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NASDAQ:MBUUMalibu Boats Stock Price, Forecast & News

$53.63
-0.49 (-0.91 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$52.63
Now: $53.63
$56.93
50-Day Range
$24.78
MA: $38.50
$54.12
52-Week Range
$18.02
Now: $53.63
$56.93
Volume248,461 shs
Average Volume307,952 shs
Market Capitalization$1.10 billion
P/E Ratio14.98
Dividend YieldN/A
Beta2.12
Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. Its boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating. The company also offers various accessories and aftermarket parts. It operates through a network of independent dealers in North America, South America, Europe, Asia, Australia, and New Zealand markets. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars


Industry, Sector and Symbol

Industry Ship & boat building & repairing
Sub-IndustryN/A
Current SymbolNASDAQ:MBUU
CUSIPN/A
Phone865-458-5478

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$684.02 million
Cash Flow$4.59 per share
Book Value$10.10 per share

Profitability

Net Income$66.07 million

Miscellaneous

Employees1,835
Market Cap$1.10 billion
Next Earnings Date9/3/2020 (Estimated)
OptionableOptionable

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Malibu Boats (NASDAQ:MBUU) Frequently Asked Questions

How has Malibu Boats' stock been impacted by COVID-19 (Coronavirus)?

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 78.4% and is now trading at $53.63. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Malibu Boats?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Malibu Boats.

When is Malibu Boats' next earnings date?

Malibu Boats is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Malibu Boats.

How were Malibu Boats' earnings last quarter?

Malibu Boats Inc (NASDAQ:MBUU) announced its quarterly earnings results on Thursday, May, 7th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.15. The business earned $182.31 million during the quarter, compared to analysts' expectations of $185.10 million. Malibu Boats had a net margin of 10.25% and a return on equity of 36.85%. The company's quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.15 earnings per share. View Malibu Boats' earnings history.

What price target have analysts set for MBUU?

7 equities research analysts have issued 1 year target prices for Malibu Boats' shares. Their forecasts range from $38.00 to $53.00. On average, they expect Malibu Boats' share price to reach $45.14 in the next year. This suggests that the stock has a possible downside of 15.8%. View analysts' price targets for Malibu Boats.

Has Malibu Boats been receiving favorable news coverage?

News headlines about MBUU stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Malibu Boats earned a news impact score of 1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutMalibu Boats.

Are investors shorting Malibu Boats?

Malibu Boats saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,070,000 shares, a decline of 18.9% from the April 15th total of 1,320,000 shares. Based on an average daily volume of 269,600 shares, the days-to-cover ratio is presently 4.0 days. Approximately 5.3% of the company's stock are sold short. View Malibu Boats' Current Options Chain.

Who are some of Malibu Boats' key competitors?

What other stocks do shareholders of Malibu Boats own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Malibu Boats investors own include Intel (INTC), Advanced Micro Devices (AMD), Baidu (BIDU), AbbVie (ABBV), General Motors (GM), Mastercraft Boat (MCFT), NVIDIA (NVDA), Verizon Communications (VZ), Exxon Mobil (XOM) and Alphabet (GOOG).

Who are Malibu Boats' key executives?

Malibu Boats' management team includes the following people:
  • Mr. Jack D. Springer, CEO & Director (Age 58)
  • Mr. Wayne R. Wilson, CFO & Sec. (Age 39)
  • Mr. Ritchie L. Anderson, Chief Operating Officer (Age 54)
  • Mr. Greg Ward, VP of Information Systems and Technology
  • Mr. Zac Lemons, Investor Relations officer

What is Malibu Boats' stock symbol?

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

Who are Malibu Boats' major shareholders?

Malibu Boats' stock is owned by many different institutional and retail investors. Top institutional investors include Lord Abbett & CO. LLC (9.96%), BlackRock Inc. (8.36%), Waddell & Reed Financial Inc. (4.09%), Neumeier Poma Investment Counsel LLC (3.08%), TimesSquare Capital Management LLC (3.06%) and FDx Advisors Inc. (3.06%). Company insiders that own Malibu Boats stock include Clair William Paxson St Jr, Deborah S Kent, Jackie D Jr Springer, Mark W Lanigan, Peter E Murphy, Phillip S Estes, Ritchie L Anderson and Wayne R Wilson. View institutional ownership trends for Malibu Boats.

Which institutional investors are selling Malibu Boats stock?

MBUU stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Two Sigma Advisers LP, Wells Fargo & Company MN, Tygh Capital Management Inc., Schroder Investment Management Group, Nuveen Asset Management LLC, UBS Group AG, and Morgan Stanley. Company insiders that have sold Malibu Boats company stock in the last year include Mark W Lanigan, and Peter E Murphy. View insider buying and selling activity for Malibu Boats.

Which institutional investors are buying Malibu Boats stock?

MBUU stock was bought by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Lord Abbett & CO. LLC, Alliancebernstein L.P., Aperture Investors LLC, Wellington Management Group LLP, Waddell & Reed Financial Inc., and Federated Hermes Inc.. View insider buying and selling activity for Malibu Boats.

How do I buy shares of 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.

What is Malibu Boats' stock price today?

One share of MBUU stock can currently be purchased for approximately $53.63.

How big of a company is Malibu Boats?

Malibu Boats has a market capitalization of $1.10 billion and generates $684.02 million in revenue each year. The company earns $66.07 million in net income (profit) each year or $3.67 on an earnings per share basis. Malibu Boats employs 1,835 workers across the globe.

What is Malibu Boats' official website?

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

How can I contact Malibu Boats?

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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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