MasterBrand (NYSE:MBC) Stock Rating Upgraded by DA Davidson

MasterBrand (NYSE:MBCGet Free Report) was upgraded by equities research analysts at DA Davidson to a “hold” rating in a report issued on Monday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $10.00.

View Our Latest Report on MBC

MasterBrand Stock Performance

Shares of MBC opened at $9.04 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.76 and a quick ratio of 1.04. The stock has a 50-day moving average of $9.06 and a 200-day moving average of $9.06. The company has a market cap of $1.84 billion, a PE ratio of -13.11 and a beta of 1.44. MasterBrand has a one year low of $6.61 and a one year high of $14.22.

MasterBrand (NYSE:MBCGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%.The firm had revenue of $815.20 million for the quarter, compared to analyst estimates of $743.05 million. During the same period last year, the company posted $0.40 earnings per share. The firm’s quarterly 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 at MasterBrand

In related news, Director David D. Petratis purchased 11,587 shares of the business’s stock in a transaction on Monday, June 8th. The stock was acquired at an average price of $8.82 per share, for a total transaction of $102,197.34. Following the purchase, the director owned 69,915 shares of the company’s stock, valued at approximately $616,650.30. This trade represents a 19.87% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kurt Wanninger sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $9.22, for a total value of $461,000.00. Following the sale, the executive vice president directly owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This represents a 19.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have acquired 81,587 shares of company stock worth $696,347. 2.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On MasterBrand

Institutional investors have recently bought and sold shares of the stock. Paradigm Capital Management Inc. NY bought a new position in MasterBrand during the 2nd quarter valued at $47,526,000. Pertento Partners LLP bought a new stake in shares of MasterBrand in the 4th quarter worth $42,835,000. Coliseum Capital Management LLC grew its stake in shares of MasterBrand by 42.4% in the 4th quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock worth $118,930,000 after acquiring an additional 3,209,323 shares in the last quarter. Cooke & Bieler LP purchased a new stake in shares of MasterBrand in the fourth quarter valued at about $31,255,000. Finally, California State Teachers Retirement System lifted its position in shares of MasterBrand by 1,333.5% during the second quarter. California State Teachers Retirement System now owns 2,372,215 shares of the company’s stock valued at $230,536,000 after purchasing an additional 2,206,726 shares in the last quarter. Institutional investors own 87.32% of the company’s stock.

MasterBrand Company Profile

(Get Free Report)

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.

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