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

MasterBrand (NYSE:MBC)‘s stock had its “neutral” rating reissued by analysts at DA Davidson in a research note issued on Tuesday, Benzinga reports. They presently have a $10.00 price target on the stock. DA Davidson‘s target price would suggest a potential upside of 50.04% from the stock’s current price.

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

MasterBrand Price Performance

NYSE:MBC traded down $0.02 during midday trading on Tuesday, hitting $6.67. 677,411 shares of the stock were exchanged, compared to its average volume of 2,620,059. MasterBrand has a one year low of $6.17 and a one year high of $13.95. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of -9.66 and a beta of 1.48. The business has a 50-day moving average price of $7.51 and a two-hundred day moving average price 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 announced 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). 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 the consensus estimate of $743.05 million. During the same period in the previous year, the firm earned $0.40 EPS. 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.

Insiders Place Their Bets

In other MasterBrand news, EVP Kurt Wanninger sold 50,000 shares of MasterBrand stock in a transaction that occurred on Tuesday, August 11th. The shares were 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

Several institutional investors and hedge funds have recently added to or reduced their stakes in MBC. Paradigm Capital Management Inc. NY purchased a new position in shares of MasterBrand during the 2nd quarter valued at $47,526,000. Monarch Alternative Capital LP purchased a new position in shares of MasterBrand during the 1st quarter valued at $16,620,000. Ancora Advisors LLC purchased a new position in shares of MasterBrand during the 2nd quarter valued at $6,917,000. Dimensional Fund Advisors LP grew its holdings in shares of MasterBrand by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock valued at $58,256,000 after acquiring an additional 447,352 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of MasterBrand by 613.4% during the 1st quarter. Quantinno Capital Management LP now owns 397,175 shares of the company’s stock valued at $3,301,000 after acquiring an additional 341,499 shares in the last quarter. 87.32% of the stock is currently owned by hedge funds and other institutional investors.

About MasterBrand

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.