News coverage about Malibu Boats (NASDAQ:MBUU) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Malibu Boats earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.3326507085275 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Malibu Boats (NASDAQ MBUU) traded up $0.74 during trading hours on Monday, hitting $30.59. The company had a trading volume of 170,900 shares, compared to its average volume of 175,569. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.71 and a current ratio of 1.46. Malibu Boats has a 12 month low of $17.17 and a 12 month high of $33.35. The company has a market cap of $623.24, a price-to-earnings ratio of 18.21, a price-to-earnings-growth ratio of 1.04 and a beta of 1.00.

Malibu Boats (NASDAQ:MBUU) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.09. Malibu Boats had a return on equity of 54.78% and a net margin of 9.42%. sell-side analysts predict that Malibu Boats will post 1.96 EPS for the current fiscal year.

A number of research analysts have recently commented on MBUU shares. Aegis started coverage on Malibu Boats in a research report on Monday, October 2nd. They set a “buy” rating and a $37.00 price target on the stock. ValuEngine cut Malibu Boats from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. BMO Capital Markets reaffirmed a “buy” rating and set a $32.00 price target on shares of Malibu Boats in a research report on Friday, October 13th. KeyCorp reaffirmed a “buy” rating and set a $31.00 price target on shares of Malibu Boats in a research report on Friday, October 20th. Finally, Zacks Investment Research lowered Malibu Boats from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Malibu Boats has a consensus rating of “Buy” and a consensus target price of $32.44.

In other Malibu Boats news, CFO Wayne R. Wilson sold 35,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $31.20, for a total value of $1,092,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jackie D. Jr. Springer sold 40,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $27.76, for a total value of $1,110,400.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,497 shares of company stock worth $3,964,297. 3.50% of the stock is currently owned by corporate insiders.

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Malibu Boats Company Profile

Malibu Boats, Inc is a designer, manufacturer and marketer of performance sport boats. The Company’s segments include the U.S. and Australia. Each segment is engaged in the manufacturing, distribution, marketing and sale of performance sport boats. Its U.S. segment serves markets in North America, South America, Europe and Asia.

Insider Buying and Selling by Quarter for Malibu Boats (NASDAQ:MBUU)

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