MasterBrand, Inc. (NYSE:MBC – Get Free Report)’s stock price traded down 5.9% during mid-day trading on Thursday . The stock traded as low as $8.00 and last traded at $7.9970. 1,838,026 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 2,685,153 shares. The stock had previously closed at $8.50.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on MBC shares. Weiss Ratings lowered shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.
Read Our Latest Report on MasterBrand
MasterBrand Stock Performance
MasterBrand (NYSE:MBC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.10. The company had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. MasterBrand’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.
Insiders Place Their Bets
In other news, CEO R David Banyard acquired 60,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average cost of $8.43 per share, for a total transaction of $505,800.00. Following the transaction, the chief executive officer directly owned 1,831,788 shares in the company, valued at approximately $15,441,972.84. This represents a 3.39% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 2.04% of the stock is currently owned by company insiders.
Institutional Trading of MasterBrand
Hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in MasterBrand by 696.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after purchasing an additional 2,634 shares in the last quarter. Axiom Investment Management LLC purchased a new position in shares of MasterBrand during the 1st quarter worth approximately $29,000. IFP Advisors Inc lifted its holdings in shares of MasterBrand by 124.4% in the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after buying an additional 1,946 shares during the period. Clearstead Advisors LLC boosted its stake in shares of MasterBrand by 165.2% in the fourth quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after buying an additional 2,634 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of MasterBrand by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after buying an additional 1,177 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.
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