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NASDAQ:MBUU

Malibu Boats (MBUU) Stock Price, News & Analysis

$36.20
+0.43 (+1.20%)
(As of 09/6/2024 ET)
Today's Range
$35.29
$36.31
50-Day Range
$30.52
$39.16
52-Week Range
$30.20
$56.03
Volume
266,694 shs
Average Volume
264,090 shs
Market Capitalization
$739.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$40.00

Malibu Boats MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
10.5% Upside
$40.00 Price Target
Short Interest
Bearish
6.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Malibu Boats in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.79%
From $2.94 to $3.61 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.

1.04 out of 5 stars

Consumer Discretionary Sector

230th out of 269 stocks

Ship & Boat Building & Repairing Industry

5th 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

New Launch: The all-new 2025 Malibu M230
New Launch: The all-new 2025 Malibu M230
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Malibu Boats (NASDAQ:MBUU) Trading 4.9% Higher
Malibu Boats (NASDAQ:MBUU) Cut to "Sell" at StockNews.com
Malibu Boats (NASDAQ:MBUU) Shares Gap Down to $34.84
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Malibu: Hidden Value With Catalysts
Malibu Boats Earnings: What To Look For From MBUU
Malibu Boats Q4 Loss Widens On Lower Sales; Stock Down In Pre-market
See More Headlines
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Company Calendar

Last Earnings
8/29/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
6/30/2025

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
$40.00
High Stock Price Target
$46.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+10.5%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$104.51 million
Pretax Margin
-5.40%

Debt

Sales & Book Value

Annual Sales
$829.04 million
Cash Flow
$10.58 per share
Book Value
$29.89 per share

Miscellaneous

Free Float
20,109,000
Market Cap
$739.93 million
Optionable
Optionable
Beta
1.40
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Key Executives

  • Mr. Michael K. Hooks (Age 61)
    Executive Chairman
    Comp: $107k
  • 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. Steven D. Menneto (Age 58)
    CEO & Director
  • 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

MBUU Stock Analysis - Frequently Asked Questions

How have MBUU shares performed this year?

Malibu Boats' stock was trading at $54.82 at the beginning of the year. Since then, MBUU stock has decreased by 34.0% and is now trading at $36.20.
View the best growth stocks for 2024 here
.

How were Malibu Boats' earnings last quarter?

Malibu Boats, Inc. (NASDAQ:MBUU) released its earnings results on Thursday, August, 29th. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.32) by $0.07. The business's revenue was down 57.4% on a year-over-year basis.

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.

Who are Malibu Boats' major shareholders?

Malibu Boats' top institutional investors include Pzena Investment Management LLC (7.23%), Cooke & Bieler LP (6.61%), Dimensional Fund Advisors LP (5.54%) and The Manufacturers Life Insurance Company (4.13%). Insiders that own company stock include Mark W Lanigan, Ritchie L Anderson, Peter E Murphy, Michael K Hooks, David Scott Black and Jackie D Jr Springer.
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.

What other stocks do shareholders of Malibu Boats own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Malibu Boats investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Intel (INTC), NVIDIA (NVDA), MasterCraft Boat (MCFT), United Parcel Service (UPS) and Applied Materials (AMAT).

This page (NASDAQ:MBUU) was last updated on 9/7/2024 by MarketBeat.com Staff

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