MasterBrand (NYSE:MBC) Hits New 52-Week Low – Time to Sell?

MasterBrand, Inc. (NYSE:MBC)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.57 and last traded at $6.6350, with a volume of 2164066 shares. The stock had previously closed at $6.99.

Wall Street Analysts Forecast Growth

MBC has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. DA Davidson began coverage on shares of MasterBrand in a research note on Monday, August 24th. They issued a “neutral” rating and a $10.00 price objective for the company. Finally, Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $10.00.

MasterBrand Stock Performance

The stock has a market cap of $1.35 billion, a P/E ratio of -9.62 and a beta of 1.43. 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 business has a 50 day moving average price of $8.65 and a two-hundred day moving average price of $8.64.

MasterBrand (NYSE:MBC) last released its 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). The business had revenue of $815.20 million for the quarter, compared to analysts’ expectations of $743.05 million. MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%.The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Transactions at MasterBrand

In other MasterBrand 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 transaction of $461,000.00. Following the completion of the sale, the executive vice president directly owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This trade represents a 19.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MasterBrand

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Axiom Investment Management LLC bought a new stake in MasterBrand in the 1st quarter valued at $29,000. Integrated Wealth Concepts LLC bought a new position in shares of MasterBrand during the 2nd quarter valued at about $38,000. IFP Advisors Inc boosted its holdings in shares of MasterBrand by 124.4% during the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after purchasing an additional 1,946 shares during the last quarter. Nykredit A S purchased a new position in shares of MasterBrand during the second quarter valued at about $40,000. Finally, Clearstead Advisors LLC grew its position in shares of MasterBrand by 165.2% during the fourth 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 in the last quarter. Institutional investors own 87.32% of the company’s stock.

MasterBrand Company Profile

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.