Malibu Boats Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street 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, May 6th 2021.
View our earnings forecast for Malibu Boats.

Malibu Boats, Inc. (NASDAQ:MBUU) announced its earnings results on Monday, February, 8th. The company reported $1.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.03 by $0.19. The company earned $195.65 million during the quarter, compared to analysts' expectations of $189.80 million. Malibu Boats had a net margin of 10.09% and a trailing twelve-month return on equity of 28.93%. Malibu Boats's quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the company earned $0.93 EPS.
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. Since then, MBUU stock has increased by 147.9% and is now trading at $74.54.
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Malibu Boats updated its FY 2021 Pre-Market earnings guidance on Tuesday, February, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $881.77 million, compared to the consensus revenue estimate of $851.56 million.

7 brokers have issued 1 year price targets for Malibu Boats' stock. Their forecasts range from $62.00 to $97.00. On average, they expect Malibu Boats' stock price to reach $79.00 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts' price targets for Malibu Boats or view top-rated stocks among Wall Street analysts.

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 General Dynamics (GD), Huntington Ingalls Industries (HII), Marine Products (MPX), MasterCraft Boat (MCFT) and Conrad Industries (CNRD).
View all of MBUU's competitors.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.39%), Lord Abbett & CO. LLC (7.92%), Renaissance Technologies LLC (4.63%), Dimensional Fund Advisors LP (3.58%), Lazard Asset Management LLC (2.94%) and Alliancebernstein L.P. (2.39%). 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, Lord Abbett & CO. LLC, Cooke & Bieler LP, Dalton Greiner Hartman Maher & Co., ClariVest Asset Management LLC, Voloridge Investment Management LLC, Squarepoint Ops LLC, and Dimensional Fund Advisors LP. Company insiders that have sold Malibu Boats company stock in the last year include Jackie D Jr Springer, Mark W Lanigan, Peter E Murphy, 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 The Manufacturers Life Insurance Company , Victory Capital Management Inc., BlackRock Inc., FIL Ltd, Epoch Investment Partners Inc., Russell Investments Group Ltd., Calamos Advisors LLC, and Royce & Associates LP.
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 $74.54.

Malibu Boats has a market capitalization of $1.55 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]