Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Malibu Boats Inc Market Cap
The Malibu Boats Inc (MBUU) share price is expected to increase by 6.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered MBUU. Price targets range from $42 at the low end to $52 at the high end. The current analyst consensus for MBUU is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
MBUU is a stock in Consumer Cyclical which has been forecasted to be worth $47.25 as an average. On the higher end, the forecast price is $52 USD by from B. Riley Securities and on the lower end MBUU is forecasted to be $42 by from B. Riley Securities.
These are the latest 20 analyst ratings of MBUU.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Craig Kennison Baird | Outperform | $50 | Maintains | Nov 1, 2024 |
| Michael Albanese Benchmark | Buy | $44 | Reiterates | Nov 1, 2024 |
| Noah Zatzkin Keybanc | Overweight | $50 | Maintains | Nov 1, 2024 |
| Michael Swartz Truist Securities | Hold | $42 | Maintains | Nov 1, 2024 |
| Brandon Rolle DA Davidson | Neutral | $45 | Downgrade | Nov 1, 2024 |
| Brandon Rolle DA Davidson | Buy | $45 | Maintains | Sep 10, 2024 |
| Brandon Rolle DA Davidson | Buy | $45 | Upgrade | Jul 24, 2024 |
| Eric Wold B. Riley Securities | Neutral | $35 | Maintains | Jul 10, 2024 |
| Michael Swartz Truist Securities | Hold | $32 | Downgrade | Jul 8, 2024 |
| Michael Albanese Benchmark | Buy | $44 | Initiates | May 22, 2024 |
| Michael Swartz Truist Securities | Buy | $42 | Maintains | May 3, 2024 |
| Noah Zatzkin Keybanc | Overweight | $38 | Maintains | May 3, 2024 |
| Craig Kennison Baird | Outperform | $40 | Maintains | May 3, 2024 |
| Eric Wold B. Riley Securities | Neutral | $39 | Maintains | Apr 16, 2024 |
| Joseph Altobello Raymond James | Market Perform | Downgrade | Apr 15, 2024 | |
| Michael Swartz Truist Securities | Buy | $52 | Maintains | Jan 31, 2024 |
| Noah Zatzkin Keybanc | Overweight | $50 | Maintains | Jan 31, 2024 |
| Joseph Altobello Raymond James | Outperform | $46 | Maintains | Jan 31, 2024 |
| Eric Wold B. Riley Securities | Neutral | $45 | Maintains | Jan 31, 2024 |
| Craig Kennison Baird | Outperform | $54 | Reiterates | Jan 19, 2024 |
When did it IPO
2014
Staff Count
2,250
Country
United States
Sector/Industry
Consumer Cyclical/Recreational Vehicles
CEO
Mr. Steven D. Menneto
Market Cap
$873.0M
In 2023, MBUU generated $1.39B in revenue, which was a increase of 14.28% from the previous year. This can be seen as a signal that MBUU's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Bragar Eagel & Squire is investigating potential claims against Malibu Boats (NASDAQ: MBUU) due to a class action filed regarding fiduciary duties from November 2022 to April 2024.
Why It Matters - Legal troubles for Malibu Boats could lead to financial losses, regulatory scrutiny, or management changes, impacting stock performance and investor confidence.
Fri, 29 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Malibu Boats, Inc. (Nasdaq: MBUU) announced President Ritchie Anderson will retire on February 7, 2025. CEO Steve Menneto will take over as President, with Donna Tallent leading operations.
Why It Matters - Leadership changes can impact a company's strategy and performance. Anderson's retirement and Menneto's promotion may signal shifts in direction, affecting investor confidence and stock performance.
Fri, 22 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Malibu Boats (MBUU) has surpassed resistance at the 50-day moving average, indicating a potential short-term bullish trend after hitting a key support level.
Why It Matters - Malibu Boats (MBUU) showing bullish momentum after surpassing resistance indicates potential price appreciation, attracting investors looking for short-term gains.
Mon, 18 Nov 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Malibu Boats reported weak Q1 financials, reflecting ongoing industry struggles. Dealers' improving inventories indicate potential stabilization. A lawsuit with Tommys Boats was settled for $3.5 million.
Why It Matters - Malibu Boats' weak Q1 financials indicate industry challenges, but improved dealer inventory hints at potential stabilization. The settled lawsuit reduces legal uncertainties, impacting future stability.
Mon, 04 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - The Federal Reserve's interest rate cut and rising fitness product sales are boosting the Leisure & Recreation Products industry, benefiting stocks such as PTON, MBUU, and AOUT.
Why It Matters - The Fed's interest rate cut boosts consumer spending, benefiting the Leisure & Recreation Products sector, making stocks like PTON, MBUU, and AOUT attractive for potential gains.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Malibu Boats, Inc. will hold its Q1 2025 earnings conference call on October 31, 2024, at 8:30 AM ET. Key executives will participate in the call along with analysts from various firms.
Why It Matters - Malibu Boats' Q1 earnings call will provide insights into financial performance and strategic direction, influencing stock valuations and investor sentiment.
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