MasterBrand (NYSE:MBC) Shares Gap Down on Disappointing Earnings

Shares of MasterBrand, Inc. (NYSE:MBC) gapped down before the market opened on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $13.82, but opened at $10.99. MasterBrand shares last traded at $12.0470, with a volume of 1,666,988 shares trading hands.

The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.16). The business had revenue of $644.60 million for the quarter, compared to analyst estimates of $607.60 million. MasterBrand had a net margin of 0.98% and a return on equity of 8.54%. MasterBrand’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business earned $0.22 earnings per share. MasterBrand has set its FY 2026 guidance at -0.060-0.000 EPS.

Analysts Set New Price Targets

MBC has been the subject of several recent analyst reports. Wall Street Zen lowered shares of MasterBrand from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “hold (c)” rating on shares of MasterBrand in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $15.00.

Institutional Trading of MasterBrand

Large investors have recently bought and sold shares of the business. Boston Partners boosted its holdings in shares of MasterBrand by 7.8% during the 3rd quarter. Boston Partners now owns 8,930,199 shares of the company’s stock worth $117,688,000 after purchasing an additional 649,960 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of MasterBrand by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,563,076 shares of the company’s stock valued at $72,456,000 after purchasing an additional 273,877 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in MasterBrand by 20.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,949,665 shares of the company’s stock worth $38,847,000 after buying an additional 492,035 shares in the last quarter. Cooke & Bieler LP purchased a new position in MasterBrand during the fourth quarter worth approximately $31,255,000. Finally, Goldman Sachs Group Inc. boosted its stake in MasterBrand by 5.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,616,658 shares of the company’s stock worth $28,888,000 after buying an additional 144,569 shares during the last quarter. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Trading Down 4.1%

The company has a current ratio of 1.67, a quick ratio of 1.13 and a debt-to-equity ratio of 0.72. The company has a fifty day simple moving average of $11.98 and a 200-day simple moving average of $12.16. The company has a market capitalization of $1.47 billion, a PE ratio of 57.83 and a beta of 1.46.

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.