MasterBrand (NYSE:MBC) Upgraded to Hold at DA Davidson

DA Davidson upgraded shares of MasterBrand (NYSE:MBC) to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research firms also recently commented on MBC. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Wall Street Zen upgraded MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $10.00.

MasterBrand Trading Down 3.0%

NYSE:MBC opened at $9.04 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.04 and a debt-to-equity ratio of 0.70. The firm has a fifty day simple moving average of $9.06 and a 200-day simple moving average of $9.06. MasterBrand has a 12 month low of $6.61 and a 12 month high of $14.22. The company has a market capitalization of $1.84 billion, a P/E ratio of -13.11 and a beta of 1.44.

MasterBrand (NYSE:MBC) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share 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 business had revenue of $815.20 million during the quarter, compared to analyst estimates of $743.05 million. During the same quarter last year, the company posted $0.40 EPS. MasterBrand’s quarterly revenue was up 11.5% compared to the same quarter last year. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Transactions at MasterBrand

In other MasterBrand news, CEO R David Banyard acquired 60,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average price of $8.43 per share, with a total value of $505,800.00. Following the completion of the acquisition, the chief executive officer directly owned 1,831,788 shares of the company’s stock, valued at approximately $15,441,972.84. The trade was a 3.39% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director David D. Petratis bought 11,587 shares of the company’s stock in a transaction on Monday, June 8th. The stock was bought at an average cost of $8.82 per share, with a total value of $102,197.34. Following the completion of the acquisition, the director owned 69,915 shares of the company’s stock, valued at $616,650.30. This represents a 19.87% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 81,587 shares of company stock worth $696,347 over the last three months. 2.80% of the stock is currently owned by company insiders.

Institutional Trading of MasterBrand

Large investors have recently made changes to their positions in the stock. Paradigm Capital Management Inc. NY purchased a new stake in shares of MasterBrand in the second quarter valued at $47,526,000. Pertento Partners LLP acquired a new stake in MasterBrand in the 4th quarter worth about $42,835,000. Coliseum Capital Management LLC grew its holdings in MasterBrand by 42.4% in the 4th quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock valued at $118,930,000 after buying an additional 3,209,323 shares during the period. Cooke & Bieler LP acquired a new position in shares of MasterBrand during the 4th quarter valued at about $31,255,000. Finally, California State Teachers Retirement System boosted its position in shares of MasterBrand by 1,333.5% in the second quarter. California State Teachers Retirement System now owns 2,372,215 shares of the company’s stock worth $230,536,000 after acquiring an additional 2,206,726 shares during the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

About MasterBrand

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.