Malibu Boats - MBUU Stock Forecast, Price & News

6 Wall Street equities 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 equities research analysts is that investors should "buy" MBUU shares.
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6 brokers have issued 12 month price objectives for Malibu Boats' shares. Their MBUU share price forecasts range from $70.00 to $94.00. On average, they expect the company's share price to reach $81.29 in the next twelve months. This suggests a possible upside of 64.1% from the stock's current price.
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Malibu Boats' stock was trading at $68.73 at the beginning of 2022. Since then, MBUU stock has decreased by 27.9% and is now trading at $49.54.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Malibu Boats, Inc. (NASDAQ:MBUU) issued its quarterly earnings data on Thursday, August, 25th. The company reported $2.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.14. The company earned $353.20 million during the quarter, compared to analysts' expectations of $329.01 million. Malibu Boats had a net margin of 12.98% and a trailing twelve-month return on equity of 36.24%. Malibu Boats's revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.77 earnings per share.

8 employees have rated Malibu Boats Chief Executive Officer Jack Springer on Glassdoor.com. Jack Springer has an approval rating of 67% among the company's employees.

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 shareholders include Macquarie Group Ltd. (9.24%), Cooke & Bieler LP (3.06%), Lazard Asset Management LLC (3.06%), Loomis Sayles & Co. L P (2.88%), State Street Corp (1.98%) and Fort Washington Investment Advisors Inc. OH (1.98%). Insiders that own company stock include Jackie D Jr Springer, Jackie D Jr Springer, Mark W Lanigan, Peter E Murphy, Ritchie L Anderson, Ritchie L Anderson and Wayne R Wilson.
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Shares of MBUU stock 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 $49.54.

Malibu Boats (NASDAQ:MBUU) has a market capitalization of $1.01 billion and generates $1.21 billion in revenue each year. The company earns $157.63 million in net income (profit) each year or $7.51 on an earnings per share basis.

The company employs 3,015 workers across the globe.

Malibu Boats' mailing address is 5075 KIMBERLY WAY, LOUDON TN, 37774. The official website for the company 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.