NASDAQ:MBUU

Malibu Boats (MBUU) Stock Price, News & Analysis

$32.64
+0.85 (+2.67%)
(As of 05/3/2024 ET)
Today's Range
$32.13
$32.95
50-Day Range
$31.79
$43.94
52-Week Range
$31.47
$62.36
Volume
539,478 shs
Average Volume
379,978 shs
Market Capitalization
$666.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.00

Malibu Boats MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.7% Upside
$43.00 Price Target
Short Interest
Bearish
5.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Malibu Boats in the last 14 days
Based on 36 Articles This Week
Insider Trading
Acquiring Shares
$535,250 Bought Last Quarter
Proj. Earnings Growth
46.27%
From $2.55 to $3.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Consumer Discretionary Sector

673rd out of 1,620 stocks

Ship & Boat Building & Repairing Industry

25th out of 36 stocks

MBUU stock logo

About Malibu Boats Stock (NASDAQ:MBUU)

Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing; and general recreational boating and fishing. The company sells its products through independent dealers in North America, Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.

MBUU Stock Price History

MBUU Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Evaluating Malibu Boats: Insights From 4 Financial Analysts
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Q3 2024 Malibu Boats Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Today
5/04/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
9/03/2024

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
N/A
Current Symbol
NASDAQ:MBUU
Employees
3,095
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$53.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+50.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$104.51 million
Pretax Margin
7.29%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Cash Flow
$10.50 per share
Book Value
$29.89 per share

Miscellaneous

Free Float
20,100,000
Market Cap
$666.87 million
Optionable
Optionable
Beta
1.41
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MBUU Stock Analysis - Frequently Asked Questions

Should I buy or sell Malibu Boats stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MBUU shares.
View MBUU analyst ratings
or view top-rated stocks.

What is Malibu Boats' stock price target for 2024?

6 brokerages have issued twelve-month target prices for Malibu Boats' shares. Their MBUU share price targets range from $38.00 to $53.00. On average, they predict the company's stock price to reach $43.00 in the next year. This suggests a possible upside of 31.7% from the stock's current price.
View analysts price targets for MBUU
or view top-rated stocks among Wall Street analysts.

How have MBUU shares performed in 2024?

Malibu Boats' stock was trading at $54.82 at the start of the year. Since then, MBUU shares have decreased by 40.5% and is now trading at $32.64.
View the best growth stocks for 2024 here
.

When is Malibu Boats' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 3rd 2024.
View our MBUU earnings forecast
.

How were Malibu Boats' earnings last quarter?

Malibu Boats, Inc. (NASDAQ:MBUU) posted its quarterly earnings results on Tuesday, January, 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.10. The firm had revenue of $211.07 million for the quarter, compared to the consensus estimate of $219.64 million. Malibu Boats had a positive trailing twelve-month return on equity of 17.56% and a negative net margin of 5.19%. The business's quarterly revenue was down 37.7% on a year-over-year basis. During the same quarter last year, the business earned $1.78 EPS.

What guidance has Malibu Boats issued on next quarter's earnings?

Malibu Boats issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $819.1 million-$833.0 million, compared to the consensus revenue estimate of $892.5 million.

What is Jack Springer's approval rating as Malibu Boats' CEO?

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.

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 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).

Who are Malibu Boats' major shareholders?

Malibu Boats' stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.49%), Nordea Investment Management AB (0.48%), BNP Paribas Financial Markets (0.10%), Principal Financial Group Inc. (0.05%), First Hawaiian Bank (0.03%) and Meritage Portfolio Management (0.03%). Insiders that own company stock include David Scott Black, Jackie D Jr Springer, Michael K Hooks, Peter E Murphy and Ritchie L Anderson.
View institutional ownership trends
.

How do I buy shares of Malibu Boats?

Shares of MBUU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MBUU) was last updated on 5/4/2024 by MarketBeat.com Staff

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