Should I buy or sell Malibu Boats stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year price targets for Malibu Boats' shares. Their MBUU share price targets range from $39.00 to $54.00. On average, they anticipate the company's share price to reach $49.00 in the next year. This suggests a possible upside of 43.4% 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 stock has decreased by 37.7% and is now trading at $34.16. 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) released its quarterly earnings results on Tuesday, January, 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.10. The company 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 revenue for the quarter was down 37.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 earnings per share.

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 retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.49%) and First Hawaiian Bank (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 .

NASDAQ:MBUU

Malibu Boats (MBUU) Stock Price, News & Analysis

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$34.16

+0.20 (+0.59%)

(As of 04/18/2024 ET)

Compare

Today's Range: $33.82
▼
$34.66
50-Day Range: $33.96
▼
$49.76
52-Week Range: $33.78
▼
$62.36

Volume: 451,277 shs
Average Volume: 256,374 shs
Market Capitalization: $697.89 million

P/E Ratio: 10.95
Dividend Yield: N/A
Price Target: $49.00

Get Malibu Boats alerts:

Malibu Boats MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 43.4% Upside
$49.00 Price Target
Short Interest: Bearish
5.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.45
Based on 15 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.

3.86 out of 5 stars

Consumer Discretionary Sector

82nd out of 250 stocks

Ship & Boat Building & Repairing Industry

3rd out of 6 stocks

4.3

Analyst's Opinion

Consensus Rating
Malibu Boats has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Malibu Boats has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
5.62% of the float of Malibu Boats has been sold short.
Short Interest Ratio / Days to Cover
Malibu Boats has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Malibu Boats has recently increased by 2.78%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Malibu Boats does not currently pay a dividend.
Dividend Growth
Malibu Boats does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MBUU.

1.4

News and Social Media Coverage

News Sentiment
Malibu Boats has a news sentiment score of -0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for Malibu Boats this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for MBUU on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
3 people have added Malibu Boats to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Malibu Boats insiders have bought more of their company's stock than they have sold. Specifically, they have bought $535,250.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.62% of the stock of Malibu Boats is held by insiders.
Percentage Held by Institutions
91.35% of the stock of Malibu Boats is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Malibu Boats are expected to grow by 46.27% in the coming year, from $2.55 to $3.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Malibu Boats is 10.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Malibu Boats is 10.95, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.55.
Price to Book Value per Share Ratio
Malibu Boats has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

MBUU Stock News Headlines

April 18, 2024 | globenewswire.com

Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Third Quarter Fiscal 2024 Financial Results

April 17, 2024 | americanbankingnews.com

Malibu Boats (NASDAQ:MBUU) Reaches New 52-Week Low at $36.39

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April 17, 2024 | americanbankingnews.com

Malibu Boats (NASDAQ:MBUU) Price Target Lowered to $39.00 at B. Riley

April 16, 2024 | tmcnet.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Malibu Boats, Inc. (MBUU) on Behalf of Investors

April 16, 2024 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Malibu Boats, Inc. (MBUU) on Behalf of Investors

April 16, 2024 | americanbankingnews.com

Malibu Boats (NASDAQ:MBUU) Lowered to "Market Perform" at Raymond James

April 15, 2024 | businesswire.com

The Law Offices of Frank R. Cruz Announces Investigation of Malibu Boats, Inc. (MBUU) on Behalf of Investors

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April 15, 2024 | msn.com

Rough waters ahead for Malibu Boats as dealer lawsuit weighs - analyst

April 14, 2024 | americanbankingnews.com

Malibu Boats (NASDAQ:MBUU) Stock Price Down 6.2%

April 12, 2024 | markets.businessinsider.com

Tommy's Boats Statement on Lawsuit with Malibu

April 11, 2024 | globenewswire.com

Malibu Boats Comments on Litigation Filed by Former Dealer

April 10, 2024 | finance.yahoo.com

The past three years for Malibu Boats (NASDAQ:MBUU) investors has not been profitable

April 5, 2024 | barrons.com

Malibu Boats Inc. Cl A

March 29, 2024 | msn.com

PCH closed for fatal crash investigation in Malibu area

March 16, 2024 | finance.yahoo.com

MBUU Apr 2024 35.000 put

February 27, 2024 | globenewswire.com

Malibu Boats, Inc. to Participate at the Raymond James 2024 Institutional Investors Conference

February 25, 2024 | finance.yahoo.com

What Does Malibu Boats, Inc.'s (NASDAQ:MBUU) Share Price Indicate?

February 23, 2024 | benzinga.com

Malibu Boats Stock (NASDAQ:MBUU), Analyst Ratings, Price Targets, Predictions

February 20, 2024 | marketwatch.com

Malibu Boats Stock Slips 11% After Plans for CEO Departure

February 20, 2024 | msn.com

Jack Springer to depart as CEO of Malibu Boats in May

February 20, 2024 | seekingalpha.com

Malibu Boats: Stay The Course And Relish The Results

February 20, 2024 | globenewswire.com

Malibu Boats, Inc. Announces Leadership Changes

February 4, 2024 | finance.yahoo.com

Analysts Just Shaved Their Malibu Boats, Inc. (NASDAQ:MBUU) Forecasts Dramatically

February 1, 2024 | finance.yahoo.com

Malibu Boats, Inc. Just Beat EPS By 24%: Here's What Analysts Think Will Happen Next

February 1, 2024 | finance.yahoo.com

Malibu Boats, Inc. (NASDAQ:MBUU) Q2 2024 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 1/30/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Ship & boat building & repairing
Sub-Industry: N/A
Current Symbol: NASDAQ:MBUU
CUSIP: N/A
CIK: 1590976
Web: www.malibuboats.com
Phone: (865) 458-5478
Fax: 865-458-9052
Employees: 3,095
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $49.00
High Stock Price Target: $54.00
Low Stock Price Target: $39.00
Potential Upside/Downside: +43.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.12
Trailing P/E Ratio: 10.97
Forward P/E Ratio: 13.42
P/E Growth: N/A
Net Income: $104.51 million
Net Margins: 5.32%
Pretax Margin: 7.29%
Return on Equity: 24.23%
Return on Assets: 16.81%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.82
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 0.50
Cash Flow: $10.43 per share
Price / Cash Flow: 3.28
Book Value: $29.89 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 20,430,000
Free Float: 20,100,000
Market Cap: $699.11 million
Optionable: Optionable
Beta: 1.37

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Key Executives

Mr. Michael K. Hooks (Age 61)
Executive Chairman
Comp: $107k
Mr. Jack D. Springer (Age 63)
CEO & Director
Comp: $1.37M
Mr. 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. Matthew M. Googe
General Counsel
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MBUU Stock Analysis - Frequently Asked Questions

Should I buy or sell Malibu Boats stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year price targets for Malibu Boats' shares. Their MBUU share price targets range from $39.00 to $54.00. On average, they anticipate the company's share price to reach $49.00 in the next year. This suggests a possible upside of 43.4% 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 stock has decreased by 37.7% and is now trading at $34.16.
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) released its quarterly earnings results on Tuesday, January, 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.10. The company 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 revenue for the quarter was down 37.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 earnings per share.

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 retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.49%) and First Hawaiian Bank (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 4/19/2024 by MarketBeat.com Staff

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Malibu Boats (MBUU) Stock Price, News & Analysis

Malibu Boats MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Malibu Boats Stock (NASDAQ:MBUU)

MBUU Stock Price History

MBUU Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MBUU Stock Analysis - Frequently Asked Questions

Overall MarketRank^™