MasterBrand (NYSE:MBC) Given Neutral Rating at DA Davidson

MasterBrand (NYSE:MBC - Get Free Report)'s stock had its "neutral" rating reaffirmed by equities research analysts at DA Davidson in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $10.00 price objective on the stock. DA Davidson's price objective points to a potential upside of 50.04% from the stock's previous close.

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of MasterBrand in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $10.00.

MasterBrand Stock Down 0.2%

NYSE:MBC traded down $0.02 during trading hours on Tuesday, hitting $6.67. The stock had a trading volume of 727,608 shares, compared to its average volume of 2,620,310. 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 has a 1-year low of $6.17 and a 1-year high of $13.95. The business has a 50 day simple moving average of $7.51 and a two-hundred day simple moving average of $9.00. The company has a market cap of $1.36 billion, a PE ratio of -9.65 and a beta of 1.48.

MasterBrand (NYSE:MBC - Get Free Report) last released its quarterly earnings results 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). MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%. The company had revenue of $815.20 million for the quarter, compared to analyst estimates of $743.05 million. During the same period in the previous year, the business posted $0.40 EPS. The firm'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 Buying and Selling at MasterBrand

In other news, EVP Kurt Wanninger sold 50,000 shares of the firm's 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 completion of the sale, the executive vice president owned 201,199 shares of the company's stock, valued at approximately $1,855,054.78. This trade represents a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.80% of the company's stock.

Hedge Funds Weigh In On MasterBrand

Several large investors have recently added to or reduced their stakes in MBC. Versant Capital Management Inc lifted its holdings in MasterBrand by 25.2% in the 2nd quarter. Versant Capital Management Inc now owns 13,363 shares of the company's stock worth $138,000 after purchasing an additional 2,692 shares during the last quarter. Corient Private Wealth LP lifted its holdings in MasterBrand by 14.9% in the 2nd quarter. Corient Private Wealth LP now owns 25,360 shares of the company's stock worth $261,000 after purchasing an additional 3,282 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in MasterBrand in the 1st quarter worth approximately $29,000. Amundi lifted its holdings in MasterBrand by 24.6% in the 1st quarter. Amundi now owns 17,972 shares of the company's stock worth $149,000 after purchasing an additional 3,544 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in MasterBrand in the 2nd quarter worth approximately $38,000. 87.32% of the stock is currently owned by institutional investors.

MasterBrand Company Profile

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.