MasterBrand (NYSE:MBC) Sets New 52-Week Low – Here’s Why

MasterBrand, Inc. (NYSE:MBCGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $6.71 and last traded at $6.7510, with a volume of 160940 shares traded. The stock had previously closed at $7.05.

Analyst Upgrades and Downgrades

MBC has been the subject of several research reports. Weiss Ratings lowered shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Wall Street Zen lowered shares of MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Research Report on MBC

MasterBrand Price Performance

The firm has a 50 day moving average price of $8.33 and a 200 day moving average price of $10.38. The stock has a market capitalization of $853.92 million, a PE ratio of -333.08 and a beta of 1.54. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82.

MasterBrand (NYSE:MBCGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.10. The firm had revenue of $618.00 million for the quarter, compared to analysts’ expectations of $591.35 million. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The business’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Institutional Trading of MasterBrand

Hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in MasterBrand by 696.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after acquiring an additional 2,634 shares during the period. IFP Advisors Inc boosted its stake in shares of MasterBrand by 124.4% in the fourth quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock worth $39,000 after acquiring an additional 1,946 shares during the period. CWM LLC grew its position in shares of MasterBrand by 57.5% during the third quarter. CWM LLC now owns 3,414 shares of the company’s stock worth $45,000 after purchasing an additional 1,247 shares in the last quarter. Clearstead Advisors LLC raised its stake in MasterBrand by 165.2% during the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after purchasing an additional 2,634 shares during the period. Finally, Parkside Financial Bank & Trust raised its stake in MasterBrand by 18.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 5,178 shares of the company’s stock valued at $68,000 after purchasing an additional 821 shares during the period. 87.32% of the stock is owned by hedge funds and other institutional investors.

About MasterBrand

(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.

Recommended Stories

Receive News & Ratings for MasterBrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasterBrand and related companies with MarketBeat.com's FREE daily email newsletter.