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Malibu Boats Inc Class A MBUU Stock Quote

| Rating as of

NASDAQ: MBUU

Last close prices updated as of Feb 07, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 62.49
  • Sector Consumer Cyclical
  • Industry Recreational Vehicles
  • Investment Style Small Blend
  • Day Range 62.36  –  64.03
  • Year Range 46.30  –  72.47
  • Market Cap 1.2895 Bil
  • Volume / Avg 237,033.0 /  108,353.4
  • Price / Sales 1.03
  • Price / Book 2.40
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis MBUU

Valuation
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Is it the right time to buy or sell?

1-Star Price

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5-Star Price

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Economic Moat

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Capital Allocation

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Demand Remains Healthy for Malibu’s Products, but Optimal Margins Still Tempered by Inflation

Jaime M. Katz Senior Equity Analyst

Analyst Note

| Jaime M. Katz |

We don’t plan any material change to our $100 fair value estimate for narrow-moat Malibu after incorporating second-quarter results into our model. Total sales rose 28%, to $339 million, edging our $313 million forecast, with strength across the firm’s portfolio (Malibu units up 12%, Cobalt and Saltwater up mid-20%). For the enterprise, unit shipments ticked up 18% while pricing jumped 9% as consumers continued to drift toward higher amenity products. Strong pricing persisted across all three segments, with Malibu average selling prices up 6%, Cobalt up 9%, and saltwater 11% higher. Unfortunately, expenses were a bit higher than we forecast due to inflationary costs (input and labor), sending the gross margin down 180 basis points, to 22.3% versus our 24% estimate. This ultimately led to a 17% adjusted EBITDA margin, representing a 120-basis-point downtick over last year.

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Key Statistics MBUU

Company Profile MBUU

Business Description

Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats. Malibu’s target market includes a wide range of water enthusiasts who embrace active lifestyles.

Contact
5075 Kimberly Way
Loudon, TN, 37774
Industry Recreational Vehicles
Employees 3,015

Related Articles MBUU

FAQs for Malibu Boats Inc Class A Stock

No. MBUU does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MBUU’s market cap is 1.29 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MBUU’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MBUU’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MBUU’s historical performance against its industry peers and the overall market.