Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
9/30/2022 | $50.00 | Neutral | DA Davidson |
SC 13G/A - MALIBU BOATS, INC. (0001590976) (Subject)
SC 13G/A - MALIBU BOATS, INC. (0001590976) (Subject)
SC 13G/A - MALIBU BOATS, INC. (0001590976) (Subject)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
3 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
10-K - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
8-K - MALIBU BOATS, INC. (0001590976) (Filer)
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
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
4 - MALIBU BOATS, INC. (0001590976) (Issuer)
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
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
Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Malibu Boats (NASDAQ:MBUU) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 2 2 0 0 0 Analysts have recently evaluated Malibu Boats and provided 12-month price targets. The average target is $39.43, accompanied by a high estimate o
DA Davidson analyst Brandon Rolle upgrades Malibu Boats (NASDAQ:MBUU) from Neutral to Buy and announces $45 price target.
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-Road Vehicle Division. In that role he nearly dou
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