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Malibu Boats, Inc. (MBUU) Reaches $39.87 High on May, 2; Last Week WestJet Airlines Ltd. (TSE:WJA) Analysts

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Among 9 analysts covering Westjet Airlines Ltd. (TSE:WJA), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Westjet Airlines Ltd. had 44 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, July 22 the stock rating was upgraded by Macquarie Research to “Outperform”. As per Friday, January 29, the company rating was downgraded by Bank of America. TD Securities downgraded the stock to “Hold” rating in Wednesday, November 2 report. The firm has “Sector Perform” rating given on Wednesday, November 4 by RBC Capital Markets. The stock has “Neutral” rating by IBC on Thursday, January 5. Scotia Capital maintained WestJet Airlines Ltd. (TSE:WJA) rating on Friday, September 4. Scotia Capital has “Outperform” rating and $32.50 target. The firm has “Outperform” rating given on Wednesday, February 8 by Scotia Capital. On Monday, June 26 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The rating was maintained by Scotia Capital on Wednesday, January 11 with “Outperform”. The company was maintained on Wednesday, November 2 by RBC Capital Markets. See WestJet Airlines Ltd. (TSE:WJA) latest ratings:

08/12/2017 Broker: JP Morgan Rating: Old Target: $27.00 New Target: $30.00 Target Up

The stock of Malibu Boats, Inc. (NASDAQ:MBUU) reached all time high today, May, 2 and still has $43.06 target or 8.00% above today’s $39.87 share price. This indicates more upside for the $860.79 million company. This technical setup was reported by If the $43.06 PT is reached, the company will be worth $68.86 million more. The stock increased 18.97% or $6.3584 during the last trading session, reaching $39.8684. About 307,512 shares traded or 49.20% up from the average. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 55.32% since May 2, 2017 and is uptrending. It has outperformed by 43.77% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 2 insider sales for $1.76 million activity. $1.25M worth of Malibu Boats, Inc. (NASDAQ:MBUU) was sold by Springer Jackie D. Jr. on Monday, December 11. 15,000 shares were sold by Gasper Dan L., worth $512,250.

Among 8 analysts covering Malibu Boats (NASDAQ:MBUU), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Malibu Boats had 20 analyst reports since August 11, 2015 according to SRatingsIntel. B. Riley & Co downgraded Malibu Boats, Inc. (NASDAQ:MBUU) on Monday, August 28 to “Neutral” rating. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Monday, February 12 report. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Market Perform” rating given on Tuesday, May 10 by BMO Capital Markets. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Outperform” rating by BMO Capital Markets on Monday, November 13. As per Monday, October 2, the company rating was initiated by Aegis Capital. The firm has “Buy” rating given on Monday, February 12 by BMO Capital Markets. KeyBanc Capital Markets initiated Malibu Boats, Inc. (NASDAQ:MBUU) rating on Tuesday, August 11. KeyBanc Capital Markets has “Overweight” rating and $24 target. The company was maintained on Friday, February 9 by SunTrust. The company was maintained on Wednesday, November 8 by B. Riley & Co. The rating was upgraded by Zacks on Tuesday, September 22 to “Hold”.

Investors sentiment decreased to 1.15 in 2017 Q4. Its down 0.36, from 1.51 in 2017Q3. It turned negative, as 14 investors sold Malibu Boats, Inc. shares while 47 reduced holdings. 27 funds opened positions while 43 raised stakes. 20.31 million shares or 0.29% more from 20.25 million shares in 2017Q3 were reported. Aqr Cap Ltd Com invested in 12,549 shares or 0% of the stock. State Common Retirement Fund invested in 35,368 shares. Royal Bancorp Of Canada holds 0.02% or 1.37 million shares. Chicago Equity Limited Liability Company has invested 0.12% in Malibu Boats, Inc. (NASDAQ:MBUU). Alliancebernstein L P has invested 0% in Malibu Boats, Inc. (NASDAQ:MBUU). Goldman Sachs Gp accumulated 211,658 shares or 0% of the stock. First Quadrant L P Ca owns 5,300 shares. Raymond James Associate holds 24,085 shares. Laurion Management L P invested 0% in Malibu Boats, Inc. (NASDAQ:MBUU). State Teachers Retirement System reported 1,800 shares or 0% of all its holdings. Renaissance Tech Ltd Liability Com holds 0.02% or 541,104 shares. Citigroup Incorporated reported 0% stake. Eam Ltd Liability invested in 66,956 shares or 0.26% of the stock. Envestnet Asset Mngmt owns 3,622 shares. California State Teachers Retirement System holds 32,119 shares or 0% of its portfolio.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $860.79 million. The firm offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. It has a 44.25 P/E ratio. The Company’s boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating.

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company has market cap of $2.61 billion. The firm offers scheduled flights; operates WestJet Vacations that provides air, hotel, car, and excursion packages, as well as WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and provides cargo and charter services. It has a 9.44 P/E ratio. As of December 31, 2016, it operated a fleet of 115 Boeing 737 Next Generation aircraft, 34 Bombardier Q400 aircraft, and 4 Boeing 767-300ERW aircraft for approximately 104 destinations in North America, Central America, the Caribbean, and Europe.

The stock increased 0.79% or $0.18 during the last trading session, reaching $22.85. About 29,381 shares traded. WestJet Airlines Ltd. (TSE:WJA) has 0.00% since May 2, 2017 and is . It has underperformed by 11.55% the S&P500.

Malibu Boats, Inc. (NASDAQ:MBUU) Institutional Positions Chart

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