News headlines about Malibu Boats (NASDAQ:MBUU) have trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Malibu Boats earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.0267327832118 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities analysts have recently issued reports on MBUU shares. ValuEngine raised Malibu Boats from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub raised Malibu Boats from a “hold” rating to a “buy” rating in a report on Friday, January 26th. Zacks Investment Research raised Malibu Boats from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a report on Tuesday, January 16th. SunTrust Banks reissued a “buy” rating and issued a $37.00 target price on shares of Malibu Boats in a report on Friday, February 9th. Finally, B. Riley raised their price target on Malibu Boats from $29.50 to $32.25 and gave the company a “neutral” rating in a report on Monday, February 12th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $35.28.
Shares of Malibu Boats (NASDAQ MBUU) opened at $33.42 on Friday. Malibu Boats has a twelve month low of $20.52 and a twelve month high of $36.81. The firm has a market capitalization of $685.44, a price-to-earnings ratio of 34.10, a P/E/G ratio of 1.02 and a beta of 1.07. The company has a current ratio of 1.70, a quick ratio of 0.92 and a debt-to-equity ratio of 0.98.
Malibu Boats (NASDAQ:MBUU) last released its quarterly earnings results on Friday, February 9th. The company reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.04. Malibu Boats had a return on equity of 44.97% and a net margin of 4.64%. The firm had revenue of $114.37 million during the quarter, compared to analysts’ expectations of $108.84 million. During the same period last year, the firm posted $0.38 EPS. The business’s revenue was up 69.0% on a year-over-year basis. equities analysts anticipate that Malibu Boats will post 2.19 earnings per share for the current fiscal year.
In related news, VP Dan L. Gasper sold 15,000 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $34.15, for a total transaction of $512,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.50% of the company’s stock.
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About Malibu Boats
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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