Media headlines about Malibu Boats (NASDAQ:MBUU) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Malibu Boats earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.7310891268455 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Malibu Boats (MBUU) Raised to Strong-Buy at BidaskClub (americanbankingnews.com)
- Analysts Anticipate Malibu Boats Inc (MBUU) Will Post Quarterly Sales of $125.90 Million (americanbankingnews.com)
- Malibu Boats Inc (MBUU) Expected to Post Earnings of $0.71 Per Share (americanbankingnews.com)
- Malibu Boats (MBUU) Hits Fresh Highs: Is There Still Room to Run? (finance.yahoo.com)
- Ranger Investment Management L.P. Has $2.66 Million Holdings in Malibu Boats Inc (MBUU) (americanbankingnews.com)
Several brokerages recently weighed in on MBUU. BidaskClub raised shares of Malibu Boats from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 8th. Zacks Investment Research raised shares of Malibu Boats from a “hold” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a research report on Thursday, February 15th. BMO Capital Markets raised their price target on shares of Malibu Boats from $34.00 to $40.00 and gave the company a “top pick” rating in a research report on Tuesday, February 13th. B. Riley raised their price target on shares of Malibu Boats from $29.50 to $32.25 and gave the company a “neutral” rating in a research report on Monday, February 12th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $38.00 price target (up previously from $33.00) on shares of Malibu Boats in a research report on Friday, February 9th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $35.28.
Malibu Boats (NASDAQ:MBUU) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.04. Malibu Boats had a net margin of 4.64% and a return on equity of 44.97%. The business had revenue of $114.37 million for the quarter, compared to analysts’ expectations of $108.84 million. During the same quarter last year, the firm earned $0.38 EPS. The firm’s revenue for the quarter was up 69.0% compared to the same quarter last year. equities analysts predict that Malibu Boats will post 2.19 EPS for the current fiscal year.
In other Malibu Boats news, VP Dan L. Gasper sold 15,000 shares of Malibu Boats stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $34.15, for a total transaction of $512,250.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.50% of the stock is owned by company insiders.
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.
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