MasterBrand (MBC) Expected to Announce Earnings on Tuesday

MasterBrand (NYSE:MBC - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results 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 quarterly earnings data on Tuesday, February 18th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.17). MasterBrand had a net margin of 4.66% and a return on equity of 13.89%. The firm had revenue of $667.70 million during the quarter, compared to analysts' expectations of $722.85 million.

MasterBrand Trading Up 3.3 %

MasterBrand stock traded up $0.40 during midday trading on Friday, reaching $12.51. 427,638 shares of the stock traded hands, compared to its average volume of 935,450. The firm has a market cap of $1.59 billion, a PE ratio of 12.90 and a beta of 1.70. 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 company has a 50-day simple moving average of $12.71 and a two-hundred day simple moving average of $15.21. MasterBrand has a 12-month low of $10.84 and a 12-month high of $20.67.

MasterBrand declared that its Board of Directors has authorized a share repurchase plan on Monday, March 17th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages have commented on MBC. Loop Capital decreased their price target on shares of MasterBrand from $19.00 to $16.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Zelman & Associates reissued an "underperform" rating on shares of MasterBrand in a research note on Monday, April 14th.

Insider Buying and Selling

In related news, Director Robert Crisci purchased 20,000 shares of MasterBrand stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of $14.08 per share, with a total value of $281,600.00. Following the completion of the transaction, the director now directly owns 66,435 shares in the company, valued at approximately $935,404.80. The trade was a 43.07 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Juliana L. Chugg bought 6,989 shares of the business's 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 transaction, the director now directly owns 33,424 shares of the company's stock, valued at approximately $473,618.08. This represents a 26.44 % increase in their position. The disclosure for this purchase can be found here. 1.38% of the stock is owned by insiders.

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.