Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Cobalt, and Pursuit. The company offers performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Cobalt, and Pursuit brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing, as well as general recreational boating and fishing. It operates through a network of independent dealers in Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. The company was founded in 1982 and is based in Loudon, Tennessee.
IPO Year: 2014
Exchange: NASDAQ
Website: malibuboats.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/4/2025 | $32.00 | Outperform → Neutral | Robert W. Baird |
| 3/20/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 11/1/2024 | $45.00 | Buy → Neutral | DA Davidson |
| 7/24/2024 | $45.00 | Neutral → Buy | DA Davidson |
| 7/24/2024 | $45.00 | Buy → Neutral | DA Davidson |
| 7/8/2024 | $32.00 | Buy → Hold | Truist |
| 5/22/2024 | $44.00 | Buy | The Benchmark Company |
| 4/15/2024 | Outperform → Mkt Perform | Raymond James | |
| 6/16/2023 | $69.00 | Buy → Neutral | B. Riley Securities |
| 4/19/2023 | $65.00 | Overweight | KeyBanc Capital Markets |
SD - MALIBU BOATS, INC. (0001590976) (Filer)
SCHEDULE 13G/A - MALIBU BOATS, INC. (0001590976) (Subject)
10-Q - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
10-Q - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
S-8 - MALIBU BOATS, INC. (0001590976) (Filer)
10-Q - MALIBU BOATS, INC. (0001590976) (Filer)
LOUDON, Tenn., May 08, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to Third Quarter Fiscal 2024: Net sales increased 12.4% to $228.7 millionUnit volume increased 12.8% to 1,431 unitsGross profit increased 13.4% to $45.7 millionGAAP net income increased 119.4% to $13.2 millionGAAP net income available to Class A Common Stock per share (diluted) increased 120.1% to $0.66 per shareAdjusted EBITDA increased 16.0% to $28.3 millionAdjusted fully distributed net income per share increased 14.3% to $0.72 per share on a fully distributed weighted-average s
LOUDON, Tenn., April 25, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its third quarter fiscal 2025 financial results on Thursday, May 8, 2025, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to
LOUDON, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the second quarter ended December 31, 2024. Second Quarter Fiscal 2025 Highlights Compared to Second Quarter Fiscal 2024: Net sales decreased 5.1% to $200.3 millionUnit volume decreased 11.0% to 1,222 unitsGross profit decreased 0.2% to $37.4 millionGAAP net income decreased 76.1% to $2.4 millionGAAP net income available to Class A Common Stock per share (diluted) decreased 76% to $0.12 per shareAdjusted EBITDA decreased 26.3% to $16.9 millionAdjusted fully distributed net income per share decreased 46% to $0.31 per share on a fully distributed weighted-average sha
LOUDON, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its second quarter fiscal 2025 financial results on Thursday, January 30, 2025, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging
LOUDON, Tenn., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that Ritchie Anderson, President, will retire effective February 7, 2025. He will continue in his role as President until that date. Upon Mr. Anderson's retirement, Steve Menneto, the Company's Chief Executive Officer, will become President of Malibu Boats, Inc., with Donna Tallent, Senior Vice President of Operations, assuming leadership for MBI operations. Both Ms. Tallent and the Brand Presidents will report directly to Mr. Menneto, Chief Executive Officer. Mr. Anderson's distinguished career in the powerboat manufacturing industry spans over four decades, including 12 years with Malibu Bo
LOUDON, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the first quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to First Quarter Fiscal 2024: Net sales decreased 32.9% to $171.6 millionUnit volume decreased 39.7% to 1,024 unitsGross profit decreased 50.3% to $28.2 millionGAAP net income decreased 124.8% to a net loss of $5.1 millionGAAP net income available to Class A Common Stock per share (diluted) decreased 125.5% to a net loss of $0.25 per shareAdjusted EBITDA decreased 74.6% to $9.9 millionAdjusted fully distributed net income per share decreased 92.9% to $0.08 per shar
LOUDON, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its first quarter fiscal 2025 financial results on Thursday, October 31, 2024, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging o
