MasterBrand (NYSE:MBC) Stock Price Up 7.2% – What’s Next?

MasterBrand, Inc. (NYSE:MBCGet Free Report) shares shot up 7.2% during mid-day trading on Wednesday . The stock traded as high as $9.03 and last traded at $8.96. Approximately 135,551 shares changed hands during trading, a decline of 95% from the average session volume of 2,742,851 shares. The stock had previously closed at $8.36.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Read Our Latest Analysis on MBC

MasterBrand Stock Performance

The business’s fifty day moving average price is $8.47 and its two-hundred day moving average price is $9.90. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08. The stock has a market capitalization of $1.23 billion, a P/E ratio of -478.51 and a beta of 1.48.

MasterBrand (NYSE:MBCGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The company had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. During the same period in the prior year, the company posted $0.18 EPS. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Insider Transactions at MasterBrand

In other news, EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $9.02, for a total value of $236,729.90. Following the sale, the executive vice president directly owned 241,665 shares in the company, valued at approximately $2,179,818.30. This represents a 9.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David D. Petratis acquired 11,587 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were acquired at an average price of $8.82 per share, with a total value of $102,197.34. Following the acquisition, the director owned 69,915 shares in the company, valued at $616,650.30. This trade represents a 19.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 81,587 shares of company stock valued at $696,347. Company insiders own 2.04% of the company’s stock.

Institutional Trading of MasterBrand

Large investors have recently made changes to their positions in the stock. EMG Holdings L.P. purchased a new position in MasterBrand during the 3rd quarter worth $2,174,000. SG Americas Securities LLC raised its position in MasterBrand by 6,255.0% during the 4th quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock valued at $8,146,000 after purchasing an additional 726,263 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of MasterBrand by 353.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,128 shares of the company’s stock worth $9,155,000 after buying an additional 541,748 shares during the period. UBS Group AG lifted its holdings in shares of MasterBrand by 156.1% in the 4th quarter. UBS Group AG now owns 1,388,884 shares of the company’s stock worth $15,333,000 after buying an additional 846,519 shares during the period. Finally, Marathon Asset Management Ltd bought a new position in shares of MasterBrand during the 4th quarter worth $8,201,000. 87.32% of the stock is owned by hedge funds and other institutional investors.

About MasterBrand

(Get Free Report)

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.

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