MasterBrand (NYSE:MBC - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.030-1.320 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of -.
MasterBrand Stock Down 3.6%
Shares of NYSE:MBC traded down $0.45 during trading on Thursday, reaching $11.93. 2,305,151 shares of the company traded hands, compared to its average volume of 1,065,722. The company has a quick ratio of 1.10, a current ratio of 1.90 and a debt-to-equity ratio of 0.81. MasterBrand has a 1-year low of $9.63 and a 1-year high of $20.67. The firm has a fifty day simple moving average of $11.01 and a 200 day simple moving average of $12.61. The firm has a market cap of $1.51 billion, a P/E ratio of 15.28 and a beta of 1.42.
MasterBrand (NYSE:MBC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.06. MasterBrand had a net margin of 3.74% and a return on equity of 12.60%. The business had revenue of $730.90 million during the quarter, compared to analyst estimates of $683.30 million.
Wall Street Analyst Weigh In
A number of analysts have weighed in on MBC shares. Zelman & Associates reissued an "underperform" rating on shares of MasterBrand in a research report on Monday, April 14th. Loop Capital decreased their price target on MasterBrand from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th.
Check Out Our Latest Stock Report on MasterBrand
Institutional Trading of MasterBrand
Several hedge funds have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in MasterBrand by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,294 shares of the company's stock valued at $19,816,000 after buying an additional 59,879 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of MasterBrand by 71.1% during the first quarter. Intech Investment Management LLC now owns 119,325 shares of the company's stock worth $1,558,000 after acquiring an additional 49,578 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of MasterBrand by 10.7% during the first quarter. Jane Street Group LLC now owns 357,305 shares of the company's stock worth $4,666,000 after buying an additional 34,422 shares during the period. Royal Bank of Canada boosted its position in MasterBrand by 12.8% in the first quarter. Royal Bank of Canada now owns 55,615 shares of the company's stock valued at $726,000 after buying an additional 6,298 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of MasterBrand by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company's stock worth $984,000 after purchasing an additional 3,292 shares during the last quarter. 87.32% of the stock is owned by hedge funds and other institutional investors.
About MasterBrand
(
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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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