Investors in Malibu Boats, Inc. (MBUU) need to pay close attention to the stock based on moves in the options market lately. That is because the Feb 21, 2025 $17.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could al ...

Malibu Boats (MBUU) has been on a downward spiral lately with significant selling pressure. After declining 5.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

LOUDON, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its second quarter fiscal 2025 financial results on Thursday, January 30, 2025, before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu’s Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts ar ...

Core Points - Malibu Boats, Inc. announced the retirement of President Ritchie Anderson effective February 7, 2025, with CEO Steve Menneto taking over the presidency and Donna Tallent leading operations [1][3] - Ritchie Anderson has over 40 years of experience in the powerboat manufacturing industry, including 12 years at Malibu Boats, where he held various leadership roles [2][3] - Anderson's leadership has been pivotal in establishing Malibu Boats as an industry leader, fostering a culture of operational excellence and building a strong leadership team [3] Company Overview - Malibu Boats, Inc. is based in Loudon, Tennessee, and is a leading designer, manufacturer, and marketer of recreational powerboats, including performance sport, sterndrive, and outboard boats [4] - The company is recognized as the market leader in the performance sport boat category through its Malibu and Axis brands, and also leads in the 20' - 40' segment of the sterndrive category with its Cobalt brand [4] - Malibu Boats, Inc. is an innovator in the powerboat industry, catering to a diverse range of recreational boaters and water sports enthusiasts [4]

After reaching an important support level, Malibu Boats (MBUU) could be a good stock pick from a technical perspective. MBUU surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend.MBUU could be on the ...

Company Overview - Malibu Boats, Inc. (NASDAQ: MBUU) reported weak financial results for fiscal Q1 on October 31, indicating ongoing challenges within the industry [1] - Despite the weak performance, there are signs of sequential stabilization in the quarter [1] Financial Performance - The company continues to face turbulence in the industry, which has impacted its financials [1] - The specific financial metrics for the quarter were not detailed in the provided content, but the overall sentiment indicates a struggle [1]

Financial Data and Key Metrics Changes - Net sales decreased by approximately 33% year-over-year to $171.6 million, with unit volume down 39.7% to 1,024 units [9][23] - Gross profit decreased 50.3% to $28.2 million, with gross margin at 16.4%, down from 22.2% in the prior year [25] - GAAP net income for the quarter decreased 124.8% to a net loss of $5.1 million, while adjusted EBITDA decreased 74.6% to $9.9 million, with adjusted EBITDA margin dropping to 5.8% from 15.2% [29] Business Line Data and Key Metrics Changes - Malibu and Axis brands represented approximately 37.5% of unit sales, while Saltwater fishing accounted for 29.3% and Cobalt made up 33.2% [24] - Consolidated net sales per unit increased 11.2% to $167,559 per unit, driven by favorable model mix and modest inflation-driven price increases [24] Market Data and Key Metrics Changes - The company noted a challenging market environment driven by macroeconomic factors and slower retail demand, with expectations for continued decline in retail demand for the remainder of the fiscal year [10][32] - Positive market share gains were reported, with Cobalt gaining 200 basis points in the Sterndrive segment and Pathfinder gaining 400 basis points in the Bay Boat segment [18] Company Strategy and Development Direction - The company is focused on maintaining disciplined control over dealer inventories and adjusting production levels accordingly [11] - Plans to host an Investor Day in 2025 to discuss long-term strategy, operational excellence, and product innovation [22] - The company is optimistic about its competitive positioning and is prepared to support a resurgence in demand when the market recovers [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to execute its long-term strategy despite near-term uncertainties, maintaining full-year guidance with expectations for low single-digit percentage increase in net sales [33] - The recent interest rate cuts are seen as a positive development, although the company does not speculate on future rate cuts [31][62] Other Important Information - The company has completed capacity expansion projects, allowing for increased shipments if the retail market recovers sooner than anticipated [21] - The company continues to execute on capital allocation priorities, repurchasing $10 million of stock in the quarter [30] Q&A Session Summary Question: Can you elaborate on the strength of ASPs in the quarter and their sustainability? - Management indicated that ASPs were driven by a premium mix, particularly with new Malibu models [38] Question: What are the expectations for promotional activity during the boat show season? - Management expects a competitive environment but noted that promotional spending has improved sequentially [41] Question: What observations have been made regarding opportunities or challenges in operations? - Management highlighted operational strength as a core aspect of the business and emphasized the need to monitor market dynamics [44] Question: What drove the positive surprise in the quarter? - New product performance and innovation were cited as key drivers of better-than-expected sales and margins [53] Question: How does the company view the impact of hurricane-related insurance claims on dealer destocking? - Management expressed caution, stating that reliance on insurance payouts for guidance is not advisable [66] Question: What are the expectations regarding input cost inflation? - Management noted modest inflation but does not expect significant deflation, with benefits expected from increased volumes [76]

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Malibu Boats, Inc. (NASDAQ: MBUU) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Malibu Boats insiders caused the company to misrepresent or fail to disclose that (1) Malibu Boats had engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow mov ...

Malibu Boats (MBUU) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.15 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 153.33%. A quarter ago, it was expected that this maker of performance sports boats would post a loss of $0.31 per share when it actually produced a loss of $0.39, delivering a surprise of -25.81%.Over the l ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36290 Delaware | --- | --- | |--------------------------------------------------------------|------------- ...