Added to YB: 2024-02-21
Pitch date: 2024-02-20
MBUU [bullish]
Malibu Boats, Inc.
-47.26%
current return
Author Info
No bio for this author
Company Info
Malibu Boats, Inc. designs, manufactures, markets, and sells various recreational powerboats. The company operates through four segments: Malibu, Saltwater Fishing, Cobalt, and Saxdor.
Market Cap
$452.8M
Pitch Price
$43.00
Price Target
108.00 (+376%)
Dividend
N/A
EV/EBITDA
7.66
P/E
268.73
EV/Sales
0.61
Sector
Leisure Products
Category
value
Malibu Boats: Stay The Course And Relish The Results
MBUU: Q3 earnings -38% YoY as expected, stock flat since last update. P/B near historic lows despite rising book value. Debt reduced, substantial liquidity. FY EPS $2.64-$3.22 on 30%+ rev decline. CEO exit, COO promoted. Growth catalysts: rates, pontoons/outboards. $81-$108 PT for 70-127% upside. Buy on margin of safety & financials.
Read full article (7 min)