MasterBrand (NYSE:MBC) Shares Climb 6.7% – Still a Buy?

MasterBrand, Inc. (NYSE:MBC) was up 6.7% during trading on Thursday. The company traded as high as $6.83 and last traded at $6.8950. Approximately 146,007 shares were traded during mid-day trading, a decline of 94% from the average session volume of 2,629,498 shares. The stock had previously closed at $6.46.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a research note on Friday, October 9th. Finally, DA Davidson initiated coverage on shares of MasterBrand in a report on Monday, August 24th. They issued a “neutral” rating and a $10.00 price objective on the stock. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $10.00.

MasterBrand Stock Up 6.3%

The company has a debt-to-equity ratio of 0.70, a current ratio of 1.76 and a quick ratio of 1.04. The business has a 50 day simple moving average of $7.87 and a 200 day simple moving average of $8.36. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -9.93 and a beta of 1.48.

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

Insider Transactions at MasterBrand

In related news, EVP Kurt Wanninger sold 50,000 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $9.22, for a total transaction of $461,000.00. Following the transaction, the executive vice president owned 201,199 shares of the company’s stock, valued at approximately $1,855,054.78. This represents a 19.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

Institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. purchased a new stake in MasterBrand during the second quarter worth about $449,000. Sequoia Financial Advisors LLC acquired a new stake in shares of MasterBrand during the second quarter worth about $435,000. Integrated Wealth Concepts LLC acquired a new stake in shares of MasterBrand during the second quarter worth about $38,000. Arizona State Retirement System boosted its stake in shares of MasterBrand by 52.7% in the second quarter. Arizona State Retirement System now owns 53,108 shares of the company’s stock valued at $546,000 after purchasing an additional 18,318 shares during the period. Finally, Nykredit A S purchased a new position in shares of MasterBrand in the second quarter valued at approximately $40,000. 87.32% of the stock is owned by institutional investors and hedge funds.

MasterBrand Company Profile

MasterBrand, Inc (NYSE:MBC) is a manufacturer and distributor of residential cabinetry. The company supplies cabinets and related products for kitchens, bathrooms, home offices, entertainment areas and other living spaces, serving both new construction and remodeling markets.

MasterBrand offers cabinetry across a range of styles, price points and design categories through a portfolio of recognized brands, including Aristokraft, Diamond, Omega, Decora, Kemper, Schrock and Thomasville Cabinetry.