Surf Cat

Investors sentiment increased to 1.53 in 2019 Q2. Its up 0.11, from 1.42 in 2019Q1. It increased, as 20 investors sold Malibu Boats, Inc. shares while 40 reduced holdings. 27 funds opened positions while 65 raised stakes. 19.80 million shares or 2.44% less from 20.29 million shares in 2019Q1 were reported.
Employees Retirement Systems Of Ohio holds 0.02% or 99,746 shares in its portfolio. Ubs Asset Mgmt Americas invested in 0% or 13,004 shares. Jefferies Grp Inc Ltd Liability Corporation invested 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU). Alberta Inv Management has invested 0% in Malibu Boats, Inc. (NASDAQ:MBUU). Mackenzie Fin Corporation invested in 21,610 shares or 0% of the stock. Colorado-based Arrowmark Colorado Ltd Liability Co has invested 0.13% in Malibu Boats, Inc. (NASDAQ:MBUU). Alphaone Invest Lc holds 5,937 shares. Aqr Capital Mgmt Lc holds 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU) for 9,268 shares. Wells Fargo And Mn, a California-based fund reported 214,493 shares. Prudential Fincl Inc reported 135,788 shares or 0.01% of all its holdings. Smith Asset Mngmt L P holds 0.02% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU) for 12,450 shares. Amer Century Cos holds 0.01% in Malibu Boats, Inc. (NASDAQ:MBUU) or 198,022 shares. Moreover, Susquehanna Group Incorporated Llp has 0% invested in Malibu Boats, Inc. (NASDAQ:MBUU). Bnp Paribas Arbitrage owns 2,729 shares. Great West Life Assurance Can reported 0% stake.

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 32.35% above currents $39.54 stock price. Malibu Boats had 4 analyst reports since July 22, 2019 according to SRatingsIntel. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Buy” rating given on Tuesday, August 27 by B. Riley & Co. BMO Capital Markets maintained Malibu Boats, Inc. (NASDAQ:MBUU) on Friday, August 30 with “Outperform” rating. 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 0.45% or $0.18 during the last trading session, reaching $39.54. About 48,587 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has declined 18.72% since November 30, 2018 and is downtrending. It has underperformed by 18.72% the S&P500.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $809.19 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 11.74 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: Finance.Yahoo.com which released: “Malibu Boats (MBUU) Stock Sinks As Market Gains: What You Should Know – Yahoo Finance” on August 19, 2019, also Fool.com with their article: “Malibu Boats (MBUU) Q4 2019 Earnings Call Transcript – The Motley Fool” published on August 30, 2019, Seekingalpha.com published: “Boating sector rides an earnings wave – Seeking Alpha” on November 07, 2019. More interesting news about Malibu Boats, Inc. (NASDAQ:MBUU) were released by: Nasdaq.com and their article: “Top Ranked Growth Stocks to Buy for November 26th – Nasdaq” published on November 26, 2019 as well as Seekingalpha.com‘s news article titled: “Ralph Lauren and Avon Products among consumer gainers; Kontoor Brands among losers – Seeking Alpha” with publication date: November 07, 2019.