DA Davidson Reaffirms “Neutral” Rating for MasterBrand (NYSE:MBC)

MasterBrand (NYSE:MBC)‘s stock had its “neutral” rating reissued by research analysts at DA Davidson in a report released on Tuesday, Benzinga reports. They currently have a $10.00 price target on the stock. DA Davidson‘s price objective would suggest a potential upside of 45.05% from the company’s previous close.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a report on Friday, October 9th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $10.00.

MasterBrand Trading Up 3.2%

Shares of MBC traded up $0.21 during midday trading on Tuesday, hitting $6.89. The stock had a trading volume of 2,921,200 shares, compared to its average volume of 2,631,228. MasterBrand has a fifty-two week low of $6.17 and a fifty-two week high of $13.95. The business has a 50-day simple moving average of $7.51 and a two-hundred day simple moving average of $9.00. The firm has a market cap of $1.40 billion, a P/E ratio of -9.99 and a beta of 1.48. 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 announced its 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 during the quarter, compared to analyst estimates of $743.05 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Activity at MasterBrand

In other news, EVP Kurt Wanninger sold 50,000 shares of MasterBrand 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 completion of the sale, the executive vice president directly owned 201,199 shares in the company, valued at $1,855,054.78. The trade was a 19.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of MasterBrand

A number of institutional investors have recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC acquired a new stake in MasterBrand in the third quarter valued at approximately $102,000. Envestnet Portfolio Solutions Inc. acquired a new stake in MasterBrand in the second quarter valued at approximately $449,000. Sequoia Financial Advisors LLC acquired a new stake in MasterBrand in the second quarter valued at approximately $435,000. Integrated Wealth Concepts LLC acquired a new stake in MasterBrand in the second quarter valued at approximately $38,000. Finally, Arizona State Retirement System lifted its stake in 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 acquiring an additional 18,318 shares during the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.

About MasterBrand

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

MasterBrand offers a range of cabinet styles, materials, finishes and price points through a portfolio of brands that includes Aristokraft, Cabinetry by Karman, Decora, Diamond, Homecrest, Kemper, Mantra, Omega and Schrock. Its products are sold through home improvement and specialty retailers, independent dealers, builders and other trade customers.

The company is based in Jasper, Indiana, and serves customers primarily in the United States and Canada.