Malibu Boats Inc (NASDAQ: MBUU) stock closed at $32.97 on 7/24/24 after a major decline of -12.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 222% of normal. The stock has declined -13.7% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Malibu Boats has a good Appreciation Score of 74 but a very low Power Rating of 6, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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