S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent

Malibu Boats (MBUU) Stock Price, News & Analysis

$43.28
+1.23 (+2.93%)
(As of 03/28/2024 ET)
Today's Range
$42.14
$43.46
50-Day Range
$38.24
$53.35
52-Week Range
$37.70
$62.36
Volume
219,783 shs
Average Volume
197,326 shs
Market Capitalization
$884.21 million
P/E Ratio
13.87
Dividend Yield
N/A
Price Target
$50.00

Malibu Boats MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.5% Upside
$50.00 Price Target
Short Interest
Bearish
5.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.83mentions of Malibu Boats in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$535,250 Bought Last Quarter
Proj. Earnings Growth
49.81%
From $2.57 to $3.85 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.

3.89 out of 5 stars

Consumer Discretionary Sector

87th out of 267 stocks

Ship & Boat Building & Repairing Industry

2nd out of 6 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

MBUU Apr 2024 35.000 put
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Malibu Boats: Stay The Course And Relish The Results
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Malibu Boats, Inc. Announces Leadership Changes
Cracking The Code: Understanding Analyst Reviews For Malibu Boats
Malibu Boats Analysts Cut Their Forecasts After Q2 Results
Q2 2024 Malibu Boats Inc Earnings Call
Why Malibu Boats (MBUU) Shares Are Falling Today
Why Malibu Boats Stock Was Sinking Today
See More Headlines
Receive MBUU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Malibu Boats and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/30/2024
Today
3/28/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
6/30/2024

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
$50.00
High Stock Price Target
$54.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$104.51 million
Pretax Margin
7.29%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$11.39 per share
Book Value
$29.89 per share

Miscellaneous

Free Float
20,100,000
Market Cap
$884.21 million
Optionable
Optionable
Beta
1.37
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Michael K. Hooks (Age 61)
    Executive Chairman
    Comp: $107k
  • Mr. Jack D. SpringerMr. Jack D. Springer (Age 63)
    CEO & Director
    Comp: $1.37M
  • Mr. Ritchie L. AndersonMr. Ritchie L. Anderson (Age 59)
    President
    Comp: $752.23k
  • Mr. David S. Black (Age 40)
    Vice President of Finance
    Comp: $319.04k
  • Mr. Bruce W. Beckman (Age 56)
    Chief Financial Officer
  • Mr. Keith P. Aulson
    Chief Information Officer
  • Mr. Dave M. Cluka
    Vice President of Sales
  • Ms. Deborah S. Kent (Age 60)
    Chief Human Resources Officer
    Comp: $160.99k
  • Mr. M. Jason Turner
    President of Cobalt Boats
  • Mr. Christopher M. Gratz
    Senior Vice President of Operations & Engineering of Pursuit Boats

MBUU Stock Analysis - Frequently Asked Questions

Should I buy or sell Malibu Boats stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 12-month target prices for Malibu Boats' stock. Their MBUU share price targets range from $45.00 to $54.00. On average, they predict the company's share price to reach $50.00 in the next year. This suggests a possible upside of 15.5% 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 on January 1st, 2024. Since then, MBUU shares have decreased by 21.1% and is now trading at $43.28.
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 Wednesday, May 1st 2024.
View our MBUU earnings forecast
.

How were Malibu Boats' earnings last quarter?

Malibu Boats, Inc. (NASDAQ:MBUU) posted its quarterly earnings data on Tuesday, January, 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.10. The firm earned $211.07 million during the quarter, compared to the consensus estimate of $219.64 million. Malibu Boats had a net margin of 5.32% and a trailing twelve-month return on equity of 24.23%. The company's quarterly revenue was down 37.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 EPS.

What ETF holds Malibu Boats' stock?

Euclidean Fundamental Value ETF holds 40,022 shares of MBUU stock, representing 1.43% of its portfolio.

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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.10%), Vanguard Group Inc. (6.10%), Dimensional Fund Advisors LP (4.89%), Cooke & Bieler LP (4.51%), Southernsun Asset Management LLC (2.21%) and The Manufacturers Life Insurance Company (2.13%). 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 3/29/2024 by MarketBeat.com Staff

From Our Partners