MasterBrand (NYSE:MBC) Given “Neutral” Rating at DA Davidson

MasterBrand (NYSE:MBC)‘s stock had its “neutral” rating reiterated by equities researchers at DA Davidson in a note issued to investors on Tuesday, Benzinga reports. They currently have a $10.00 target price on the stock. DA Davidson‘s price target indicates a potential upside of 45.05% from the stock’s previous close.

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

MasterBrand Trading Up 3.2%

Shares of MasterBrand stock traded up $0.21 during mid-day trading on Tuesday, hitting $6.89. 2,914,083 shares of the stock were exchanged, compared to its average volume of 2,625,581. MasterBrand has a twelve month low of $6.17 and a twelve month high of $13.95. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -9.99 and a beta of 1.48. The company has a 50-day simple moving average of $7.51 and a 200 day simple moving average of $9.00. 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 released its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (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 for the quarter, compared to analyst estimates of $743.05 million. During the same period in the prior year, the business earned $0.40 earnings per share. MasterBrand’s revenue for the quarter was up 11.5% on a year-over-year basis. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Activity

In related news, EVP Kurt Wanninger sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total value of $461,000.00. Following the sale, the executive vice president directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On MasterBrand

Several hedge funds have recently modified their holdings of the stock. Fifth Third Wealth Advisors LLC acquired a new stake in shares of MasterBrand in the third quarter worth approximately $102,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of MasterBrand in the second quarter worth approximately $449,000. Sequoia Financial Advisors LLC acquired a new stake in shares of MasterBrand in the second quarter worth approximately $435,000. Integrated Wealth Concepts LLC acquired a new stake in shares of MasterBrand in the second quarter worth approximately $38,000. Finally, Arizona State Retirement System boosted its position in shares of MasterBrand by 52.7% in the second quarter. Arizona State Retirement System now owns 53,108 shares of the company’s stock worth $546,000 after acquiring an additional 18,318 shares during the last quarter. 87.32% of the stock is owned by institutional investors and hedge funds.

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.