Key Points
- MasterBrand CEO R. David Banyard bought 60,000 shares on June 1 at an average price of $8.43, a transaction worth about $505,800. After the purchase, he held 1,831,788 shares, increasing his stake by 3.39%.
- The company recently reported better-than-expected quarterly earnings, posting EPS of $0.06 versus the expected loss of $0.04 and revenue of $618 million versus estimates of $591.35 million. However, revenue still fell 6.4% year over year.
- Analyst sentiment remains weak, with multiple firms downgrading MasterBrand to Sell and an overall average rating of “Sell.” The stock was trading near $8.48, well below its 52-week high of $14.22.
MasterBrand, Inc. (NYSE:MBC - Get Free Report) CEO R David Banyard acquired 60,000 shares of the business's stock in a transaction on Monday, June 1st. The stock was acquired at an average cost of $8.43 per share, for a total transaction of $505,800.00. Following the transaction, the chief executive officer owned 1,831,788 shares of the company's stock, valued at approximately $15,441,972.84. The trade was a 3.39% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
MasterBrand Stock Performance
NYSE:MBC opened at $8.48 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of -423.64 and a beta of 1.49. The business's fifty day moving average is $8.29 and its 200 day moving average is $10.13.
MasterBrand (NYSE:MBC - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.10. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The company had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. During the same period in the previous year, the company posted $0.18 EPS. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.
Analysts Set New Price Targets
MBC has been the topic of a number of analyst reports. Weiss Ratings lowered MasterBrand from a "hold (c)" rating to a "sell (d+)" rating in a research note on Tuesday, February 17th. Wall Street Zen lowered MasterBrand from a "hold" rating to a "sell" rating in a research note on Saturday, February 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of "Sell".
Check Out Our Latest Research Report on MBC
Hedge Funds Weigh In On MasterBrand
Hedge funds and other institutional investors have recently modified their holdings of the company. Axiom Investment Management LLC purchased a new position in shares of MasterBrand in the 1st quarter worth about $29,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of MasterBrand by 696.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company's stock worth $33,000 after purchasing an additional 2,634 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of MasterBrand by 124.4% in the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company's stock worth $39,000 after purchasing an additional 1,946 shares in the last quarter. Clearstead Advisors LLC boosted its holdings 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 acquiring an additional 2,634 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in MasterBrand by 26.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company's stock valued at $76,000 after acquiring an additional 1,177 shares during the period. 87.32% of the stock is currently owned by hedge funds and other institutional investors.
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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