Added to YB: 2024-05-02
Pitch date: 2024-04-29
MBUU [bullish]
Malibu Boats, Inc.
-14.42%
current return
Author Info
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Company Info
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells various recreational powerboats.
Market Cap
$488.7M
Pitch Price
$34.54
Price Target
52.59 (+78%)
Dividend
N/A
EV/EBITDA
6.45
P/E
25.85
EV/Sales
0.58
Sector
Leisure Products
Category
growth
Malibu Boats Inc. (NasdaqGM:MBUU)
MBUU: Signs of boat demand recovery emerging after tough COVID comps & supply chain disruptions. Huge market share opportunity in $13B outboard segment via recent acquisitions. 89% variable cost structure aids margin resilience. 15.6% 3yr IRR on continued EPS growth despite litigation & cyclical risks. 7.9x FY25 P/E vs 12x historical avg.
Read full article (6 min)