Malibu Boats, Inc. (MBUU) Analysts See $0.70 EPS

April 21, 2018 - By Linda Rogers

Malibu Boats, Inc. (NASDAQ:MBUU) LogoInvestors sentiment decreased to 1.15 in Q4 2017. Its down 0.36, from 1.51 in 2017Q3. It dived, as 14 investors sold Malibu Boats, Inc. shares while 47 reduced holdings. 27 funds opened positions while 43 raised stakes. 20.31 million shares or 0.29% more from 20.25 million shares in 2017Q3 were reported.
Alliancebernstein Limited Partnership holds 20,900 shares. Royal Bank & Trust Of Canada, a Ontario – Canada-based fund reported 1.37 million shares. Campbell & Investment Adviser Ltd accumulated 11,825 shares. 4,692 were accumulated by Legal & General Group Inc Public Ltd. Putnam Investments Ltd Llc accumulated 115,035 shares or 0.01% of the stock. Raymond James Finance Serv holds 9,344 shares. Chicago Equity Prns Limited Liability owns 133,102 shares. Jpmorgan Chase And Company owns 889,091 shares. Texas-based Hillcrest Asset Management has invested 1.87% in Malibu Boats, Inc. (NASDAQ:MBUU). 47,929 are owned by Tiaa Cref Investment Mngmt Lc. Principal Fincl Gru Inc has 8,535 shares. Barclays Plc holds 0% or 31,417 shares. 4,686 were reported by Grandeur Peak Global Limited Liability Company. Arrowmark Colorado Ltd Co accumulated 747,779 shares. Moreover, Hood River Cap Limited Co has 0.78% invested in Malibu Boats, Inc. (NASDAQ:MBUU) for 450,828 shares.

Since December 11, 2017, it had 0 buys, and 2 insider sales for $1.76 million activity. Gasper Dan L. sold $512,250 worth of stock.

Analysts expect Malibu Boats, Inc. (NASDAQ:MBUU) to report $0.70 EPS on May, 2 before the open.They anticipate $0.22 EPS change or 45.83 % from last quarter’s $0.48 EPS. MBUU’s profit would be $15.11 million giving it 12.02 P/E if the $0.70 EPS is correct. After having $0.51 EPS previously, Malibu Boats, Inc.’s analysts see 37.25 % EPS growth. The stock increased 0.66% or $0.22 during the last trading session, reaching $33.65. About 108,903 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 55.32% since April 21, 2017 and is uptrending. It has outperformed by 43.77% the S&P500.

Malibu Boats, Inc. (NASDAQ:MBUU) Ratings Coverage

Among 6 analysts covering Malibu Boats (NASDAQ:MBUU), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Malibu Boats had 9 analyst reports since November 8, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Monday, February 12 by BMO Capital Markets. The company was maintained on Monday, February 12 by KeyBanc Capital Markets. The firm has “Buy” rating by SunTrust given on Friday, February 9. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Buy” rating by Wells Fargo on Wednesday, November 8. The rating was maintained by KeyBanc Capital Markets on Friday, February 9 with “Buy”. On Monday, February 12 the stock rating was maintained by B. Riley & Co with “Neutral”. BMO Capital Markets maintained the shares of MBUU in report on Monday, November 13 with “Outperform” rating. On Wednesday, November 8 the stock rating was maintained by B. Riley & Co with “Neutral”.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $726.53 million. The firm offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. It has a 37.35 P/E ratio. The Company’s boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating.

Malibu Boats, Inc. (NASDAQ:MBUU) Institutional Positions Chart

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