MasterBrand (NYSE:MBC) Trading 8.5% Higher – Time to Buy?

MasterBrand, Inc. (NYSE:MBCGet Free Report) traded up 8.5% during trading on Monday . The stock traded as high as $8.88 and last traded at $8.9520. 167,417 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 2,651,219 shares. The stock had previously closed at $8.25.

Wall Street Analyst Weigh In

MBC has been the subject of a number of recent analyst reports. Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a research note on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on MBC

MasterBrand Stock Performance

The stock has a market cap of $1.21 billion, a P/E ratio of -471.56 and a beta of 1.44. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.08 and a quick ratio of 1.31. The company has a fifty day moving average of $8.95 and a 200 day moving average of $9.42.

MasterBrand (NYSE:MBCGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. 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 business posted $0.40 earnings per share. The business’s revenue for the quarter 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 Activity

In other MasterBrand news, CFO Andrea Helen Simon purchased 5,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were purchased at an average cost of $8.56 per share, for a total transaction of $42,800.00. Following the completion of the transaction, the chief financial officer owned 497,341 shares in the company, valued at $4,257,238.96. The trade was a 1.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David D. Petratis purchased 11,587 shares of the business’s stock in a transaction on Monday, June 8th. The stock was acquired 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 directly owned 69,915 shares in the company, valued at $616,650.30. The trade was a 19.87% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 81,587 shares of company stock valued at $696,347 over the last quarter. Insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Coliseum Capital Management LLC boosted its stake in shares of MasterBrand by 42.4% during the 4th quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock worth $118,930,000 after acquiring an additional 3,209,323 shares in the last quarter. Boston Partners raised its position in shares of MasterBrand by 7.8% during the third quarter. Boston Partners now owns 8,930,199 shares of the company’s stock worth $117,688,000 after purchasing an additional 649,960 shares during the period. Dimensional Fund Advisors LP raised its position in shares of MasterBrand by 6.8% during the first 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 period. State Street Corp lifted its holdings in shares of MasterBrand by 0.5% during the fourth quarter. State Street Corp now owns 4,957,171 shares of the company’s stock valued at $54,727,000 after purchasing an additional 24,796 shares during the last quarter. Finally, Pertento Partners LLP purchased a new stake in shares of MasterBrand during the fourth quarter valued at $42,835,000. Institutional investors own 87.32% of the company’s stock.

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.

Further Reading

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