NASDAQ:MBUUMalibu Boats Stock Price, Forecast & News

Malibu Boats' stock was trading at $30.07 on March 11th, 2020 when Coronavirus 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) posted its quarterly earnings results on Thursday, May, 7th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.98 by $0.15. The firm earned $182.31 million during the quarter, compared to analyst estimates of $185.10 million. Malibu Boats had a net margin of 10.25% and a return on equity of 36.85%. The firm's revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.15 earnings per share. View Malibu Boats' earnings history.

7 equities research analysts have issued 12-month price targets for Malibu Boats' stock. 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 coverage about MBUU stock has trended extremely negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Malibu Boats earned a news sentiment score of -4.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View the latest news aboutMalibu Boats.

Malibu Boats saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,070,000 shares, a drop 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 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). 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 retail and institutional 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]