Malibu Boats, Inc. (MBUU)

NASDAQ: MBUU · IEX Real-Time Price · USD
39.21
-0.13 (-0.33%)
At close: Mar 18, 2024, 4:00 PM
38.15
-1.06 (-2.70%)
After-hours: Mar 18, 2024, 4:05 PM EDT
-0.33%
Market Cap 803.75M
Revenue (ttm) 1.21B
Net Income (ttm) 64.61M
Shares Out 20.43M
EPS (ttm) 3.12
PE Ratio 12.57
Forward PE 13.17
Dividend n/a
Ex-Dividend Date n/a
Volume 199,896
Open 39.17
Previous Close 39.34
Day's Range 38.74 - 39.72
52-Week Range 37.70 - 62.36
Beta 1.37
Analysts Buy
Price Target 50.00 (+27.52%)
Earnings Date May 1, 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 $50.0, which is an increase of 27.52% from the latest price.

Price Target
$50.0
(27.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

20 days 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

27 days 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.

6 weeks 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.

6 weeks 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...

2 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.

2 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.

2 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.

4 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.

4 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.

4 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...

5 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...

6 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...

6 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.

7 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Fourth Quarter and Full-Year Fiscal 2023 Financial Results

LOUDON, Tenn., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its fourth quarter and full-year fiscal 2023 financial results on Tuesday, Augus...

7 months ago - GlobeNewsWire

Introducing the 2024 Malibu Boats™ Wakesetter 23 MXZ

LOUDON, Tenn., July 21, 2023 (GLOBE NEWSWIRE) -- For 2024, Malibu Boats, Inc.™, the global leader in watersports towboat sales, is announcing the release of its all-new Malibu Wakesetter 23 MXZ. When ...

8 months ago - GlobeNewsWire

Introducing the 2024 Malibu Boats™ Wakesetter 23 LSV

LOUDON, Tenn., July 21, 2023 (GLOBE NEWSWIRE) -- To celebrate 23 years of the 23 LSV being the world's best-selling towboat, Malibu Boats, Inc.™ is announcing the release of its all-new Malibu Wakeset...

8 months ago - GlobeNewsWire

Malibu Boats: A Niche Market Leader

I never thought I would be highlighting a boating company, but Malibu Boats Inc. ( MBUU , Financial) is different.

10 months ago - GuruFocus

Malibu Boats, Inc. to Participate at the Baird 2023 Global Consumer Technology & Services Conference

LOUDON, Tenn., May 30, 2023 (GLOBE NEWSWIRE) --  Malibu Boats, Inc. (Nasdaq: MBUU) announced today that Jack Springer, Malibu's Chief Executive Officer, and David Black, Interim Chief Financial Office...

10 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces Third Quarter Fiscal 2023 Results

LONDON, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2023.

11 months ago - GlobeNewsWire

Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Third Quarter Fiscal 2023 Financial Results

LOUDON, Tenn., April 20, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its third quarter fiscal 2023 financial results on Wednesday, May 3, 2023, befo...

11 months ago - GlobeNewsWire

4 Undervalued Small-Cap Stocks to Buy | February 13, 2023

#Morningstar #StockMarket #Investing Plus what might rattle markets this week, and our take on interest rates. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U.S. markets stra...

Other symbols: GHINGRMAC
1 year ago - Morningstar

Malibu Boats, Inc. Announces Record Second Quarter Fiscal 2023 Results

LOUDON, Tenn., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the second quarter ended December 31, 2022.

1 year ago - GlobeNewsWire

Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Second Quarter Fiscal 2023 Financial Results

LOUDON, Tenn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its second quarter fiscal 2023 financial results on Tuesday, February 7, 2023, b...

1 year ago - GlobeNewsWire

Malibu Boats, Inc. Announces Record First Quarter Fiscal 2023 Results

LOUDON, Tenn., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2022.

1 year ago - GlobeNewsWire