu Boats MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.1% Upside
$79.00 Price Target
Short Interest
Healthy
7.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Malibu Boats in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$37,800 Bought Last Quarter
Proj. Earnings Growth
10.05%
From $7.56 to $8.32 Per Share

Overall MarketRank

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

2.39 out of 5 stars

Consumer Discretionary Sector

128th out of 291 stocks

Ship & Boat Building & Repairing Industry

2nd out of 5 stocks

MBUU stock logo

About Malibu Boats (NASDAQ:MBUU) Stock

Malibu Boats, Inc. engages in the design, engineering, manufacturing, marketing, and sale of a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company offers 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, as well as 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 headquartered in Loudon, Tennessee.

Malibu Boats Trading Up 1.1 %

NASDAQ:MBUU traded up $0.73 during midday trading on Monday, hitting $67.26. 2,231 shares of the company traded hands, compared to its average volume of 176,127. The firm's fifty day moving average is $57.63 and its 200-day moving average is $58.78. Malibu Boats has a 12-month low of $48.31 and a 12-month high of $82.86. The firm has a market capitalization of $1.38 billion, a P/E ratio of 9.78 and a beta of 1.60. The company has a current ratio of 1.23, a quick ratio of 0.50 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MBUU shares. KeyCorp set a $70.00 price target on Malibu Boats in a research note on Tuesday, July 19th. StockNews.com raised Malibu Boats from a "hold" rating to a "buy" rating in a report on Thursday. B. Riley decreased their price objective on Malibu Boats from $103.00 to $89.00 and set a "buy" rating on the stock in a report on Tuesday, June 21st. Finally, Robert W. Baird decreased their price objective on Malibu Boats from $70.00 to $62.00 and set an "outperform" rating on the stock in a report on Monday, July 18th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $79.00.

Insider Activity at Malibu Boats

In related news, Director Peter E. Murphy purchased 700 shares of the firm's stock in a transaction that occurred on Wednesday, June 15th. The shares were bought at an average price of $54.00 per share, for a total transaction of $37,800.00. Following the acquisition, the director now owns 26,780 shares of the company's stock, valued at approximately $1,446,120. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.73% of the stock is currently owned by insiders.

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MBUU Stock News Headlines

Malibu Boats: Business Keeps Cruising Forward
Malibu Boats (NASDAQ:MBUU) Raised to Buy at StockNews.com
Introducing the All-New 2023 Axis A225 & T235
Malibu Boats (NASDAQ:MBUU) Upgraded to Buy at StockNews.com
Malibu Boats Inc Class A - Stock Valuation MBUU
Malibu Boats: Riding The Big Demand Wave
Best Value Stocks to Buy for June 3rd
Malibu Boats: A Little Gem
Why Malibu Boats Shares Are Gaining Today
See More Headlines
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MBUU Company Calendar

Last Earnings
11/04/2021
Today
8/15/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
N/A
Current Symbol
NASDAQ:MBUU
Employees
2,645
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$79.00
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$109.84 million
Pretax Margin
16.84%

Debt

Sales & Book Value

Annual Sales
$926.52 million
Cash Flow
$7.29 per share
Book Value
$18.28 per share

Miscellaneous

Free Float
20,148,000
Market Cap
$1.40 billion
Optionable
Optionable
Beta
1.60














MBUU Stock - Frequently Asked Questions

Should I buy or sell Malibu Boats stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MBUU shares.
View MBUU analyst ratings
or view top-rated stocks.

What is Malibu Boats' stock price forecast for 2022?

6 brokers have issued 12 month price targets for Malibu Boats' shares. Their MBUU share price forecasts range from $62.00 to $90.00. On average, they expect the company's share price to reach $79.00 in the next year. This suggests a possible upside of 16.1% 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 2022?

Malibu Boats' stock was trading at $68.73 at the start of the year. Since then, MBUU shares have decreased by 1.0% and is now trading at $68.05.
View the best growth stocks for 2022 here
.

When is Malibu Boats' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our MBUU earnings forecast
.

How were Malibu Boats' earnings last quarter?

Malibu Boats, Inc. (NASDAQ:MBUU) announced its quarterly earnings data on Thursday, November, 4th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.11. The company earned $253.50 million during the quarter, compared to analyst estimates of $246.16 million. Malibu Boats had a net margin of 12.60% and a trailing twelve-month return on equity of 36.30%. The business's revenue was up 40.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.09 earnings per share.

What guidance has Malibu Boats issued on next quarter's earnings?

Malibu Boats updated its FY 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.19 billion-$1.20 billion, compared to the consensus revenue estimate of $1.14 billion.

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).

What is Malibu Boats' stock symbol?

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

Who are Malibu Boats' major shareholders?

Malibu Boats' stock is owned by a number of institutional and retail investors. Top institutional investors include Cooke & Bieler LP (3.06%), Lazard Asset Management LLC (3.06%), Loomis Sayles & Co. L P (2.88%), Fort Washington Investment Advisors Inc. OH (1.98%), CI Investments Inc. (1.86%) and Renaissance Technologies LLC (1.59%). Insiders that own company stock include Jackie D Jr Springer, Jackie D Jr Springer, Mark W Lanigan, 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.

What is Malibu Boats' stock price today?

One share of MBUU stock can currently be purchased for approximately $68.05.

How much money does Malibu Boats make?

Malibu Boats (NASDAQ:MBUU) has a market capitalization of $1.40 billion and generates $926.52 million in revenue each year. The company earns $109.84 million in net income (profit) each year or $6.80 on an earnings per share basis.

How many employees does Malibu Boats have?

The company employs 2,645 workers across the globe.

How can I contact Malibu Boats?

Malibu Boats' mailing address is 5075 KIMBERLY WAY, LOUDON TN, 37774. The official website for the company is www.malibuboats.com. The company can be reached via phone at (865) 458-5478, via email at investorrelations@malibuboats.com, or via fax at 865-458-9052.

This page (NASDAQ:MBUU) was last updated on 8/16/2022 by MarketBeat.com Staff

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