Malibu Boats (NASDAQ:MBUU) Rating Lowered to Sell at Wall Street Zen

by · The Cerbat Gem

Malibu Boats (NASDAQ:MBUU – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Other equities research analysts have also recently issued reports about the company. Zacks Research upgraded Malibu Boats from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. B. Riley Financial dropped their price objective on Malibu Boats from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. Truist Financial upped their target price on Malibu Boats from $30.00 to $37.00 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings restated a “sell (d)” rating on shares of Malibu Boats in a research report on Monday, December 29th. Finally, Loop Capital assumed coverage on Malibu Boats in a research note on Monday, December 22nd. They issued a “buy” rating and a $34.00 price target for the company. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.80.

Get Our Latest Report on MBUU

Malibu Boats Trading Up 1.7%

MBUU stock opened at $31.24 on Friday. Malibu Boats has a 52 week low of $24.07 and a 52 week high of $39.65. The company has a market capitalization of $581.06 million, a PE ratio of 42.79 and a beta of 1.22. The company’s 50-day simple moving average is $30.74 and its 200 day simple moving average is $31.38. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.49 and a current ratio of 1.56.

Malibu Boats (NASDAQ:MBUU – Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Malibu Boats had a net margin of 1.76% and a return on equity of 4.25%. The firm had revenue of $188.62 million during the quarter, compared to the consensus estimate of $181.96 million. During the same quarter in the previous year, the firm posted $0.31 EPS. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Malibu Boats will post 1.69 earnings per share for the current year.

Malibu Boats announced that its Board of Directors has initiated a stock repurchase plan on Friday, December 19th that authorizes the company to buyback $70.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 12.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Trading of Malibu Boats

Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of Malibu Boats by 31.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,312 shares of the company’s stock valued at $43,000 after acquiring an additional 313 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Malibu Boats by 43.3% during the second quarter. BNP Paribas Financial Markets now owns 2,128 shares of the company’s stock valued at $67,000 after purchasing an additional 643 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Malibu Boats by 346.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,321 shares of the company’s stock worth $73,000 after purchasing an additional 1,801 shares during the last quarter. Strs Ohio acquired a new position in shares of Malibu Boats in the first quarter valued at approximately $123,000. Finally, Central Pacific Bank Trust Division increased its stake in shares of Malibu Boats by 36.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 4,618 shares of the company’s stock valued at $130,000 after buying an additional 1,223 shares during the period. Institutional investors own 91.35% of the company’s stock.

Key Malibu Boats News

Here are the key news stories impacting Malibu Boats this week:

  • Positive Sentiment: Quarterly results beat expectations — revenue of $188.6M topped estimates and the reported loss per share (-$0.02) was slightly better than consensus (-$0.03), which supported investor sentiment. Malibu Boats Q2 results & press release
  • Positive Sentiment: Management framed the quarter as one of navigating near-term challenges with strategic actions (cost control, inventory/production focus), which signals potential operating leverage if demand stabilizes. Earnings call transcript
  • Positive Sentiment: Product pipeline and demand catalysts: Malibu will debut multiple new models — including the Pursuit DC 286 and Pathfinder 2800 Hybrid — at the Miami International Boat Show (Feb 11–15), which could help retail interest and order flow heading into spring. Boat show product release
  • Neutral Sentiment: Analyst coverage and targets remain mixed but constructive overall (median targets near $34, Seaport Global buy), giving some upside if execution improves. QuiverQuant summary (analyst & targets)
  • Negative Sentiment: Revenue was down ~5.8% year-over-year and EPS swung from $0.31 a year ago to a small loss this quarter, highlighting softer end-market demand and pressuring near-term profitability. Zacks earnings recap
  • Negative Sentiment: Margins are compressed (net margin ~2.3%, modest ROE), so sustained revenue softness would likely weigh on earnings until cost or pricing actions offset the decline. Yahoo earnings highlights

About Malibu Boats

(Get Free Report)

Malibu Boats, Inc is a leading designer, manufacturer and distributor of performance sport boats for the recreational boating market. The company’s product portfolio includes the premium Malibu® brand and the value-oriented Axis® Wake Research line, as well as Cobalt® boats following its 2020 acquisition. Malibu’s vessels are engineered to serve water-sports enthusiasts, with models optimized for wakeboarding, wakesurfing and waterskiing.

Founded in 1982 by water-sports enthusiast Jack Springer, Malibu Boats is headquartered in Loudon, Tennessee.

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