MasterBrand (NYSE:MBC) Shares Up 6.5% – Time to Buy?

MasterBrand, Inc. (NYSE:MBC)’s share price traded up 6.5% during mid-day trading on Tuesday . The company traded as high as $7.23 and last traded at $7.2650. Approximately 740,671 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 2,591,689 shares. The stock had previously closed at $6.82.

Analysts Set New Price Targets

Several brokerages recently commented on MBC. DA Davidson assumed coverage on shares of MasterBrand in a report on Monday, August 24th. They issued a “neutral” rating and a $10.00 price target for the company. Wall Street Zen upgraded MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $10.00.

MasterBrand Stock Up 7.3%

The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. The business has a 50 day simple moving average of $8.47 and a 200-day simple moving average of $8.54. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -10.60 and a beta of 1.43.

MasterBrand (NYSE:MBC) 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.

Insiders Place Their Bets

In other news, EVP Kurt Wanninger sold 50,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total value of $461,000.00. Following the completion of the sale, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This represents a 19.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MBC. Paradigm Capital Management Inc. NY acquired a new stake in MasterBrand during the second quarter worth $47,526,000. Cooke & Bieler LP purchased a new stake in MasterBrand in the fourth quarter valued at $31,255,000. Monarch Alternative Capital LP acquired a new position in shares of MasterBrand in the 1st quarter valued at $16,620,000. Ancora Advisors LLC purchased a new position in shares of MasterBrand during the 2nd quarter worth $6,917,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of MasterBrand by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock worth $58,256,000 after purchasing an additional 447,352 shares during the period. 87.32% of the stock is currently owned by institutional investors and hedge funds.

About MasterBrand

MasterBrand, Inc (NYSE:MBC) is a manufacturer and distributor of residential cabinetry. The company provides cabinets and related storage solutions for kitchens, bathrooms, home offices, entertainment areas and other living spaces.

MasterBrand serves homeowners, homebuilders, remodelers and professional contractors through a network of dealers, specialty retailers, home improvement centers and other distribution channels. Its portfolio includes a range of cabinet styles, construction options and price points designed for both new construction and remodeling projects.

The company’s brands have included well-known names such as Aristokraft, Diamond, Decora, Kemper, KraftMaid, Omega and Thomasville Cabinetry.