MasterBrand (NYSE:MBC – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.010-1.130 for the period, compared to the consensus EPS estimate of 1.120. The company issued revenue guidance of -.
MasterBrand Trading Up 1.6%
NYSE MBC traded up $0.20 during mid-day trading on Tuesday, hitting $12.65. The company’s stock had a trading volume of 1,836,914 shares, compared to its average volume of 1,204,344. MasterBrand has a 52-week low of $9.63 and a 52-week high of $20.67. The stock’s fifty day simple moving average is $13.04 and its two-hundred day simple moving average is $11.88. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.87 and a quick ratio of 1.12. The firm has a market capitalization of $1.60 billion, a P/E ratio of 17.56 and a beta of 1.42.
MasterBrand (NYSE:MBC – Get Free Report) last posted its quarterly earnings data on Tuesday, June 13th. The company reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $777.10 million for the quarter. MasterBrand had a net margin of 3.37% and a return on equity of 11.88%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on MasterBrand
Hedge Funds Weigh In On MasterBrand
A number of hedge funds have recently added to or reduced their stakes in MBC. Royal Bank of Canada boosted its holdings in MasterBrand by 12.8% in the first quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock worth $726,000 after purchasing an additional 6,298 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in MasterBrand by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company’s stock valued at $984,000 after buying an additional 3,292 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in MasterBrand by 4.1% in the first 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 during the last quarter. Jane Street Group LLC lifted its stake in MasterBrand by 10.7% in the first quarter. Jane Street Group LLC now owns 357,305 shares of the company’s stock valued at $4,666,000 after buying an additional 34,422 shares during the last quarter. Finally, Intech Investment Management LLC lifted its stake in MasterBrand by 71.1% in the first quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock valued at $1,558,000 after buying an additional 49,578 shares during the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.
MasterBrand Company Profile
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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