MasterBrand’s (MBC) “Neutral” Rating Reaffirmed at DA Davidson

MasterBrand (NYSE:MBC – Get Free Report)‘s stock had its “neutral” rating reaffirmed by equities research analysts at DA Davidson in a research report issued on Tuesday, Benzinga reports. They presently have a $10.00 price objective on the stock. DA Davidson‘s price target would suggest a potential upside of 46.74% from the company’s current price.

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

Read Our Latest Analysis on MBC

MasterBrand Trading Up 2.0%

Shares of MasterBrand stock traded up $0.14 during trading on Tuesday, reaching $6.82. 1,372,917 shares of the company were exchanged, compared to its average volume of 2,622,582. The company has a quick ratio of 1.04, a current ratio of 1.76 and a debt-to-equity ratio of 0.70. MasterBrand has a twelve month low of $6.17 and a twelve month high of $13.95. The business has a 50-day moving average price of $7.51 and a 200-day moving average price of $9.00. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of -9.88 and a beta of 1.48.

MasterBrand (NYSE:MBC – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05). MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The company had revenue of $815.20 million during the quarter, compared to analyst estimates of $743.05 million. During the same period in the previous year, the company posted $0.40 EPS. The company’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.

Insiders Place Their Bets

In other MasterBrand 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 transaction, the executive vice president directly owned 201,199 shares in the company, valued at approximately $1,855,054.78. The trade was a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On MasterBrand

A number of hedge funds have recently modified their holdings of MBC. Axiom Investment Management LLC acquired a new position in shares of MasterBrand in the 1st quarter valued at approximately $29,000. Integrated Wealth Concepts LLC acquired a new stake in MasterBrand during the 2nd quarter worth approximately $38,000. Nykredit A S bought a new position in MasterBrand in the second quarter valued at approximately $40,000. Trust Co. of Vermont bought a new position in MasterBrand in the second quarter valued at approximately $64,000. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of MasterBrand in the third quarter valued at approximately $102,000. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Company Profile

(Get Free Report)

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.

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