Expanding its Growth Runway Ahead: Malibu Boats Inc. (MBUU)

Malibu Boats Inc.’s stock (NASDAQ:MBUU) has been rated as Neutral by B. Riley FBR. This latest rating was contained in a recent research note published by the firm on April 06, 2020 and has set a $21 price target for the stock. Some experts on Wall Street have also posted a report on Malibu Boats Inc. (MBUU) stock.

BMO Capital Markets rated the stock as a Market Perform in a research noted published on April 02, 2020. Raymond James rated the stock as a Outperform in a research note published on February 18, 2020.

As it stands, a total of 7 analysts are covering MBUU stock, with 4 of them rating it as a Buy while 1 of them rating it as Overweight. 2 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that Malibu Boats Inc. (MBUU) stock has an average rating of Overweight.

Malibu Boats Inc. (MBUU) which is currently valued at 606.48 million, with the company publishing its last earnings report on 02/06/2020, for the recent quarter of 2019. In that quarter, the company recorded a revenue of 185.03 million, which was lower than the forecast of 198.6 million made by some analysts. For that same quarter, Malibu Boats Inc. (MBUU) posted $1.15 earnings per share (EPS) which was above the analyst consensus estimate of $1.04 by $0.11, which represents an increase by 10.60%.

The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, MBUU price has surged by 11.21%. A look at its price performance over the past three months sees the stock go down by -32.46%, while it has lost -8.83% over the past six months and -28.66% since the start of the year.

Let us now look at some of its likely support and resistance level. Recent research on Malibu Boats Inc. (MBUU) has seen its stock trading -42.93% below its three-month high price. A look at the other side also sees stock trading +65.09% above its three-month low. A wider look sees MBUU trading -42.93% below its 52-week high and 65.09% above from its 52-week low price.

Shareholders of the company sometimes like to find out how their investments are growing. Malibu Boats Inc. (MBUU) has so far given an ROE of 35.60%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. Malibu Boats Inc. (MBUU)’s ROA at the moment stands at 15.70%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.

Malibu Boats Inc. (MBUU) has a return on investment (ROI) of 23.90%. The higher the ROI percentage, the higher the profit exceeds the costs, thus analysts consider such investments as an overall gain. A negative ROI, however, means that the cost is higher than the profits, a scenario analysts consider as a net loss.

Let us now take a look at Malibu Boats Inc. (MBUU)’s trading volatility. Its 7-day volatility is around 5.67%, while it has a monthly volatility of 9.52%. MBUU has an ATR (Average True Range) of 2.52 and a beta factor of 1.88. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.

The price of MBUU lifted by $1.84 during the normal trading session on Friday to trade at $29.75. The Malibu Boats Inc. (MBUU) stock has a trading volume of 243605.0 shares, which is low, compared to its average daily volume of 271.15K shares.