Malibu Boats(MBUU)

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Malibu Boats(MBUU) - 2025 Q3 - Quarterly Results
2025-05-08 11:03
Exhibit 99.1 Loudon, TN, May 8, 2025 - Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to Third Quarter Fiscal 2024: "Our team executed effectively in the third quarter, navigating ongoing market challenges by leveraging our strong brands, disciplined operational performance, and continued focus on dealer health," commented Steve Menneto, Chief Executive Officer of Malibu Boats, Inc. "While reta ...
Malibu Boats, Inc. Announces Third Quarter Fiscal 2025 Results
GlobeNewswire News Room· 2025-05-08 11:00
LOUDON, Tenn., May 08, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to Third Quarter Fiscal 2024: Net sales increased 12.4% to $228.7 millionUnit volume increased 12.8% to 1,431 unitsGross profit increased 13.4% to $45.7 millionGAAP net income increased 119.4% to $13.2 millionGAAP net income available to Class A Common Stock per share (diluted) increased 120.1% to $0 ...
Insights Into Malibu Boats (MBUU) Q3: Wall Street Projections for Key Metrics
ZACKS· 2025-05-06 14:20
Core Insights - The upcoming earnings report for Malibu Boats (MBUU) is projected to show quarterly earnings of $0.67 per share, reflecting a 6.4% increase year over year, with revenues expected to reach $223.38 million, a 9.8% increase compared to the previous year [1]. Earnings Projections - Over the last 30 days, the consensus EPS estimate has been revised downward by 4.2%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies have shown a strong correlation between earnings estimate trends and short-term stock price movements [3]. Analyst Estimates - Analysts estimate that revenue from the Saltwater Fishing segment will be $84.15 million, representing a 3.6% year-over-year increase [5]. - The forecast for 'Unit Volume by Segment - Malibu' is 472, up from 452 in the same quarter last year, while 'Unit Volume by Segment - Cobalt' is expected to reach 491, compared to 436 a year ago [5]. - The 'Net Sales per Unit - Total' is projected at $166,199.50, an increase from $160,299 in the previous year, with total unit volume expected to be 1,346, up from 1,269 [6]. - The estimated 'Unit Volume by Segment - Saltwater Fishing' is 383, slightly up from 381 in the same quarter last year [7]. Stock Performance - Over the past month, shares of Malibu Boats have increased by 12.4%, outperforming the Zacks S&P 500 composite, which rose by 11.5% [7]. - Currently, Malibu Boats holds a Zacks Rank 3 (Hold), suggesting that its performance may align with the overall market in the near future [7].
Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Third Quarter Fiscal 2025 Financial Results
Globenewswire· 2025-04-25 20:30
Core Viewpoint - Malibu Boats, Inc. is set to release its third quarter fiscal 2025 financial results on May 8, 2025, before market opening, followed by a conference call with management to discuss the results [1]. Company Overview - Malibu Boats, Inc. is based in Loudon, Tennessee, and is a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive, and outboard boats [3]. - The company holds a market leadership position in the performance sport boat category through its Malibu and Axis brands, and leads the 20' - 40' segment of the sterndrive boat category with its Cobalt brand [3]. - Malibu Boats is also a key player in the saltwater fishing boat market with brands such as Pursuit, Cobia, Pathfinder, Maverick, and Hewes [3]. - The company is recognized as an innovator in the powerboat industry, designing products that cater to a growing demographic of recreational boaters, fishermen, and water sports enthusiasts [3].
Malibu Boats (MBUU) Earnings Expected to Grow: What to Know Ahead of Q3 Release
ZACKS· 2025-04-24 15:08
Core Viewpoint - The market anticipates Malibu Boats (MBUU) to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus EPS estimate for Malibu Boats is $0.67 per share, reflecting a year-over-year increase of +6.4%, while revenues are projected at $223.9 million, up 10.1% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 4.18%, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Malibu Boats is higher than the consensus estimate, resulting in a positive Earnings ESP of +10.04%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - In the last reported quarter, Malibu Boats exceeded the expected earnings of $0.21 per share by delivering $0.31, resulting in a surprise of +47.62%. The company has beaten consensus EPS estimates three out of the last four quarters [12][13]. Investment Considerations - While a potential earnings beat is a positive indicator, other factors may influence stock performance, making it essential to consider the broader context beyond just earnings results [14][16].
MasterCraft Boat Holdings, Inc. (MCFT) Surges 13.9%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 13:51
Company Overview - MasterCraft Boat Holdings, Inc. (MCFT) shares increased by 13.9% to close at $16.75, following a notable trading volume and a previous loss of 14.8% over the past four weeks [1] - The surge in share price is linked to President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, which has renewed investor optimism [1] Earnings Expectations - MasterCraft is expected to report quarterly earnings of $0.18 per share, reflecting a year-over-year decline of 51.4% [2] - Revenue projections stand at $75.37 million, down 21.3% compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for MasterCraft has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - In comparison, Malibu Boats (MBUU), a competitor in the same industry, saw a 12.6% increase in its stock price, closing at $28.35, but has returned -19.6% over the past month [3] Competitor Analysis - Malibu Boats has a revised consensus EPS estimate of $0.66, which is a 4.8% increase from the previous year, but has seen a change of -6.2% over the past month [4] - Malibu currently holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to MasterCraft [4]
Should Value Investors Buy Malibu Boats (MBUU) Stock?
