Malibu Boats gets positive rating from brokerages

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Malibu Boats ($NASDAQ:MBUU), Inc. has been given an average rating of “Buy” by the six analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Malibu Boats, Inc., together with its subsidiaries, designs, manufactures, markets, distributes, and sells recreational powerboats worldwide.

The company operates through two segments, North America and International. It offers recreational powerboats, including performance sport boats, and response tow boats under the Malibu and Axis brand names for use in water skiing, wakeboarding, and wake surfing, as well as for general recreational boating.

Price History

Media exposure for Malibu Boats has been mostly positive, with brokerages giving the company a positive rating. However, on Thursday, Malibu Boats stock opened at $51.2 and closed at $50.4, down by 3.1% from the previous closing price of 52.0. This may be due to the recent news that the company is being investigated by the SEC.

VI Analysis

It is important to consider a company’s fundamentals when analyzing its long term potential. The VI app makes this easy by providing a star chart for each company. MALIBU BOATS is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. High growth companies are deemed more risky as they attempt to grow faster. MALIBU BOATS is strong in growth and profitability, and medium in asset strength. It is weak in dividend yield.

However, its high health score of 8/10 indicates that it is capable of safely riding out any crisis without the risk of bankruptcy.

Summary

Malibu Boats Inc. stock research, profile, news, analyst ratings, key statistics, fundamentals and company information. Malibu Boats, Inc. engages in the design, manufacture, and market of recreational powerboats. It operates through the following segments: Malibu and Axis.

The Malibu segment offers recreational powerboats under the Malibu and Response brands for waterskiing, wakeboarding, and wake surfing. The Axis segment provides recreational towboats under the Axis brand for waterskiing, wakeboarding, and wake surfing.