MasterBrand (NYSE:MBC) Trading Up 6.5% – Time to Buy?

MasterBrand, Inc. (NYSE:MBCGet Free Report)’s share price traded up 6.5% during mid-day trading on Tuesday . The stock traded as high as $7.23 and last traded at $7.2650. 740,671 shares were traded during mid-day trading, a decline of 71% from the average session volume of 2,591,689 shares. The stock had previously closed at $6.82.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Finally, DA Davidson assumed coverage on MasterBrand in a research report on Monday, August 24th. They set a “neutral” rating and a $10.00 target price on the stock. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, MasterBrand currently has a consensus rating of “Reduce” and a consensus target price of $10.00.

Read Our Latest Stock Analysis on MBC

MasterBrand Stock Up 7.3%

The company has a fifty day moving average price of $8.47 and a 200-day moving average price of $8.54. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. The firm has a market capitalization of $1.49 billion, a PE ratio of -10.60 and a beta of 1.43.

MasterBrand (NYSE:MBCGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). The business had revenue of $815.20 million during the quarter, compared to the consensus estimate of $743.05 million. MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Transactions at MasterBrand

In other MasterBrand news, EVP Kurt Wanninger sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total value of $461,000.00. Following the completion of the sale, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Paradigm Capital Management Inc. NY acquired a new position in MasterBrand during the 2nd quarter valued at approximately $47,526,000. Cooke & Bieler LP acquired a new position in MasterBrand in the 4th quarter worth about $31,255,000. Monarch Alternative Capital LP purchased a new position in MasterBrand during the first quarter worth approximately $16,620,000. Ancora Advisors LLC purchased a new position in MasterBrand during the second quarter worth approximately $6,917,000. Finally, Dimensional Fund Advisors LP grew its holdings in MasterBrand by 6.8% in the first quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock valued at $58,256,000 after purchasing an additional 447,352 shares during the period. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Company Profile

(Get Free Report)

MasterBrand, Inc (NYSE:MBC) is a manufacturer and distributor of residential cabinetry. The company provides cabinets and related storage solutions for kitchens, bathrooms, home offices, entertainment areas and other living spaces.

MasterBrand serves homeowners, homebuilders, remodelers and professional contractors through a network of dealers, specialty retailers, home improvement centers and other distribution channels. Its portfolio includes a range of cabinet styles, construction options and price points designed for both new construction and remodeling projects.

The company’s brands have included well-known names such as Aristokraft, Diamond, Decora, Kemper, KraftMaid, Omega and Thomasville Cabinetry.

Further Reading

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