ZACKS· 2025-02-03 15:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights Malibu Boats (MBUU) as a strong value stock based on its financial metrics and rankings [2][4][7] Group 1: Value Investing Strategy - Value investing focuses on identifying companies that are undervalued by the market using fundamental analysis and established metrics [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the "Value" category [3] Group 2: Malibu Boats (MBUU) Financial Metrics - MBUU holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential as a value stock [4] - The stock has a P/E ratio of 12.13, significantly lower than the industry average of 30.77, suggesting it is undervalued [4] - MBUU's P/S ratio is 1.02, which is comparable to the industry average of 1.03, indicating solid sales performance [5] - The P/CF ratio for MBUU is 18.89, which is attractive compared to the industry's average of 28.41, reflecting a strong cash outlook [6] - Over the past 52 weeks, MBUU's P/CF has ranged from 8.21 to 22.01, with a median of 11.37, further supporting its undervaluation [6] Group 3: Investment Outlook - The combination of MBUU's financial metrics and strong earnings outlook positions it as a compelling value stock at the moment [7]
Malibu Boats Expectedly Cut Its Guidance After Q2 Stabilization
Seeking Alpha· 2025-02-01 04:32
Group 1 - Malibu Boats, Inc. reported fiscal Q2 results for late-2024, exceeding expectations with a smaller decline than anticipated, leading to an initial increase in stock price [1] - The company is focused on small cap investments, emphasizing the importance of understanding financial drivers and utilizing DCF model valuation to identify mispriced securities [1] Group 2 - The investment philosophy of the company encompasses a broad approach, not confined to traditional value, dividend, or growth investing, but rather assessing all prospects to determine risk-to-reward [1]
Malibu Boats Q2 Earnings & Revenues Surpass Estimates, Fall Y/Y
ZACKS· 2025-01-31 13:06
Core Viewpoint - Malibu Boats, Inc. (MBUU) reported second-quarter fiscal 2025 results with earnings and revenues exceeding the Zacks Consensus Estimate, although both metrics declined year-over-year [1][3]. Financial Performance - Adjusted earnings per share (EPS) for the fiscal second quarter were 31 cents, surpassing the Zacks Consensus Estimate of 21 cents, down from 57 cents in the prior-year quarter [3]. - Quarterly revenues reached $200.3 million, exceeding the Zacks Consensus Estimate of $191 million by 5.1%, but reflecting a 5.1% decline year-over-year due to lower unit volumes in the Malibu and Saltwater Fishing segments [4]. - The Malibu segment's net sales decreased 3% year-over-year to $74.1 million, while the Saltwater Fishing segment saw a 15.2% decline to $70.2 million, primarily due to reduced wholesale shipments [5]. - Conversely, revenues from the Cobalt segment increased 7.8% year-over-year to $56 million, driven by higher unit sales and inflation-related price increases [6]. Operating Highlights - Selling and marketing expenses rose 6.7% year-over-year to $6 million, accounting for 3.0% of sales, an increase of 30 basis points [7]. - General and administrative expenses surged to $26.5 million from $15.4 million in the prior-year quarter, influenced by legal fees and compensation costs [8]. - Operating income fell to $3.2 million from $14.7 million year-over-year, while adjusted EBITDA decreased to $16.9 million from $22.9 million, with an adjusted EBITDA margin of 8.4% compared to 10.9% in the previous year [9]. Balance Sheet - As of December 31, 2024, cash totaled $35.1 million, up from $26.9 million on June 30, 2024, while inventory slightly decreased to $144.9 million from $145.6 million [10]. - Long-term debt stood at $23 million as of December 31, 2024 [11]. Fiscal Outlook - For fiscal 2025, the company anticipates net sales to be flat to down low single digits year-over-year, with an expected adjusted EBITDA margin of approximately 10% [12].
Malibu Boats (MBUU) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-01-30 14:25
Core Viewpoint - Malibu Boats reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, but down from $0.57 per share a year ago, indicating a 47.62% earnings surprise [1] - The company generated revenues of $200.28 million for the quarter, surpassing the Zacks Consensus Estimate by 5.10%, although this represents a decline from $211.07 million year-over-year [2] Earnings Performance - Over the last four quarters, Malibu Boats has surpassed consensus EPS estimates three times, demonstrating a positive trend in earnings performance [2] - The recent earnings report reflects a significant surprise, with a previous expectation of a loss of $0.15 per share turning into an actual earnings of $0.08, resulting in a 153.33% surprise [1] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3] - Current consensus EPS estimate for the upcoming quarter is $0.94 on revenues of $238.35 million, and for the current fiscal year, it is $2.35 on revenues of $845.66 million [7] Industry Context - The Leisure and Recreation Products industry, to which Malibu Boats belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions could be beneficial for investors [5]