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

MasterBrand (NYSE:MBC)‘s stock had its “neutral” rating reiterated by 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 target price would suggest a potential upside of 48.26% from the company’s current price.

Separately, Weiss Ratings restated 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $10.00.

MasterBrand Price Performance

Shares of NYSE MBC traded up $0.07 during midday trading on Tuesday, reaching $6.75. The stock had a trading volume of 933,931 shares, compared to its average volume of 2,621,081. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. MasterBrand has a 12-month low of $6.17 and a 12-month high of $13.95. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -9.76 and a beta of 1.48. The stock has a 50-day moving average of $7.51 and a 200-day moving average of $9.00.

MasterBrand (NYSE:MBC) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). The business had revenue of $815.20 million during the quarter, compared to analyst estimates of $743.05 million. MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 EPS. 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 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 of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.80% of the company’s stock.

Institutional Trading of MasterBrand

A number of hedge funds have recently bought and sold shares of MBC. Dimensional Fund Advisors LP raised its holdings in MasterBrand by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock worth $58,256,000 after purchasing an additional 447,352 shares during the last quarter. Paradigm Capital Management Inc. NY bought a new stake in shares of MasterBrand during the second quarter worth about $47,526,000. Pzena Investment Management LLC boosted its holdings in MasterBrand by 0.7% in the first quarter. Pzena Investment Management LLC now owns 3,814,014 shares of the company’s stock valued at $31,694,000 after acquiring an additional 28,093 shares during the last quarter. Monarch Alternative Capital LP acquired a new position in MasterBrand in the first quarter valued at approximately $16,620,000. Finally, Ancora Advisors LLC bought a new stake in MasterBrand during the 2nd quarter worth approximately $6,917,000. 87.32% of the stock is owned by 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.