Malibu Boats, Inc. (MBUU) to Release Quarterly Earnings on Tuesday
Malibu Boats, Inc. (NASDAQ:MBUU) will issue its quarterly earnings data before the market opens on Tuesday, September 5th. Analysts expect the company to announce earnings of $0.40 per share for the quarter.
Malibu Boats, Inc. (MBUU) opened at 27.37 on Monday. The company has a 50-day moving average of $27.24 and a 200-day moving average of $24.20. The stock has a market capitalization of $490.74 million, a price-to-earnings ratio of 21.90 and a beta of 1.00. Malibu Boats, Inc. has a 1-year low of $13.46 and a 1-year high of $29.50.
A number of brokerages recently weighed in on MBUU. B. Riley restated a “buy” rating and set a $26.00 price objective on shares of Malibu Boats in a research report on Monday, May 8th. Zacks Investment Research cut shares of Malibu Boats from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. KeyCorp reaffirmed an “overweight” rating and set a $31.00 target price on shares of Malibu Boats in a report on Wednesday, August 30th. BidaskClub cut shares of Malibu Boats from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 5th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $29.00 target price on shares of Malibu Boats in a report on Wednesday, July 5th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $26.21.
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Malibu Boats Company Profile
Malibu Boats, Inc is a designer, manufacturer and marketer of performance sport boats. The Company’s segments include the U.S. and Australia. Each segment is engaged in the manufacturing, distribution, marketing and sale of performance sport boats. Its U.S. segment serves markets in North America, South America, Europe and Asia.
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