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

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

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a research note 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. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $10.00.

MasterBrand Stock Up 3.2%

NYSE:MBC traded up $0.21 during mid-day trading on Tuesday, hitting $6.89. The stock had a trading volume of 2,921,200 shares, compared to its average volume of 2,631,263. The stock has a 50-day simple moving average of $7.51 and a two-hundred day simple moving average of $9.00. The company has a market capitalization of $1.40 billion, a PE ratio of -9.99 and a beta of 1.48. MasterBrand has a twelve month low of $6.17 and a twelve month high of $13.95. 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 quarterly 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). The company had revenue of $815.20 million during the quarter, compared to analysts’ expectations of $743.05 million. MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 earnings per share. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Buying and Selling

In other news, EVP Kurt Wanninger sold 50,000 shares of MasterBrand stock in a transaction on 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 transaction, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. The trade was a 19.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Ancora Advisors LLC boosted its stake in shares of MasterBrand by 62.8% during the 2nd quarter. Ancora Advisors LLC now owns 672,221 shares of the company’s stock valued at $6,917,000 after buying an additional 259,198 shares during the last quarter. Bank of America Corp DE lifted its holdings in MasterBrand by 37.8% in the first quarter. Bank of America Corp DE now owns 506,110 shares of the company’s stock worth $4,206,000 after purchasing an additional 138,792 shares during the period. Dimensional Fund Advisors LP grew its position in MasterBrand by 6.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock valued at $58,256,000 after buying an additional 447,352 shares in the last quarter. Monarch Alternative Capital LP bought a new position in MasterBrand in the 1st quarter valued at about $16,620,000. Finally, Paradigm Capital Management Inc. NY bought a new position in MasterBrand in the 2nd quarter valued at about $47,526,000. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Company Profile

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.