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 earnings results on Thursday, November, 7th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.13. The company had revenue of $172.10 million for the quarter, compared to the consensus estimate of $149.98 million. Malibu Boats had a return on equity of 42.48% and a net margin of 9.64%. The company's revenue was up 39.4% on a year-over-year basis. During the same period last year, the business posted $0.67 EPS. View Malibu Boats' Earnings History.

Malibu Boats is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Malibu Boats.

7 Wall Street analysts have issued twelve-month price objectives for Malibu Boats' shares. Their forecasts range from $40.00 to $52.00. On average, they expect Malibu Boats' share price to reach $48.33 in the next year. This suggests a possible upside of 9.9% 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 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Malibu Boats.

Media headlines about MBUU stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Malibu Boats earned a daily sentiment score of -1.8 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the immediate future. View News Stories for Malibu Boats.

Malibu Boats saw a drop in short interest in December. As of December 31st, there was short interest totalling 826,000 shares, a drop of 9.3% from the December 15th total of 910,500 shares. Based on an average daily trading volume, of 181,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 4.1% of the company's shares 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 Baidu (BIDU), Intel (INTC), Mastercraft Boat (MCFT), Alphabet (GOOG), Netflix (NFLX), Exxon Mobil (XOM), Mercadolibre (MELI), General Motors (GM), Verizon Communications (VZ) and Adobe (ADBE).

Malibu Boats' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.32%), Gradient Investments LLC (0.17%), Janney Montgomery Scott LLC (0.05%) and Bowling Portfolio Management LLC (0.03%). Company insiders that own Malibu Boats stock include Clair William Paxson St Jr, Dan L Gasper, 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 Bowling Portfolio 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 Dalton Greiner Hartman Maher & Co., Janney Montgomery Scott LLC and Gradient Investments 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 $43.99.

Malibu Boats has a market capitalization of $900.26 million 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]