Malibu Boats Stock Forecast, Price & 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 stock has increased by 91.4% and is now trading at $57.56.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Malibu Boats.

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Malibu Boats is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Malibu Boats.

Malibu Boats, Inc. (NASDAQ:MBUU) released its earnings results on Wednesday, November, 11th. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.25. The company had revenue of $181 million for the quarter, compared to analyst estimates of $178.94 million. Malibu Boats had a return on equity of 28.59% and a net margin of 9.43%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 earnings per share.
View Malibu Boats' earnings history.

Malibu Boats updated its FY 2021 IntraDay earnings guidance on Friday, November, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $783.796-783.796 million, compared to the consensus revenue estimate of $866.35 million.

8 analysts have issued twelve-month price objectives for Malibu Boats' stock. Their forecasts range from $50.00 to $80.00. On average, they expect Malibu Boats' share price to reach $63.86 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
View analysts' price targets for Malibu Boats.

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).
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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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.92%), Massachusetts Financial Services Co. MA (3.11%), Cooke & Bieler LP (2.55%), State Street Corp (1.92%), Punch & Associates Investment Management Inc. (1.57%) and JPMorgan Chase & Co. (1.27%). Company insiders that own Malibu Boats stock include Deborah S Kent, 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 Cooke & Bieler LP, Shellback Capital LP, First Trust Advisors LP, Dalton Greiner Hartman Maher & Co., Cadence Capital Management LLC, Punch & Associates Investment Management Inc., LSV Asset Management, and State Street Corp. Company insiders that have sold Malibu Boats company stock in the last year include Mark W Lanigan, Peter E Murphy, and Ritchie L Anderson.
View insider buying and selling activity for Malibu Boats.

MBUU stock was bought by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., Hussman Strategic Advisors Inc., RK Capital Management LLC, Squarepoint Ops LLC, Royce & Associates LP, and AJO LP.
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 $57.56.

Malibu Boats has a market capitalization of $1.19 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' 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]