MasterBrand (NYSE:MBC) Stock Price Up 8.7% – Here’s What Happened

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

Analyst Ratings Changes

MBC has been the topic of a number of recent research reports. 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 downgraded shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

MasterBrand Price Performance

The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $1.16 billion, a PE ratio of -453.02 and a beta of 1.54. The stock’s 50-day moving average is $8.25 and its two-hundred day moving average is $10.16.

MasterBrand (NYSE:MBC) last released its earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.10. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The firm had revenue of $618.00 million for the quarter, compared to analysts’ expectations of $591.35 million. During the same quarter in the prior year, the firm posted $0.18 earnings per share. The company’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.

Hedge Funds Weigh In On MasterBrand

Hedge funds have recently bought and sold shares of the business. EMG Holdings L.P. bought a new position in MasterBrand during the 3rd quarter worth about $2,174,000. JPMorgan Chase & Co. increased its position in MasterBrand by 353.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 695,128 shares of the company’s stock valued at $9,155,000 after purchasing an additional 541,748 shares during the period. SG Americas Securities LLC raised its holdings in shares of MasterBrand by 6,255.0% in the 4th quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock valued at $8,146,000 after purchasing an additional 726,263 shares in the last quarter. Denali Advisors LLC bought a new stake in shares of MasterBrand in the 3rd quarter valued at about $3,179,000. Finally, Public Sector Pension Investment Board lifted its position in shares of MasterBrand by 14.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 494,325 shares of the company’s stock worth $6,510,000 after purchasing an additional 61,527 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.