Malibu Boats, Inc. (MBUU)

NASDAQ: MBUU · IEX Real-Time Price · USD
34.48
+0.32 (0.94%)
At close: Apr 19, 2024, 4:00 PM
34.00
-0.48 (-1.39%)
After-hours: Apr 19, 2024, 4:05 PM EDT
0.94%
Market Cap 704.45M
Revenue (ttm) 1.21B
Net Income (ttm) 64.61M
Shares Out 20.43M
EPS (ttm) 3.12
PE Ratio 11.05
Forward PE 11.58
Dividend n/a
Ex-Dividend Date n/a
Volume 532,607
Open 34.02
Previous Close 34.16
Day's Range 33.85 - 35.29
52-Week Range 33.79 - 62.36
Beta 1.37
Analysts Buy
Price Target 49.60 (+43.85%)
Earnings Date May 2, 2024

About 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 c... [Read more]

IPO Date Jan 31, 2014
Employees 3,095
Stock Exchange NASDAQ
Ticker Symbol MBUU
Full Company Profile

Financial Performance

In 2023, Malibu Boats's revenue was $1.39 billion, an increase of 14.28% compared to the previous year's $1.21 billion. Earnings were $104.51 million, a decrease of -33.70%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for MBUU stock is "Buy." The 12-month stock price forecast is $49.6, which is an increase of 43.85% from the latest price.

Price Target
$49.6
(43.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ATTENTION Malibu Boats, Inc. Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Malibu Boats, Inc. ("Malibu Boats, Inc.") (NASDAQ:MBUU) concerning possible v...

1 day ago - Accesswire

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

LOUDON, Tenn., April 18, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its third quarter fiscal 2024 financial results on Thursday, May 2, 2024, befor...

1 day ago - GlobeNewsWire

Did Malibu Boats, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate– MBUU

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Malibu Boats, Inc. ("Malibu Boats, Inc.") (NASDAQ:MBUU) concerning possible v...

2 days ago - Accesswire

Investors who lost money on Malibu Boats, Inc. should contact Levi & Korsinsky about an ongoing investigation - MBUU

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Malibu Boats, Inc. ("Malibu Boats, Inc.") (NASDAQ:MBUU) concerning possible v...

2 days ago - Accesswire

MBUU ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Malibu Boats, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Malibu Boats, Inc. ("Malibu Boats, Inc.") (NASDAQ:MBUU) concerning possible v...

2 days ago - Accesswire

Lost Money on Malibu Boats, Inc.(MBUU)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Malibu Boats, Inc. ("Malibu Boats, Inc.") (NASDAQ:MBUU) concerning possible v...

2 days ago - Accesswire

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

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Malibu Boats, Inc...

3 days ago - Business Wire

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

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Malibu Boats, Inc. (“Malibu” or the “Company”) (NASDAQ: MBUU) investors concerning the Company's ...

3 days ago - Business Wire

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

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Malibu Boats, Inc. (“Malibu” or the “Company”) (NASDAQ: MBUU) on behalf of investors concerning the Company...

4 days ago - Business Wire

Lawsuit against Malibu Boats could put $110 million worth of boats in limbo, analyst says in downgrade

Shares of Malibu Boats Inc. fell on Monday after getting hit with a downgrade from analysts at Raymond James, who said a lawsuit against the recreational-boat maker from one of its biggest dealerships...

4 days ago - Market Watch

Malibu Boats Comments on Litigation Filed by Former Dealer

Any and All Boats That Malibu Sold to Tommy's Boats Were Ordered by Tommy's Malibu Intends to Vigorously Defend Itself While Minimizing Any Short-Term Impact on Existing Dealer Partners and Customers ...

8 days ago - GlobeNewsWire

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

LOUDON, Tenn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that Jack Springer, Malibu's Chief Executive Officer, will participate in a fireside chat at the Raym...

7 weeks ago - GlobeNewsWire

Malibu Boats, Inc. Announces Leadership Changes

Jack Springer will depart as Chief Executive Officer in May 2024; Ritchie Anderson appointed to President; Michael Hooks appointed to Executive Chair

2 months ago - GlobeNewsWire

Malibu Boats' stock takes on water as luxury yacht sales flounder

Malibu Boats Inc.'s stock fell in pre-market trading after the yacht maker reported a 72% drop in its second-quarter profit as high interest rates bit into its business.

2 months ago - Market Watch

Malibu Boats, Inc. Announces Second Quarter Fiscal 2024 Results

LOUDON, Tenn., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the second quarter ended December 31, 2023.

2 months ago - GlobeNewsWire

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

LOUDON, Tenn., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its second quarter fiscal 2024 financial results on Tuesday, January 30, 2024, b...

3 months ago - GlobeNewsWire

Announcing The All-New 2024 Axis T220-r

LOUDON, Tenn., Jan. 04, 2024 (GLOBE NEWSWIRE) -- For 2024, Axis Wake™ introduces the all-new T220-r.

3 months ago - GlobeNewsWire

Introducing the All-New 2024 Malibu 21 LX-r

Built out of customer demand, the 21 LX-r was built for crews who are new to boating, new to wake sports, or just want the best-selling wakeboat brand.

3 months ago - GlobeNewsWire

Introducing the All-New 2024 Malibu M242

LOUDON, Tenn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- For 2024, Malibu Boats™, the global leader in watersports towboat sales, is announcing the release of its all-new flagship model, the Malibu M242.

5 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces Appointment of Bruce Beckman to Chief Financial Officer

LOUDON, Tenn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today the appointment of Bruce Beckman as Chief Financial Officer, effective November 27, 2023.

5 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces First Quarter Fiscal 2024 Results

LOUDON, Tenn., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2023.

6 months ago - GlobeNewsWire

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

LOUDON, Tenn., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its first quarter fiscal 2024 financial results on Tuesday, October 31, 2023, be...

6 months ago - GlobeNewsWire

Malibu Boats, Inc. to Participate at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference

LOUDON, Tenn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that Jack Springer, Malibu's Chief Executive Officer, and David Black, Interim Chief Financial Offic...

7 months ago - GlobeNewsWire

Introducing the All-New 2024 Axis A245

LOUDON, Tenn., Sept. 15, 2023 (GLOBE NEWSWIRE) -- For 2024, Axis Wake™ introduces the all-new A245. Completely redesigned from the hull up and sitting at 24.5 feet long, this is the most aggressive Ax...

7 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces Fourth Quarter Fiscal 2023 Results

LOUDON, Tenn., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2023.

8 months ago - GlobeNewsWire