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 (WHO). Since then, MBUU shares have increased by 72.1% and is now trading at $51.74. 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) issued its earnings results on Thursday, May, 7th. The company reported $1.13 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.98 by $0.15. The company earned $182.31 million during the quarter, compared to the consensus estimate of $185.10 million. Malibu Boats had a net margin of 10.25% and a return on equity of 36.85%. The firm's quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 EPS. View Malibu Boats' earnings history.

7 Wall Street analysts have issued 12-month price targets for Malibu Boats' stock. Their forecasts range from $38.00 to $62.00. On average, they anticipate Malibu Boats' share price to reach $51.00 in the next year. This suggests that the stock has a possible downside of 1.4%. View analysts' price targets for Malibu Boats.

Press coverage about MBUU stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Malibu Boats earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Malibu Boats.

Malibu Boats saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 825,300 shares, a decrease of 22.1% from the June 15th total of 1,060,000 shares. Based on an average trading volume of 308,500 shares, the days-to-cover ratio is presently 2.7 days. Currently, 4.1% of the shares of the company 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 a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.06%). 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 Envestnet Asset Management Inc.. 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.

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 $51.74.

Malibu Boats has a market capitalization of $1.06 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]