The Latest Analyst Ratings For Malibu Boats
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Malibu Boats (NASDAQ:MBUU) show a diverse range of perspectives, with 5 analysts offering ratings in the last three months. The average 12-month price target is $49.4, a 15.91% decline from the prior average, with individual targets ranging from $45.00 to $54.00. Analysts from Keybanc, Raymond James, Truist Securities, B. Riley Securities, and Baird have adjusted their ratings and price targets, reflecting a cautious outlook on the company's performance. Malibu Boats, a leading power boats manufacturer, has seen a significant revenue decline of -37.69% over the past 3 months, with a market capitalization below industry averages, despite strong net margin and ROE.

April 15, 2024 | 2:02 pm
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NEGATIVE IMPACT
Malibu Boats has received diverse analyst ratings with a downward revision in the 12-month price target to $49.4, indicating a cautious outlook on the company's financial performance.
The downward revision in Malibu Boats' price target and the diverse analyst ratings reflect a cautious outlook on the company's future performance. The significant revenue decline of -37.69% over the past 3 months, coupled with a market capitalization below industry averages, suggests potential challenges ahead. However, the company's strong net margin and ROE indicate some underlying strengths. The overall negative score is based on the recent negative trend in analyst expectations and financial performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100