Malibu Boats Q4 sales beat on Saxdor acquisition, favorable product mix
MBUU•Analyst views and valuation
The current average analyst rating on the shares is buy, with 4 strong buy or buy ratings, 6 hold ratings, and no sell or strong sell ratings.
The median 12-month price target is $35.00, about 31.4% above the August 26 closing price of $26.64. The stock recently traded at 11 times next 12-month earnings, versus a P/E of 14 three months ago.
Fiscal 2027 outlook and capital return
Malibu Boats expects fiscal 2027 net sales of $1.08 billion to $1.12 billion and adjusted EBITDA between $101 million and $109 million.
The company also authorized a new $70 million share repurchase program for fiscal 2027. It said macro disruptions continue to pressure payment buyers, posing a near-term headwind.
Q4 results beat on acquisition growth and product mix
Malibu Boats said fourth-quarter sales rose 42.7%, beating analyst expectations, while adjusted earnings per share also topped consensus. The company said results were driven by the Saxdor acquisition and a favorable model mix.
