Malibu Boats (NASDAQ:MBUU) Issues Earnings Results

Malibu Boats (NASDAQ:MBUU) issued its quarterly earnings results on Thursday. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.14, FiscalAI reports. The firm had revenue of $295.54 million during the quarter, compared to analyst estimates of $263.89 million. Malibu Boats had a return on equity of 5.20% and a net margin of 0.18%.The company’s revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 earnings per share.

Here are the key takeaways from Malibu Boats’ conference call:

• Strong fourth-quarter execution: Net sales rose 42.7% to $295.5 million and adjusted EBITDA increased 72.7% to $33.9 million, with adjusted EBITDA margin expanding 200 basis points to 11.5%. Legacy sales also grew 13.2% before Saxdor’s contribution.
• Saxdor expands growth opportunities: The acquisition contributed $61.2 million of fourth-quarter revenue and opens access to the adventure day-boat category, European markets and a younger affluent customer base. Malibu expects Saxdor revenue to grow at a low-teens rate in fiscal 2027, with margins improving toward 10%-11% as Fort Pierce production scales.
• Fiscal 2027 outlook calls for substantial growth: Management forecast net sales of $1.080 billion-$1.120 billion and adjusted EBITDA of $101 million-$109 million, supported by low- to mid-single-digit growth in legacy brands and mid-teens growth at Saxdor.
• Industry demand remains pressured: Management expects the broader market to be flat to down in fiscal 2027, with weakness concentrated in the first half and payment-sensitive buyers slower to return. Fiberglass segments remain more pressured than the overall market, while low- to mid-single-digit input-cost inflation and tariffs are embedded in guidance.
• Balance sheet and capital returns improved: Malibu ended the year with $74.4 million of cash, approximately 1.2 times net leverage and $43.2 million of free cash flow. A refinancing extended debt maturity to 2031, and the board authorized a new $70 million share-repurchase program.

Malibu Boats Trading Down 5.0%

Shares of MBUU stock opened at $27.36 on Friday. The stock has a market capitalization of $537.35 million, a PE ratio of 390.86 and a beta of 1.13. Malibu Boats has a 1-year low of $23.84 and a 1-year high of $35.06. The business has a 50-day moving average of $27.91 and a 200 day moving average of $27.43. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.31 and a quick ratio of 0.44.

Analyst Ratings Changes

A number of research firms recently weighed in on MBUU. Benchmark restated a “buy” rating on shares of Malibu Boats in a research report on Friday. Weiss Ratings upgraded shares of Malibu Boats from a “sell (e+)” rating to a “sell (d)” rating in a research report on Thursday. Wall Street Zen raised shares of Malibu Boats from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. DA Davidson restated a “neutral” rating and issued a $30.00 price objective on shares of Malibu Boats in a report on Monday, June 15th. Finally, Truist Financial upped their price objective on shares of Malibu Boats from $31.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $31.60.

Hedge Funds Weigh In On Malibu Boats

A number of large investors have recently bought and sold shares of MBUU. Wellington Management Group LLP boosted its stake in shares of Malibu Boats by 27.1% during the fourth quarter. Wellington Management Group LLP now owns 1,688,099 shares of the company’s stock valued at $47,621,000 after purchasing an additional 359,550 shares during the period. Twin Lions Management LLC increased its stake in shares of Malibu Boats by 8.2% in the fourth quarter. Twin Lions Management LLC now owns 1,138,053 shares of the company’s stock worth $32,104,000 after buying an additional 85,951 shares during the period. Janus Henderson Group PLC increased its stake in shares of Malibu Boats by 5.5% in the fourth quarter. Janus Henderson Group PLC now owns 438,163 shares of the company’s stock worth $12,360,000 after buying an additional 23,012 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Malibu Boats by 24.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 429,732 shares of the company’s stock valued at $12,123,000 after buying an additional 85,422 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Malibu Boats by 31.5% during the 2nd quarter. Bank of America Corp DE now owns 361,357 shares of the company’s stock valued at $11,325,000 after buying an additional 86,526 shares during the last quarter. 91.35% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Malibu Boats

Here are the key news stories impacting Malibu Boats this week:

• Positive Sentiment: Fourth-quarter results exceeded expectations. Malibu Boats reported adjusted earnings of $0.92 per share versus the $0.78 consensus estimate, while revenue reached $295.54 million, well above the $263.89 million forecast. Revenue increased 42.8% year over year, and EPS more than doubled from $0.42 in the prior-year quarter. Malibu Boats fiscal 2026 results
• Positive Sentiment: Shareholder returns are being supported by a new buyback. The company authorized a $70 million share-repurchase program, which could provide a floor for the stock and enhance per-share results if executed effectively. Malibu Boats earnings beat and buyback
• Positive Sentiment: Fiscal 2027 revenue guidance is broadly in line with Wall Street expectations. Malibu Boats projected approximately $1.1 billion in revenue, matching the consensus estimate and indicating management expects continued substantial scale. Malibu Boats fiscal 2027 outlook
• Neutral Sentiment: The outlook is improving but not unequivocally bullish. Recent analysis describes the business as stabilizing while noting that macroeconomic pressure remains, leaving investors focused on consumer demand and future boat-market conditions. Malibu Boats stabilizing despite macro pressure
• Negative Sentiment: Forward guidance did not deliver a clear upside surprise. Although revenue guidance matches estimates, the reported update did not provide a usable EPS forecast, limiting visibility into profitability. Investors may also be taking profits after the earnings-related rally, particularly as Malibu Boats continues to report a very thin negative net margin.

About Malibu Boats

Malibu Boats, Inc is a leading designer, manufacturer and distributor of performance sport boats for the recreational boating market. The company’s product portfolio includes the premium Malibu® brand and the value-oriented Axis® Wake Research line, as well as Cobalt® boats following its 2020 acquisition. Malibu’s vessels are engineered to serve water-sports enthusiasts, with models optimized for wakeboarding, wakesurfing and waterskiing.

Founded in 1982 by water-sports enthusiast Jack Springer, Malibu Boats is headquartered in Loudon, Tennessee.