Surf Cat

Investors sentiment decreased to 1.04 in 2019 Q3. Its down 0.49, from 1.53 in 2019Q2. It fall, as 32 investors sold Malibu Boats, Inc. shares while 39 reduced holdings. 26 funds opened positions while 48 raised stakes. 19.19 million shares or 3.08% less from 19.80 million shares in 2019Q2 were reported.
First Hawaiian Bank & Trust reported 7,400 shares stake. Lazard Asset Mgmt Limited has 1.06M shares. Jpmorgan Chase And holds 357,672 shares. Neuberger Berman Gru Limited Com holds 0% or 39,100 shares in its portfolio. Delta Asset Mngmt Lc Tn stated it has 200 shares. First Mercantile invested in 2,031 shares or 0.01% of the stock. Renaissance Limited Liability Corporation reported 1.22 million shares stake. Wellington Gp Incorporated Llp accumulated 274,698 shares or 0% of the stock. 824,737 were accumulated by Dimensional Fund Advisors Limited Partnership. Hussman Strategic Advsrs accumulated 65,000 shares. Catalyst Limited Company owns 0.02% invested in Malibu Boats, Inc. (NASDAQ:MBUU) for 16,000 shares. Invesco Limited invested in 9,849 shares or 0% of the stock. Moreover, Alliancebernstein Limited Partnership has 0% invested in Malibu Boats, Inc. (NASDAQ:MBUU). Gotham Asset Lc, New York-based fund reported 18,195 shares. Lord Abbett And Com Lc holds 0.13% in Malibu Boats, Inc. (NASDAQ:MBUU) or 1.23 million shares.

Among 2 analysts covering Malibu Boats (NASDAQ:MBUU), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Malibu Boats has $5300 highest and $5200 lowest target. $52.33’s average target is 33.94% above currents $39.07 stock price. Malibu Boats had 4 analyst reports since July 22, 2019 according to SRatingsIntel. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Outperform” rating by BMO Capital Markets on Friday, August 30. The company was maintained on Tuesday, August 27 by B. Riley & Co. Below is a list of Malibu Boats, Inc. (NASDAQ:MBUU) latest ratings and price target changes.

13/10/2019 Broker: BidaskScore Rating: Sell Downgrade
30/08/2019 Broker: BMO Capital Markets Rating: Outperform Old Target: $62.0000 New Target: $52.0000 Maintain
27/08/2019 Broker: B. Riley & Co Rating: Buy Old Target: $62.0000 New Target: $52.0000 Maintain
22/07/2019 Broker: Inc. – Common Stock Rating: Keybanc New Target: $53.0000 48.0000

The stock decreased 0.76% or $0.3 during the last trading session, reaching $39.07. About 131,843 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has declined 9.42% since December 14, 2018 and is downtrending. It has underperformed by 9.42% the S&P500.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $799.57 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 11.6 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.

More notable recent Malibu Boats, Inc. (NASDAQ:MBUU) news were published by: Nasdaq.com which released: “Top Ranked Growth Stocks to Buy for December 13th – Nasdaq” on December 13, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been This Bullish On Tidewater Inc. (TDW) – Yahoo Finance” published on December 11, 2019, Seekingalpha.com published: “Malibu Boats, Inc. 2019 Q3 – Results – Earnings Call Slides – Seeking Alpha” on May 10, 2019. More interesting news about Malibu Boats, Inc. (NASDAQ:MBUU) were released by: Seekingalpha.com and their article: “Malibu Boats EPS beats by $0.13, beats on revenue – Seeking Alpha” published on November 07, 2019 as well as Finance.Yahoo.com‘s news article titled: “Malibu Boats (MBUU) Earnings Expected to Grow: Should You Buy? – Yahoo Finance” with publication date: August 22, 2019.