Malibu Boats Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Malibu Boats stock.
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5 Wall Street research analysts have issued 1 year target prices for Malibu Boats' shares. Their MBUU stock forecasts range from $70.00 to $90.00. On average, they predict Malibu Boats' stock price to reach $81.57 in the next twelve months. This suggests a possible upside of 50.7% from the stock's current price.
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Malibu Boats' stock was trading at $68.73 at the start of the year. Since then, MBUU shares have decreased by 21.3% and is now trading at $54.12.
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Malibu Boats is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Malibu Boats.

Malibu Boats, Inc. (NASDAQ:MBUU) posted its quarterly earnings results on Tuesday, May, 10th. The company reported $2.55 EPS for the quarter, topping the consensus estimate of $1.88 by $0.67. The firm had revenue of $344.30 million for the quarter, compared to the consensus estimate of $304.49 million. Malibu Boats had a net margin of 12.60% and a trailing twelve-month return on equity of 36.30%. The business's revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.75 earnings per share.
View Malibu Boats' earnings history.

Malibu Boats issued an update on its FY 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.19 billion-$1.20 billion, compared to the consensus revenue estimate of $1.14 billion.

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 MasterCraft Boat (MCFT), Marine Products (MPX), Conrad Industries (CNRD), Vision Marine Technologies (VMAR) and Twin Vee Powercats (VEEE).
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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."

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 $54.12.

Malibu Boats (NASDAQ:MBUU) has a market capitalization of $1.11 billion and generates $926.52 million in revenue each year. The company earns $109.84 million in net income (profit) each year or $6.80 on an earnings per share basis.

Malibu Boats employs 2,645 workers across the globe.

Malibu Boats' mailing address is 5075 KIMBERLY WAY, LOUDON TN, 37774. The official website for Malibu Boats is www.malibuboats.com. The company can be reached via phone at (865) 458-5478, via email at investorrelations@malibuboats.com, or via fax at 865-458-9052.