MasterBrand (NYSE:MBC) Upgraded by Wall Street Zen to “Sell” Rating

MasterBrand (NYSE:MBC) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

MasterBrand Trading Up 0.1%

NYSE:MBC opened at $9.06 on Friday. MasterBrand has a 1-year low of $6.61 and a 1-year high of $14.22. The business’s 50-day moving average price is $8.44 and its two-hundred day moving average price is $9.98. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of -453.02 and a beta of 1.48.

MasterBrand (NYSE:MBC) last issued its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. The firm had revenue of $618.00 million for the quarter, compared to analysts’ expectations of $591.35 million. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The company’s revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Insider Buying and Selling at MasterBrand

In other news, Director David D. Petratis acquired 11,587 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of $8.82 per share, for a total transaction of $102,197.34. Following the completion of the acquisition, the director owned 69,915 shares in the company, valued at $616,650.30. This trade represents a 19.87% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Philip D. Fracassa acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were purchased at an average price of $9.11 per share, with a total value of $45,550.00. Following the acquisition, the director owned 45,041 shares of the company’s stock, 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 have purchased 81,587 shares of company stock worth $696,347 over the last ninety days. 2.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MasterBrand

Several institutional investors and hedge funds have recently made changes to their positions in MBC. Axiom Investment Management LLC bought a new stake in shares of MasterBrand in the 1st quarter valued at $29,000. Northwestern Mutual Wealth Management Co. lifted its holdings in MasterBrand by 696.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock worth $33,000 after acquiring an additional 2,634 shares in the last quarter. IFP Advisors Inc grew its stake in MasterBrand by 124.4% in the fourth quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after acquiring an additional 1,946 shares during the period. Clearstead Advisors LLC grew its stake in MasterBrand by 165.2% in the fourth 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 increased its holdings in shares of MasterBrand by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after acquiring an additional 1,177 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

About MasterBrand

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.