They make performance board boats, where you can do weight boarding behind them. Earnings and margins have continued to increase. Last quarter revenues were up 28% and net income was up quite a bit. Margins are very strong. In the last 3 years, the compounded annual growth rate was about 37% in earnings growth, and the multiple over the next 12 months is only around 15X earnings.
Malibu Boats Inc is a American stock, trading under the symbol MBUU-Q on the NASDAQ (MBUU). It is usually referred to as NASDAQ:MBUU or MBUU-Q
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In the last year, there was no coverage of Malibu Boats Inc published on Stockchase.
On 2024-11-21, Malibu Boats Inc (MBUU-Q) stock closed at a price of $42.06.
(Top Pick Jun 19/15, Down 37.51%) It has come down over the last week. Earnings came out and they were fairly strong, but said they are worried about visibility over the next few quarters. He exited. The growth is probably out of it. Now is not the time to sell it. He thinks they will get back on the path of growth.