MasterBrand (NYSE:MBC) Upgraded to Hold at DA Davidson

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

Several other analysts have also recently commented on MBC. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $10.00.

MasterBrand Trading Down 3.0%

Shares of MasterBrand stock opened at $9.04 on Monday. MasterBrand has a 52-week low of $6.61 and a 52-week high of $14.22. The company has a quick ratio of 1.04, a current ratio of 1.76 and a debt-to-equity ratio of 0.70. The company’s 50-day simple moving average is $9.06 and its 200-day simple moving average is $9.06. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of -13.11 and a beta of 1.44.

MasterBrand (NYSE:MBC) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of $743.05 million. During the same period in the prior year, the company earned $0.40 earnings per share. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Activity at MasterBrand

In related news, Director David D. Petratis bought 11,587 shares of the company’s stock in a transaction on Monday, June 8th. The stock was bought at an average cost of $8.82 per share, with a total value of $102,197.34. Following the completion of the acquisition, the director owned 69,915 shares in the company, valued at approximately $616,650.30. This represents a 19.87% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Philip D. Fracassa purchased 5,000 shares of MasterBrand stock in a transaction dated Thursday, June 11th. The shares were bought at an average price of $9.11 per share, with a total value of $45,550.00. Following the completion of the transaction, the director owned 45,041 shares in the company, valued at approximately $410,323.51. This trade represents a 12.49% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 81,587 shares of company stock valued at $696,347 in the last ninety days. Company insiders own 2.80% of the company’s stock.

Institutional Trading of MasterBrand

Several large investors have recently bought and sold shares of MBC. Royal Bank of Canada increased its position in shares of MasterBrand by 12.8% in the first quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock valued at $726,000 after buying an additional 6,298 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of MasterBrand by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company’s stock worth $984,000 after buying an additional 3,292 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in MasterBrand by 4.1% in the 1st 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 acquiring an additional 59,879 shares during the last quarter. Jane Street Group LLC grew its stake in MasterBrand by 10.7% in the 1st quarter. Jane Street Group LLC now owns 357,305 shares of the company’s stock valued at $4,666,000 after acquiring an additional 34,422 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in MasterBrand by 71.1% during the 1st quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock valued at $1,558,000 after acquiring an additional 49,578 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Company Profile

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.