Malibu Boats Stock Forecast, Price & News

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" Malibu Boats stock.
View analyst ratings for Malibu Boats or view top-rated stocks.

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Malibu Boats is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Malibu Boats.

Malibu Boats, Inc. (NASDAQ:MBUU) released its quarterly earnings results on Monday, May, 3rd. The company reported $1.82 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.65 by $0.17. The business earned $273.16 million during the quarter, compared to analyst estimates of $255.13 million. Malibu Boats had a trailing twelve-month return on equity of 31.29% and a net margin of 10.71%. The company's quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.13 earnings per share.
View Malibu Boats' earnings history.

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 stock has increased by 138.3% and is now trading at $71.67.
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Malibu Boats issued an update on its FY 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $901.37 million-$901.37 million, compared to the consensus revenue estimate of $897.03 million.

6 equities research analysts have issued 1 year price targets for Malibu Boats' stock. Their forecasts range from $64.00 to $103.00. On average, they anticipate Malibu Boats' stock price to reach $88.43 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price.
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8 employees have rated Malibu Boats CEO Jack Springer on Glassdoor.com. Jack Springer has an approval rating of 67% among Malibu Boats' employees.

Some companies that are related to Malibu Boats include Marine Products (MPX), MasterCraft Boat (MCFT), Vision Marine Technologies (VMAR), Conrad Industries (CNRD) and Score Media and Gaming (SCR).
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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).

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

Malibu Boats' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.79%), Lord Abbett & CO. LLC (8.33%), Waddell & Reed Financial Inc. (3.83%), Renaissance Technologies LLC (3.53%), Dimensional Fund Advisors LP (3.35%) and Loomis Sayles & Co. L P (3.09%). Company insiders that own Malibu Boats stock include Jackie D Jr Springer, Mark W Lanigan, Peter E Murphy, 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 Renaissance Technologies LLC, Prudential Financial Inc., Waddell & Reed Financial Inc., Alliancebernstein L.P., Massachusetts Financial Services Co. MA, Aperture Investors LLC, Punch & Associates Investment Management Inc., and TimesSquare Capital Management LLC. Company insiders that have sold Malibu Boats company stock in the last year include Jackie D Jr Springer, Ritchie L Anderson, and Wayne R Wilson.
View insider buying and selling activity for Malibu Boats or view top insider-selling stocks.

MBUU stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, BlackRock Inc., Millennium Management LLC, Schroder Investment Management Group, FIL Ltd, Lisanti Capital Growth LLC, Morgan Stanley, and Moody Aldrich Partners LLC.
View insider buying and selling activity for Malibu Boats or or view top insider-buying stocks.

Shares of MBUU 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.
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One share of MBUU stock can currently be purchased for approximately $71.67.

Malibu Boats has a market capitalization of $1.49 billion and generates $653.16 million in revenue each year. The company earns $61.56 million in net income (profit) each year or $3.18 on an earnings per share basis.

Malibu Boats employs 1,795 workers across the globe.

The official website for Malibu Boats is www.malibuboats.com.

Malibu Boats is headquartered at 5075 KIMBERLY WAY, LOUDON TN, 37774.

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]