MasterBrand (NYSE:MBC) Raised to “Hold” at DA Davidson

MasterBrand (NYSE:MBC) was upgraded by DA Davidson to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other analysts have also recently commented on the stock. Wall Street Zen raised shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a research note on Monday, July 13th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $10.00.

MasterBrand Trading Down 3.0%

MasterBrand stock opened at $9.04 on Monday. The stock has a 50-day moving average price of $9.06 and a 200 day moving average price of $9.06. MasterBrand has a 52 week low of $6.61 and a 52 week high of $14.22. The stock has a market cap of $1.84 billion, a PE ratio of -13.11 and a beta of 1.44. The company has a current ratio of 1.76, a quick ratio of 1.04 and a debt-to-equity ratio of 0.70.

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

Insider Buying and Selling at MasterBrand

In other MasterBrand news, CFO Andrea Helen Simon purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of $8.56 per share, for a total transaction of $42,800.00. Following the completion of the acquisition, the chief financial officer owned 497,341 shares of the company’s stock, valued at approximately $4,257,238.96. This represents a 1.02% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Philip D. Fracassa purchased 5,000 shares of MasterBrand stock in a transaction on Thursday, June 11th. The shares were acquired at an average cost of $9.11 per share, for a total transaction of $45,550.00. Following the completion of the transaction, the director owned 45,041 shares of the company’s stock, valued at $410,323.51. This represents a 12.49% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 81,587 shares of company stock worth $696,347. Company insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its position in shares of MasterBrand by 1,333.5% in the second quarter. California State Teachers Retirement System now owns 2,372,215 shares of the company’s stock worth $230,536,000 after buying an additional 2,206,726 shares during the period. HB Wealth Management LLC acquired a new position in MasterBrand during the 2nd quarter worth approximately $124,000. Odyssean LLC boosted its holdings in MasterBrand by 186.5% in the 2nd quarter. Odyssean LLC now owns 49,037 shares of the company’s stock worth $505,000 after acquiring an additional 31,923 shares during the period. Nykredit A S acquired a new stake in MasterBrand in the second quarter valued at approximately $40,000. Finally, Ancora Advisors LLC grew its position in MasterBrand by 62.8% in the second quarter. Ancora Advisors LLC now owns 672,221 shares of the company’s stock valued at $6,917,000 after acquiring an additional 259,198 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Company Profile

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.