LOUDON, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Malibu Boats™, the global leader in towboat sales, is thrilled to announce the launch of the new ultra-luxury 2025 Malibu M230 and its industry-leading premium features including the all-new Malibu Command Center™. The new M230 has been designed from the hull up to be the leader in its class, setting a new industry benchmark in engineering, design, performance, comfort, luxury, and onboard features. Sitting at 23 feet long with a dry weight of 6,750 pounds, the M230 is designed to impress and perform at the highest levels. With capacity for 16 people or 2,256 pounds, a total ballast of 4,102 pounds, including Power Wedge III™, and a 74-ga
LOUDON, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Highlights Compared to Fourth Quarter Fiscal 2023 Net sales decreased 57.4% to $158.7 millionUnit volume decreased 59.0% to 1,045 unitsGross profit decreased 87.8% to $12.5 millionGeneral and administrative expenses decreased to $21.6 millionNet loss increased 8.6% to a net loss of $19.6 millionAdjusted EBITDA decreased 104.5% to $(4.1) millionNet loss available to Class A Common Stock per share (diluted) increased 9.3% to a net loss of
LOUDON, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its fourth quarter and full-year fiscal 2024 financial results on Thursday, August 29, 2024, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, Chief Financial Officer, Bruce Beckman, and Board Chair, Michael Hooks. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live w
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
Robert W. Baird downgraded Malibu Boats from Outperform to Neutral and set a new price target of $32.00
KeyBanc Capital Markets downgraded Malibu Boats from Overweight to Sector Weight
DA Davidson downgraded Malibu Boats from Buy to Neutral and set a new price target of $45.00
DA Davidson upgraded Malibu Boats from Neutral to Buy and set a new price target of $45.00
DA Davidson downgraded Malibu Boats from Buy to Neutral and set a new price target of $45.00
Truist downgraded Malibu Boats from Buy to Hold and set a new price target of $32.00
The Benchmark Company initiated coverage of Malibu Boats with a rating of Buy and set a new price target of $44.00
Raymond James downgraded Malibu Boats from Outperform to Mkt Perform
B. Riley Securities downgraded Malibu Boats from Buy to Neutral and set a new price target of $69.00
KeyBanc Capital Markets initiated coverage of Malibu Boats with a rating of Overweight and set a new price target of $65.00
LOUDON, Tenn., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that Ritchie Anderson, President, will retire effective February 7, 2025. He will continue in his role as President until that date. Upon Mr. Anderson's retirement, Steve Menneto, the Company's Chief Executive Officer, will become President of Malibu Boats, Inc., with Donna Tallent, Senior Vice President of Operations, assuming leadership for MBI operations. Both Ms. Tallent and the Brand Presidents will report directly to Mr. Menneto, Chief Executive Officer. Mr. Anderson's distinguished career in the powerboat manufacturing industry spans over four decades, including 12 years with Malibu Bo
LOUDON, Tenn., July 22, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced the appointment of Steven D. Menneto as its new Chief Executive Officer ("CEO"), effective August 5, 2024. Mr. Menneto will also join Malibu Boats' Board of Directors (the "Board"), which will increase from nine to ten members. In connection with Mr. Menneto's appointment, the Office of the CEO, consisting of Ritchie Anderson, the Company's President, as well as Michael K. Hooks, the Chair of the Board, will end. Mr. Hooks will remain Board Chair and Mr. Anderson will remain President of the Company. Mr. Menneto joins Malibu Boats from Polaris, where he was most recently President of the Off-
Jack Springer will depart as Chief Executive Officer in May 2024;Ritchie Anderson appointed to President;Michael Hooks appointed to Executive Chair LOUDON, Tenn., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that Jack Springer will be departing as Chief Executive Officer ("CEO") on or before May 17, 2024. The Company also announced today that Ritchie Anderson, the Company's current Chief Operating Officer ("COO"), has been promoted to President, effective immediately. Michael Hooks, Malibu's current Chair, will assume the role of Executive Chair, effective immediately, until a new CEO is announced. "For more than 15 years, I have had the honor of se
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. He will be joining as a member of the executive team and report directly to the Company's Chief Executive Officer, Jack Springer. Malibu's Interim Chief Financial Officer, David Black, will transition to the role of Vice President, Finance for Malibu Boats at that time. "I want to welcome Bruce to the Malibu Boats family. I have no doubt he will play a critical role in advancing our industry leading position, executing our long-term strategic plan and further elevating our finance organization at the C
