MasterBrand (NYSE:MBC) Shares Down 5.4% – Here’s What Happened

Shares of MasterBrand, Inc. (NYSE:MBC) traded down 5.4% on Monday . The stock traded as low as $9.34 and last traded at $9.35. 465,124 shares were traded during mid-day trading, a decline of 83% from the average session volume of 2,773,190 shares. The stock had previously closed at $9.88.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, MasterBrand currently has a consensus rating of “Sell”.

MasterBrand Price Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08. The business has a 50 day moving average price of $8.59 and a 200-day moving average price of $9.84. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -475.51 and a beta of 1.38.

MasterBrand (NYSE:MBC) last released its earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, topping the consensus estimate 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 business had revenue of $618.00 million during the quarter, compared to analysts’ expectations of $591.35 million. During the same quarter last year, the firm posted $0.18 earnings per share. The firm’s revenue was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Insider Transactions at MasterBrand

In related news, Director Philip D. Fracassa acquired 5,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of $9.11 per share, for a total transaction of $45,550.00. Following the completion of 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $9.02, for a total transaction of $236,729.90. Following the transaction, the executive vice president directly owned 241,665 shares in the company, valued at $2,179,818.30. This trade represents a 9.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders purchased 81,587 shares of company stock valued at $696,347. 2.04% of the stock is owned by insiders.

Institutional Trading of MasterBrand

Several hedge funds have recently bought and sold shares of MBC. Pertento Partners LLP acquired a new position in MasterBrand during the fourth quarter worth $42,835,000. Coliseum Capital Management LLC grew its holdings in shares of MasterBrand by 42.4% during the fourth quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock valued at $118,930,000 after buying an additional 3,209,323 shares during the last quarter. Cooke & Bieler LP bought a new stake in shares of MasterBrand during the fourth quarter worth about $31,255,000. Monarch Alternative Capital LP acquired a new stake in shares of MasterBrand in the 1st quarter worth about $16,620,000. Finally, Stonehill Capital Management LLC raised its holdings in shares of MasterBrand by 311.5% in the 3rd quarter. Stonehill Capital Management LLC now owns 1,954,780 shares of the company’s stock worth $25,744,000 after acquiring an additional 1,479,780 shares during 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.