After finishing at $38.48 in the prior trading day, Malibu Boats Inc (NASDAQ: MBUU) closed at $36.14, down -6.08%. On the day, 930462 shares were traded.
Ratios:
Our goal is to gain a better understanding of MBUU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On June 16, 2023, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $69.
On April 19, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $65.KeyBanc Capital Markets initiated its Overweight rating on April 19, 2023, with a $65 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 22 ’24 when Hooks Michael K. bought 12,500 shares for $42.82 per share. The transaction valued at 535,250 led to the insider holds 12,500 shares of the business.
Black David Scott sold 631 shares of MBUU for $27,385 on Nov 08 ’23. The Interim CFO now owns 3,162 shares after completing the transaction at $43.40 per share. On Nov 07 ’23, another insider, Anderson Ritchie L., who serves as the Chief Operating Officer of the company, sold 13,360 shares for $44.14 each. As a result, the insider received 589,766 and left with 42,311 shares of the company.
Valuation Measures:
As of this moment, Malibu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.56, and their Forward P/E ratio for the next fiscal year is 8.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.18.
Stock Price History:
Over the past 52 weeks, MBUU has reached a high of $62.36, while it has fallen to a 52-week low of $37.70.
Shares Statistics:
A total of 20.60M shares are outstanding, with a floating share count of 19.75M. Insiders hold about 3.34% of the company’s shares, while institutions hold 96.92% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Malibu Boats, Inc. different market analysts.
