MasterBrand (NYSE:MBC) Trading Up 8.5% – Here’s What Happened

MasterBrand, Inc. (NYSE:MBC)’s stock price rose 8.5% on Monday . The stock traded as high as $8.88 and last traded at $8.9520. 167,417 shares changed hands during trading, a decline of 94% from the average daily volume of 2,651,219 shares. The stock had previously closed at $8.25.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MBC. Wall Street Zen upgraded MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a research report on Monday, July 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

MasterBrand Stock Performance

The stock has a market cap of $1.14 billion, a P/E ratio of -446.53 and a beta of 1.44. The stock has a fifty day simple moving average of $8.90 and a 200-day simple moving average of $9.46. The company has a quick ratio of 1.31, a current ratio of 2.08 and a debt-to-equity ratio of 0.82.

MasterBrand (NYSE:MBC) last issued its earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $591.35 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The business’s quarterly revenue was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Insider Buying and Selling at MasterBrand

In other news, Director David D. Petratis purchased 11,587 shares of the company’s stock in a transaction on Monday, June 8th. The shares were purchased at an average price of $8.82 per share, with a total value of $102,197.34. Following the purchase, the director directly owned 69,915 shares of the company’s stock, valued at $616,650.30. This trade represents a 19.87% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO R David Banyard acquired 60,000 shares of the stock in a transaction dated Monday, June 1st. The stock was acquired at an average price of $8.43 per share, for a total transaction of $505,800.00. Following the completion of the acquisition, the chief executive officer directly owned 1,831,788 shares of the company’s stock, valued at $15,441,972.84. The trade was a 3.39% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 81,587 shares of company stock worth $696,347 in the last quarter. Company insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

Several hedge funds have recently modified their holdings of the stock. Pertento Partners LLP acquired a new position in MasterBrand during the fourth quarter worth $42,835,000. Coliseum Capital Management LLC lifted its stake in MasterBrand by 42.4% in the fourth quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock valued at $118,930,000 after acquiring an additional 3,209,323 shares during the last quarter. Cooke & Bieler LP acquired a new stake in MasterBrand in the fourth quarter valued at $31,255,000. Monarch Alternative Capital LP bought a new position in shares of MasterBrand in the 1st quarter valued at about $16,620,000. Finally, Stonehill Capital Management LLC grew its position in shares of MasterBrand by 311.5% in the 3rd quarter. Stonehill Capital Management LLC now owns 1,954,780 shares of the company’s stock valued at $25,744,000 after acquiring an additional 1,479,780 shares during the period. Institutional investors 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.