Malibu Boats, Inc. (MBUU) Can’t Be More Risky. Trades Sigfnicicantly Lower

Malibu Boats, Inc. (NASDAQ:MBUU) Logo

Investors sentiment increased to 1.24 in Q4 2018. Its up 0.42, from 0.82 in 2018Q3. It improved, as 19 investors sold Malibu Boats, Inc. shares while 48 reduced holdings. 29 funds opened positions while 54 raised stakes. 20.29 million shares or 4.59% more from 19.40 million shares in 2018Q3 were reported.
Alps Advisors Inc reported 8,514 shares or 0% of all its holdings. Rhumbline Advisers invested in 0% or 26,949 shares. Dorsey Wright Associates invested 0.01% in Malibu Boats, Inc. (NASDAQ:MBUU). Globeflex Capital Limited Partnership holds 47,375 shares or 0.39% of its portfolio. The Missouri-based Century has invested 0.01% in Malibu Boats, Inc. (NASDAQ:MBUU). Loomis Sayles Limited Partnership stated it has 441,565 shares. Sei holds 0% in Malibu Boats, Inc. (NASDAQ:MBUU) or 6,713 shares. Amundi Pioneer Asset Management stated it has 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU). Citadel Ltd Com owns 55,373 shares. Principal Fincl Gru reported 7,242 shares stake. Voya Limited Company stated it has 15,584 shares or 0% of all its holdings. Moreover, Petrus Lta has 0.04% invested in Malibu Boats, Inc. (NASDAQ:MBUU) for 5,865 shares. Marshall Wace Limited Liability Partnership accumulated 263,056 shares. Pnc Ser Group accumulated 951 shares or 0% of the stock. Affinity Advsr Limited Com holds 7,508 shares.

Since November 27, 2018, it had 0 insider buys, and 3 sales for $1.11 million activity. 1,200 shares were sold by Kent Deborah S., worth $54,072. $551,873 worth of Malibu Boats, Inc. (NASDAQ:MBUU) was sold by Anderson Ritchie L. on Tuesday, November 27.

The stock of Malibu Boats, Inc. (NASDAQ:MBUU) is a huge mover today! The stock decreased 3.32% or $1.45 during the last trading session, reaching $42.19. About 285,500 shares traded or 37.00% up from the average. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 42.44% since March 15, 2018 and is uptrending. It has outperformed by 38.07% the S&P500.
The move comes after 7 months negative chart setup for the $914.73 million company. It was reported on Mar, 15 by Barchart.com. We have $40.92 PT which if reached, will make NASDAQ:MBUU worth $27.44 million less.

Analysts await Malibu Boats, Inc. (NASDAQ:MBUU) to report earnings on May, 1. They expect $1.03 earnings per share, up 18.39 % or $0.16 from last year’s $0.87 per share. MBUU’s profit will be $22.33 million for 10.24 P/E if the $1.03 EPS becomes a reality. After $0.83 actual earnings per share reported by Malibu Boats, Inc. for the previous quarter, Wall Street now forecasts 24.10 % EPS growth.

More notable recent Malibu Boats, Inc. (NASDAQ:MBUU) news were published by: Globenewswire.com which released: “Malibu Boats, Inc.’s Surf Band with Volume Control Recognized by Boating Industry Magazine – GlobeNewswire” on May 02, 2018, also Seekingalpha.com with their article: “Malibu Boats closes on Pursuit Boats acquisition – Seeking Alpha” published on October 15, 2018, Globenewswire.com published: “Malibu Boats Introduces the All-New 2019 22 LSV – GlobeNewswire” on July 26, 2018. More interesting news about Malibu Boats, Inc. (NASDAQ:MBUU) were released by: Seekingalpha.com and their article: “Malibu Boats beats Q1 estimates – Seeking Alpha” published on November 06, 2018 as well as Globenewswire.com‘s news article titled: “Malibu Gx Tower Nasdaq:MBUU – GlobeNewswire” with publication date: August 23, 2018.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $914.73 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 16.37 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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