Latest news with #MalibuBoats
Yahoo
a day ago
- Automotive
- Yahoo
Malibu Boats Celebrates the Return of the Just Ride Tour, Powered by GM Marine
Towed by the Chevrolet Silverado 3500HD High Country, the 2025 Just Ride Tour returns for another summer on the road with the Malibu Boats dealer network and the Malibu Wakesetter 24 MXZ The Tour Hits the Road On the Dock with the Malibu Crew Community and Coaching Come Together Tandem Stoke on the Water LOUDON, Tenn., June 09, 2025 (GLOBE NEWSWIRE) -- Malibu Boats is thrilled to announce the return of the highly-anticipated Just Ride Tour, powered by GM Marine. This annual, nationwide event series, hosted by Malibu Boats, spans across the US and Canada offering boating enthusiasts and families with an immersive, on-water experience with Malibu Boats models. This season, the 2025 Chevrolet Silverado 3500HD High Country will tow the Malibu Wakesetter 24 MXZ to over 45 stops through our dealer network, allowing boaters to experience the exceptional performance of Malibu Boats. Led by Malibu and Axis Pro Athletes, each tour stop offers 1 on 1 product demonstration, hands-on instruction from the pros, and a chance to ride and to experience the industry's best wakes & waves — all powered by Malibu Monsoon Engines. For years, Malibu Boats and GM Marine have collaborated to develop the industry-leading Monsoon engine lineup, designed to create the best wakes and waves on the water. At the top of this lineup is the GM 6.2-liter supercharged V8 LT4 engine — a powerful variant that shares its foundation with the engine found in the Chevrolet Camaro ZL1, but is specifically adapted for marine use. The LT4 engine is marinized at Malibu's factory in Loudon, Tennessee through a specialized in-house process, transforming it into the Malibu Monsoon LT4™ Supercharged Engine. Featured in the Just Ride Tour's 24 MXZ, the LT4 delivers an incredible 607 horsepower and 606lb-ft of torque—more than enough to fuel flawless wakes and waves all summer long. "We are thrilled to power the Just Ride Tour with the industry-leading Monsoon engine lineup, showcasing the exceptional performance and innovation of GM Marine and Malibu Boats," said Anthony Brower, Director of GM Powered Solutions Sales and Engineering. "This collaboration underscores our commitment to excellence and allows us to connect with boating enthusiasts across North America, delivering unforgettable moments on the water." In addition to GM Marine's presenting sponsorship, Malibu Boats is proudly supported by a hand-picked lineup of sponsors whose products enhance the Malibu and Axis experience both on and off the water including PTM Watersports, Wet Sounds, Follow Brand, Skips Boat Cleaner, and No Rivals. "The Just Ride Tour is more than a demo — it's our way of bringing the Malibu lifestyle to communities across North America," said Rob Corum, Malibu Boats Marketing Manager. "With the awesome power of GM Marine, the insight of our pro athletes, and the support from our groundbreaking partners, there's no doubt 2025 will be our biggest and best tour yet." The 2025 Just Ride Tour schedule has been released. Spots are limited, so registration is required. To find your local stop, view the full schedule, and reserve your ride, visit For more information, visit and Follow along on Instagram, YouTube, and Facebook. For more information on 2025 Chevrolet vehicles, visit About General Motors General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at About Malibu Boats Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20' - 40' segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit or Photos accompanying this announcement are available at: CONTACT: Media Contact: Malibu Boats Marketing Team connections@ (865) 458-5478Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Malibu Boats Welcomes Aquaknox Marine to Its Premier Dealer Network
Legend on the Lake - The Malibu 23 LSV LOUDON, Tenn., June 06, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, the global leader in watersports towboat innovation, is proud to welcome Aquaknox Marine to its world-class dealer network. Based in Knoxville, Tennessee, Aquaknox will now represent Malibu Boats at both of its East Tennessee locations—Aquaknox West Knoxville at Fox Road Marina on Fort Loudoun Lake and Aquaknox Norris Lake at Shanghai Resort Marina in Lafollette. Founded in 2008 by Bryan Courtney, Aquaknox Marine was built on a mission to provide a higher standard of professionalism in the boating industry—starting with transparency, honesty, and a deep respect for the customer experience. In an industry where service can often fall short, Aquaknox stands apart by delivering on their promises and maintaining a relentless focus on doing what's right, even when it's not easy. 'Sometimes, simply answering the phone and being honest—even if you can't help—is the most radical thing a marine dealer can do,' said Courtney. 'That mindset is what drives our entire team to provide the kind of straight-up, dependable service boating families deserve.' With two on-water locations and a reputation for going beyond the sale, Aquaknox has earned the trust of East Tennessee's boating community through its commitment to industry-best service, formal product knowledge, and a customer-first mentality. Now, as an authorized Malibu Boats dealer, Aquaknox will offer the full lineup of Malibu and Axis Wake boats, expanding its ability to deliver top-tier watersports experiences to even more customers. 'We're thrilled to partner with a dealer who shares our passion for innovation, performance, and delivering unforgettable experiences on the water,' said Steve Menneto, CEO of Malibu Boats. 'Aquaknox Marine's dedication to integrity and excellence makes them a perfect fit for the Malibu family.' For more information about Aquaknox Marine, visit About Malibu BoatsBased in Loudon, Tennessee, Malibu Boats, Inc. (NASDAQ: MBUU) is the world's largest manufacturer of watersports towboats, including Malibu, Axis Wake, Pursuit Boats, Maverick Boat Group, and Cobia Boats. Malibu leads the industry with cutting-edge innovations like Surf Gate®, Power Wedge®, and the Malibu Command Center™, delivering the ultimate on-water experience for wakeboarding, wakesurfing, and beyond. A photo accompanying this announcement is available at CONTACT: Media Contact: Malibu Boats Marketing Team connections@ (865) 458-5478Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Malibu Boats assumed with a Neutral at DA Davidson
