MasterBrand (NYSE:MBC) Reaches New 1-Year Low – What’s Next?

MasterBrand, Inc. (NYSE:MBC)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $7.87 and last traded at $8.0150, with a volume of 350041 shares changing hands. The stock had previously closed at $8.21.

Analysts Set New Price Targets

A number of brokerages have commented on MBC. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Weiss Ratings lowered MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $15.00.

MasterBrand Stock Down 1.5%

The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.03 and a current ratio of 1.67. The firm has a 50 day simple moving average of $11.37 and a two-hundred day simple moving average of $11.79. The stock has a market cap of $1.03 billion, a P/E ratio of 40.34 and a beta of 1.54.

MasterBrand (NYSE:MBC) last released its quarterly earnings results on Tuesday, February 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.16). The business had revenue of $644.60 million during the quarter, compared to the consensus estimate of $607.60 million. MasterBrand had a return on equity of 8.54% and a net margin of 0.98%.The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. MasterBrand has set its FY 2026 guidance at -0.060-0.000 EPS.

Hedge Funds Weigh In On MasterBrand

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in shares of MasterBrand by 12.8% in the 1st quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock worth $726,000 after acquiring an additional 6,298 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 valued at $984,000 after acquiring an additional 3,292 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in MasterBrand by 4.1% during 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 worth $19,816,000 after purchasing an additional 59,879 shares in the last quarter. Jane Street Group LLC raised its holdings in 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 purchasing an additional 34,422 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in MasterBrand by 71.1% in the first quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock worth $1,558,000 after purchasing an additional 49,578 shares during the period. Institutional investors and hedge funds own 87.32% of the company’s stock.

About MasterBrand

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.