NASDAQ:MBUU - Malibu Boats Stock Price, Forecast & News

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

Malibu Boats Inc (NASDAQ:MBUU) announced its quarterly earnings data on Thursday, February, 6th. The company reported $0.93 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.24. The firm earned $180.10 million during the quarter, compared to analysts' expectations of $164.13 million. Malibu Boats had a return on equity of 39.76% and a net margin of 9.79%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 EPS. View Malibu Boats' Earnings History.

Malibu Boats is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Malibu Boats.

7 brokers have issued 12-month target prices for Malibu Boats' shares. Their forecasts range from $40.00 to $60.00. On average, they expect Malibu Boats' share price to reach $52.43 in the next year. This suggests a possible upside of 5.5% from the stock's current price. View Analyst Price Targets for Malibu Boats.

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

News stories about MBUU stock have trended negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Malibu Boats earned a news impact score of -2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Malibu Boats.

Malibu Boats saw a increase in short interest in January. As of January 31st, there was short interest totalling 926,400 shares, an increase of 12.2% from the January 15th total of 826,000 shares. Based on an average daily trading volume, of 174,100 shares, the days-to-cover ratio is presently 5.3 days. Approximately 4.6% of the shares of the stock are short sold. 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).

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), Mastercraft Boat (MCFT), Netflix (NFLX), NVIDIA (NVDA), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM) and Alphabet (GOOG).

Malibu Boats' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Lord Abbett & CO. LLC (7.73%), Renaissance Technologies LLC (6.63%), Neumeier Poma Investment Counsel LLC (3.09%), Punch & Associates Investment Management Inc. (2.17%), State Street Corp (2.02%) and ArrowMark Colorado Holdings LLC (1.67%). Company insiders that own Malibu Boats stock include Clair William Paxson St Jr, Deborah S Kent, Jackie D Jr Springer, 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 Prudential Financial Inc., Charles Schwab Investment Management Inc., Hussman Strategic Advisors Inc., Bowling Portfolio Management LLC, Oxford Asset Management LLP, New York State Common Retirement Fund, Cubist Systematic Strategies LLC and Hillcrest Asset Management LLC. View Insider Buying and Selling for Malibu Boats.

MBUU stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Alliancebernstein L.P., Renaissance Technologies LLC, Marshall Wace North America L.P., Tygh Capital Management Inc., Clark Estates Inc. NY, Mackay Shields LLC and Knights of Columbus Asset Advisors LLC. View Insider Buying and Selling 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 $49.68.

Malibu Boats has a market capitalization of $1.02 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.View Additional Information About Malibu Boats.

The official website for Malibu Boats is http://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]