DA Davidson assumed coverage of Malibu Boats (MBUU) with a Neutral rating and $33 price target Malibu shares have traded fairly flat after the company delivering its Q3 results and cut its FY25 guidance heading into its Q4, with the management indicating that its negative guidance revision was driven by retail sales remaining sluggish entering the main selling season, the analyst tells investors in a research note. Malibu Boats is controlling what it can control, but the broader macro environment remains suboptimal for a broader recovery, the firm added. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on MBUU: Disclaimer & DisclosureReport an Issue Malibu Boats Earnings Call: Mixed Sentiment and Revised Guidance Malibu Boats price target lowered to $30 from $39 at B. Riley Malibu Boats Reports Strong Q3 2025 Results Malibu Boats reports Q3 adjusted EPS 72c, consensus 74c Malibu Boats sees FY25 net sales down 3%-5%
Yahoo
09-05-2025
- Business
- Yahoo
1 Value Stock to Research Further and 2 to Think Twice About
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues. Identifying genuine bargains from value traps is something many investors struggle with, which is why we started StockStory - to help you find the best companies. Keeping that in mind, here is one value stock with strong fundamentals and two with little support. Forward P/E Ratio: 10.4x Founded in California in 1982, Malibu Boats (NASDAQ:MBUU) is a manufacturer of high-performance sports boats and luxury watercrafts. Why Should You Sell MBUU? Number of boats sold has disappointed over the past two years, indicating weak demand for its offerings Sales over the last five years were less profitable as its earnings per share fell by 28.1% annually while its revenue was flat Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions Malibu Boats is trading at $30.77 per share, or 10.4x forward P/E. Check out our free in-depth research report to learn more about why MBUU doesn't pass our bar. Forward P/E Ratio: 12.1x Established after the founder noticed the difficulty freight wagons had making sharp turns, Timken (NYSE:TKR) is a provider of industrial parts used across various sectors. Why Do We Pass on TKR? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Sales are projected to be flat over the next 12 months and imply weak demand Performance over the past two years shows each sale was less profitable as its earnings per share dropped by 9.5% annually, worse than its revenue At $68.43 per share, Timken trades at 12.1x forward P/E. To fully understand why you should be careful with TKR, check out our full research report (it's free). Forward P/E Ratio: 13.7x With roots dating back to 1968 and a network spanning 20 states, HCA Healthcare (NYSE:HCA) operates a network of 190 hospitals and 150+ outpatient facilities providing a full range of medical services across the US and England. Why Could HCA Be a Winner? Dominant market position is represented by its $71.59 billion in revenue, which creates significant barriers to entry in this highly regulated industry Share repurchases have amplified shareholder returns as its annual earnings per share growth of 20.7% exceeded its revenue gains over the last five years Market-beating returns on capital illustrate that management has a knack for investing in profitable ventures HCA Healthcare's stock price of $371.61 implies a valuation ratio of 13.7x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Malibu Boats's (NASDAQ:MBUU) Q1: Beats On Revenue
Recreational boats manufacturer Malibu Boats (NASDAQ:MBUU) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 12.4% year on year to $228.7 million. Its non-GAAP profit of $0.72 per share was 2.4% below analysts' consensus estimates. Is now the time to buy Malibu Boats? Find out in our full research report. Revenue: $228.7 million vs analyst estimates of $223.3 million (12.4% year-on-year growth, 2.4% beat) Adjusted EPS: $0.72 vs analyst expectations of $0.74 (2.4% miss) Adjusted EBITDA: $28.32 million vs analyst estimates of $26.29 million (12.4% margin, 7.7% beat) Operating Margin: 7.6%, up from -36.8% in the same quarter last year Market Capitalization: $584.3 million '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, Founded in California in 1982, Malibu Boats (NASDAQ:MBUU) is a manufacturer of high-performance sports boats and luxury watercrafts. Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Unfortunately, Malibu Boats struggled to consistently increase demand as its $759.2 million of sales for the trailing 12 months was close to its revenue five years ago. This was below our standards and is a sign of poor business quality. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. Malibu Boats's recent performance shows its demand remained suppressed as its revenue has declined by 25.5% annually over the last two years. This quarter, Malibu Boats reported year-on-year revenue growth of 12.4%, and its $228.7 million of revenue exceeded Wall Street's estimates by 2.4%. Looking ahead, sell-side analysts expect revenue to grow 16.5% over the next 12 months, an improvement versus the last two years. This projection is noteworthy and implies its newer products and services will fuel better top-line performance. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Malibu Boats's operating margin has been trending up over the last 12 months, but it still averaged negative 3.5% over the last two years. This is due to its large expense base and inefficient cost structure. This quarter, Malibu Boats generated an operating profit margin of 7.6%, up 44.4 percentage points year on year. This increase was a welcome development and shows it was more efficient. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Sadly for Malibu Boats, its EPS declined by 28.1% annually over the last five years while its revenue was flat. This tells us the company struggled because its fixed cost base made it difficult to adjust to choppy demand. In Q1, Malibu Boats reported EPS at $0.72, up from $0.67 in the same quarter last year. Despite growing year on year, this print missed analysts' estimates. Over the next 12 months, Wall Street expects Malibu Boats's full-year EPS of $0.73 to grow 306%. It was encouraging to see Malibu Boats beat analysts' revenue expectations this quarter. On the other hand, its EPS missed. Overall, this print was mixed. The market seemed to be hoping for more, and the stock traded down 4.4% to $28.36 immediately following the results. Should you buy the stock or not? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
