Stock Rating Upgrade
In the last week the Value Trend Rating for Malibu Boats Inc (NASDAQ: MBUU) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Malibu Boats Inc (NASDAQ: MBUU) stock closed at $32.64 on 5/3/24 after a large increase of 2.7%. Moreover, this advance was accompanied by unusually high trading volume at 193% of normal. The stock has declined -3.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MBUU is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Malibu Boats has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Malibu Boats has a good Appreciation Score of 82 but a very low Power Rating of 7, leading to the Low Neutral Value Trend Rating.
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