MasterBrand (NYSE:MBC) Trading Up 8.7% – Still a Buy?

MasterBrand, Inc. (NYSE:MBCGet Free Report)’s stock price shot up 8.7% on Wednesday . The company traded as high as $8.77 and last traded at $8.9750. 615,499 shares changed hands during trading, a decline of 75% from the average session volume of 2,429,568 shares. The stock had previously closed at $8.26.

Analysts Set New Price Targets

A number of brokerages have weighed in on MBC. Wall Street Zen lowered shares of MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings lowered shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

View Our Latest Report on MBC

MasterBrand Stock Performance

The stock has a market capitalization of $1.15 billion, a PE ratio of -450.02 and a beta of 1.54. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.08 and a quick ratio of 1.31. The business’s fifty day moving average price is $8.21 and its 200-day moving average price is $10.18.

MasterBrand (NYSE:MBCGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The firm had revenue of $618.00 million for the quarter, compared to the consensus estimate of $591.35 million. During the same period in the prior year, the firm posted $0.18 earnings per share. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Institutional Investors Weigh In On MasterBrand

A number of institutional investors and hedge funds have recently modified their holdings of the company. ProShare Advisors LLC raised its stake in MasterBrand by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock valued at $273,000 after purchasing an additional 767 shares in the last quarter. Jones Financial Companies Lllp raised its stake in MasterBrand by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after purchasing an additional 1,177 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in MasterBrand by 1.4% in the second quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock valued at $970,000 after purchasing an additional 1,230 shares in the last quarter. Amalgamated Bank raised its stake in MasterBrand by 3.4% in the third quarter. Amalgamated Bank now owns 37,519 shares of the company’s stock valued at $494,000 after purchasing an additional 1,250 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in MasterBrand by 10.0% in the fourth quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock valued at $172,000 after purchasing an additional 1,409 shares in the last quarter. 87.32% of the stock is owned by hedge funds and other institutional investors.

About MasterBrand

(Get Free Report)

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.

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