Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Malibu Boats Inc’s stock clocked out at $34.01, down -0.18% from its previous closing price of $34.07. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 0.55 million shares were traded. MBUU stock price reached its highest trading level at $34.61 during the session, while it also had its lowest trading level at $33.91.
Ratios:
To gain a deeper understanding of MBUU’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.68. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBUU now has a Market Capitalization of 694851456 and an Enterprise Value of 692970240. As of this moment, Malibu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.88, and their Forward P/E ratio for the next fiscal year is 8.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 3.045.
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 $33.77. The 50-Day Moving Average of the stock is -18.47%, while the 200-Day Moving Average is calculated to be -29.57%.
Shares Statistics:
It appears that MBUU traded 286.49K shares on average per day over the past three months and 434360 shares per day over the past ten days. 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 96.89% stake in the company. Shares short for MBUU as of 1711584000 were 1106963 with a Short Ratio of 3.86, compared to 1709164800 on 1020636. Therefore, it implies a Short% of Shares Outstanding of 1106963 and a Short% of Float of 6.3100000000000005.
