MasterBrand (NYSE:MBC) Shares Up 5.8% – Still a Buy?

Shares of MasterBrand, Inc. (NYSE:MBC) rose 5.8% on Thursday. The company traded as high as $6.99 and last traded at $7.15. 73,379 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 2,622,897 shares. The stock had previously closed at $6.76.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MBC. DA Davidson assumed coverage on shares of MasterBrand in a report on Monday, August 24th. They set a “neutral” rating and a $10.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a research report on Friday, October 9th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $10.00.

MasterBrand Price Performance

The stock’s fifty day moving average price is $7.55 and its two-hundred day moving average price is $8.30. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -10.62 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 posted 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). The business 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 quarterly revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. 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 the firm’s 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 sale, the executive vice president owned 201,199 shares of the company’s stock, valued at approximately $1,855,054.78. This trade represents a 19.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

Several hedge funds have recently added to or reduced their stakes in the stock. Axiom Investment Management LLC acquired a new position in shares of MasterBrand in the 1st quarter valued at $29,000. Integrated Wealth Concepts LLC purchased a new position in shares of MasterBrand in the 2nd quarter valued at $38,000. Nykredit A S acquired a new stake in MasterBrand during the 2nd quarter worth $40,000. Trust Co. of Vermont acquired a new stake in MasterBrand during the 2nd quarter worth $64,000. Finally, Fifth Third Wealth Advisors LLC acquired a new stake in MasterBrand during the 3rd quarter worth $102,000. 87.32% of the stock is currently owned by hedge funds and other institutional investors.

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.