LOUDON, Tenn., April 20, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today the appointment of David Black as Interim Chief Financial Officer, effective April 19, 2023. Malibu's current Chief Financial Officer, Wayne Wilson has notified the Company of his resignation to pursue a similar role at a private equity-backed private company in Knoxville, Tennessee. Mr. Wilson will actively serve in an advisory role and assist with the transition through May 12, 2023. The Board of Directors has initiated a search for Mr. Wilson's successor. "For almost fourteen years, Wayne has been a critical partner in creating and implementing the Company's strategic vision and positioni
LOUDON, Tenn., May 08, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to Third Quarter Fiscal 2024: Net sales increased 12.4% to $228.7 millionUnit volume increased 12.8% to 1,431 unitsGross profit increased 13.4% to $45.7 millionGAAP net income increased 119.4% to $13.2 millionGAAP net income available to Class A Common Stock per share (diluted) increased 120.1% to $0.66 per shareAdjusted EBITDA increased 16.0% to $28.3 millionAdjusted fully distributed net income per share increased 14.3% to $0.72 per share on a fully distributed weighted-average s
LOUDON, Tenn., April 25, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its third quarter fiscal 2025 financial results on Thursday, May 8, 2025, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to
LOUDON, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the second quarter ended December 31, 2024. Second Quarter Fiscal 2025 Highlights Compared to Second Quarter Fiscal 2024: Net sales decreased 5.1% to $200.3 millionUnit volume decreased 11.0% to 1,222 unitsGross profit decreased 0.2% to $37.4 millionGAAP net income decreased 76.1% to $2.4 millionGAAP net income available to Class A Common Stock per share (diluted) decreased 76% to $0.12 per shareAdjusted EBITDA decreased 26.3% to $16.9 millionAdjusted fully distributed net income per share decreased 46% to $0.31 per share on a fully distributed weighted-average sha
LOUDON, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its second quarter fiscal 2025 financial results on Thursday, January 30, 2025, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging
LOUDON, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the first quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to First Quarter Fiscal 2024: Net sales decreased 32.9% to $171.6 millionUnit volume decreased 39.7% to 1,024 unitsGross profit decreased 50.3% to $28.2 millionGAAP net income decreased 124.8% to a net loss of $5.1 millionGAAP net income available to Class A Common Stock per share (diluted) decreased 125.5% to a net loss of $0.25 per shareAdjusted EBITDA decreased 74.6% to $9.9 millionAdjusted fully distributed net income per share decreased 92.9% to $0.08 per shar
LOUDON, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its first quarter fiscal 2025 financial results on Thursday, October 31, 2024, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging o
LOUDON, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Highlights Compared to Fourth Quarter Fiscal 2023 Net sales decreased 57.4% to $158.7 millionUnit volume decreased 59.0% to 1,045 unitsGross profit decreased 87.8% to $12.5 millionGeneral and administrative expenses decreased to $21.6 millionNet loss increased 8.6% to a net loss of $19.6 millionAdjusted EBITDA decreased 104.5% to $(4.1) millionNet loss available to Class A Common Stock per share (diluted) increased 9.3% to a net loss of
LOUDON, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) announced today that it will release its fourth quarter and full-year fiscal 2024 financial results on Thursday, August 29, 2024, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, Chief Financial Officer, Bruce Beckman, and Board Chair, Michael Hooks. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live w
LOUDON, Tenn., May 02, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (NASDAQ:MBUU) today announced its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to Third Quarter Fiscal 2023: Net sales decreased 45.8% to $203.4 millionUnit volume decreased 51.9% to 1,269 unitsGross profit decreased 59.1% to $40.3 millionGAAP net income decreased 226.8% to a net loss of $67.8 million, inclusive of goodwill and other intangible asset impairment charges of $88.4 million incurred for the Maverick Boat Group reporting unitGAAP net income available to Class A Common Stock per share (diluted) decreased 230.7% to a net loss of $3.28 per shareAd
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, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Jack Springer, Chief Financial Officer, Bruce Beckman and Executive Chair, Michael Hooks. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the c
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