MasterBrand (MBC) to Release Quarterly Earnings on Tuesday

MasterBrand (NYSE:MBC - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $663.95 million for the quarter. MasterBrand has set its FY 2025 guidance at 1.400-1.570 EPS.

MasterBrand (NYSE:MBC - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.17). The company had revenue of $667.70 million for the quarter, compared to the consensus estimate of $722.85 million. MasterBrand had a return on equity of 13.89% and a net margin of 4.66%.

MasterBrand Stock Performance

Shares of MBC opened at $11.87 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $1.52 billion, a P/E ratio of 12.24 and a beta of 1.70. The firm's fifty day simple moving average is $12.90 and its two-hundred day simple moving average is $15.39. MasterBrand has a 12 month low of $10.84 and a 12 month high of $20.67.

MasterBrand announced that its board has authorized a share buyback program on Monday, March 17th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Activity at MasterBrand

In other news, Director Robert Crisci acquired 20,000 shares of MasterBrand stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of $14.08 per share, for a total transaction of $281,600.00. Following the transaction, the director now owns 66,435 shares of the company's stock, valued at $935,404.80. This trade represents a 43.07 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Juliana L. Chugg acquired 6,989 shares of MasterBrand stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $14.17 per share, for a total transaction of $99,034.13. Following the completion of the transaction, the director now directly owns 33,424 shares in the company, valued at approximately $473,618.08. The trade was a 26.44 % increase in their position. The disclosure for this purchase can be found here. 1.38% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MBC. Loop Capital lowered their target price on shares of MasterBrand from $19.00 to $16.00 and set a "buy" rating on the stock in a report on Monday. Zelman & Associates reaffirmed an "underperform" rating on shares of MasterBrand in a report on Monday, April 14th.

About MasterBrand

MasterBrand, Inc engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders.

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