Malibu Boats, Inc. (NASDAQ:MBUU – Get Free Report) has been given a consensus rating of “Hold” by the seven ratings firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $42.83.
MBUU has been the subject of several recent analyst reports. Truist Financial raised their target price on Malibu Boats from $34.00 to $38.00 and gave the stock a “hold” rating in a research note on Friday, January 31st. KeyCorp reduced their price objective on shares of Malibu Boats from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Benchmark reaffirmed a “buy” rating and set a $44.00 target price on shares of Malibu Boats in a research note on Tuesday, February 4th. B. Riley raised shares of Malibu Boats to a “hold” rating in a research note on Wednesday, February 12th. Finally, StockNews.com raised shares of Malibu Boats from a “sell” rating to a “hold” rating in a research report on Tuesday, March 11th.
View Our Latest Stock Analysis on Malibu Boats
Institutional Trading of Malibu Boats
Malibu Boats Trading Up 2.0 %
Shares of MBUU stock opened at $31.32 on Monday. Malibu Boats has a twelve month low of $29.69 and a twelve month high of $47.82. The stock has a market cap of $614.97 million, a price-to-earnings ratio of -7.20 and a beta of 1.42. The company’s 50-day moving average price is $35.39 and its 200-day moving average price is $38.57. The company has a current ratio of 1.52, a quick ratio of 0.45 and a debt-to-equity ratio of 0.04.
Malibu Boats (NASDAQ:MBUU – Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). Malibu Boats had a negative net margin of 12.09% and a positive return on equity of 1.04%. As a group, equities analysts predict that Malibu Boats will post 1.69 earnings per share for the current year.
Malibu Boats Company Profile
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.
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