MasterBrand (NYSE:MBC) Stock Jumps 5.8% – Here’s Why

MasterBrand, Inc. (NYSE:MBC)’s stock price rose 5.8% on Thursday. The stock traded as high as $6.99 and last traded at $7.15. 73,379 shares changed hands during trading, a decline of 97% from the average daily volume of 2,622,897 shares. The stock had previously closed at $6.76.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MBC shares. Weiss Ratings restated a “sell (d)” rating on shares of MasterBrand in a report on Friday, October 9th. DA Davidson started coverage on MasterBrand in a research note on Monday, August 24th. They set a “neutral” rating and a $10.00 price target for the company. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $10.00.

MasterBrand Price Performance

The stock’s 50 day moving average price is $7.62 and its 200-day moving average price is $8.31. 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 stock has a market capitalization of $1.50 billion, a PE ratio of -10.66 and a beta of 1.48.

MasterBrand (NYSE:MBC) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05). The business had revenue of $815.20 million during the quarter, compared to the consensus estimate of $743.05 million. MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The company’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 firm posted $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Buying and Selling at MasterBrand

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

Institutional Trading of MasterBrand

Large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in shares of MasterBrand by 6.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock valued at $58,256,000 after acquiring an additional 447,352 shares during the period. Paradigm Capital Management Inc. NY acquired a new stake in MasterBrand during the 2nd quarter worth about $47,526,000. Pzena Investment Management LLC grew its stake in MasterBrand by 0.7% during the 1st quarter. Pzena Investment Management LLC now owns 3,814,014 shares of the company’s stock valued at $31,694,000 after purchasing an additional 28,093 shares during the last quarter. Monarch Alternative Capital LP purchased a new stake in MasterBrand during the 1st quarter valued at about $16,620,000. Finally, Ancora Advisors LLC purchased a new stake in MasterBrand during the 2nd quarter valued at about $6,917,000. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Company Profile

MasterBrand, Inc (NYSE:MBC) is a manufacturer of residential cabinetry and related products. The company designs and produces cabinets for kitchens, bathrooms, home offices, living areas and other spaces, serving both new construction and remodeling markets.

MasterBrand offers a range of cabinet styles, materials, finishes and price points through a portfolio of brands that includes Aristokraft, Cabinetry by Karman, Decora, Diamond, Homecrest, Kemper, Mantra, Omega and Schrock. Its products are sold through home improvement and specialty retailers, independent dealers, builders and other trade customers.

The company is based in Jasper, Indiana, and serves customers primarily in the United States and Canada.