MasterBrand (NYSE:MBC) Shares Climb 6.7% - Still a Buy?

Key Points

• MasterBrand shares rose 6.7% to around $6.90, though trading volume was 94% below the average session volume.
• Analyst sentiment remains cautious: the stock has a consensus “Reduce” rating, with one Hold and one Sell rating and an average price target of $10.00.
• The company’s latest quarter showed revenue growth of 11.5% to $815.2 million, but EPS of $0.05 missed estimates and declined from $0.40 a year earlier; MasterBrand also reported a negative net margin.

Shares of MasterBrand, Inc. (NYSE:MBC - Get Free Report) shot up 6.7% on Thursday. The company traded as high as $6.83 and last traded at $6.8950. Approximately 146,007 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 2,629,498 shares. The stock had previously closed at $6.46.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MBC. DA Davidson assumed coverage on shares of MasterBrand in a research note on Monday, August 24th. They set a "neutral" rating and a $10.00 target price on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of MasterBrand in a research report on Friday, October 9th. Finally, Wall Street Zen upgraded shares of MasterBrand from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $10.00.

MasterBrand Stock Performance

The company has a current ratio of 1.76, a quick ratio of 1.04 and a debt-to-equity ratio of 0.70. The firm has a fifty day moving average price of $7.87 and a 200 day moving average price of $8.36. The firm has a market cap of $1.40 billion, a PE ratio of -9.93 and a beta of 1.48.

MasterBrand (NYSE:MBC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.05). MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The firm 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 firm posted $0.40 EPS. The company's 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

In other MasterBrand news, EVP Kurt Wanninger sold 50,000 shares of MasterBrand stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total transaction of $461,000.00. Following the transaction, the executive vice president directly owned 201,199 shares of the company's stock, valued at $1,855,054.78. The trade was a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.80% of the stock is owned by company insiders.

Institutional Trading of MasterBrand

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Axiom Investment Management LLC acquired a new position in shares of MasterBrand in the 1st quarter valued at $29,000. Integrated Wealth Concepts LLC purchased a new position in shares of MasterBrand during the 2nd quarter worth $38,000. Nykredit A S purchased a new position in shares of MasterBrand during the 2nd quarter worth $40,000. Trust Co. of Vermont acquired a new stake in shares of MasterBrand during the 2nd quarter worth about $64,000. Finally, DGS Capital Management LLC acquired a new stake in shares of MasterBrand during the 4th quarter worth about $114,000. Institutional investors and hedge funds own 87.32% of the company's stock.

About MasterBrand

MasterBrand, Inc NYSE: MBC is a manufacturer and distributor of residential cabinetry. The company supplies cabinets and related products for kitchens, bathrooms, home offices, entertainment areas and other living spaces, serving both new construction and remodeling markets.

MasterBrand offers cabinetry across a range of styles, price points and design categories through a portfolio of recognized brands, including Aristokraft, Diamond, Omega, Decora, Kemper, Schrock and Thomasville Cabinetry.

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