Malibu Boats Earnings Preview
Portfolio Pulse from Benzinga Insights
Malibu Boats (NASDAQ:MBUU) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $-0.05. The company's past performance shows mixed results, with a recent EPS miss leading to a share price increase. Analysts have a 'Buy' rating with a price target of $45.0, indicating a potential 6.23% upside. Malibu Boats faces challenges with a significant revenue decline and low ROE and ROA, but maintains a strong net margin and low debt-to-equity ratio.
October 30, 2024 | 7:01 pm
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Malibu Boats is expected to report an EPS of $-0.05. Past performance shows that even with an EPS miss, the stock price increased. Analysts rate it 'Buy' with a $45 target, indicating a potential 6.23% upside. The company faces challenges with revenue decline and low ROE/ROA.
The upcoming earnings report and analyst expectations are crucial for Malibu Boats. Despite past EPS misses, the stock price increased, suggesting that investors may react positively if the company beats expectations or provides strong guidance. The 'Buy' rating and price target indicate potential upside, but challenges like revenue decline and low ROE/ROA could impact investor sentiment.
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