MasterBrand (NYSE:MBC) Issues FY 2025 Earnings Guidance
by Doug Wharley · The Cerbat GemMasterBrand (NYSE:MBC – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.010-1.130 for the period, compared to the consensus EPS estimate of 1.120. The company issued revenue guidance of -.
MasterBrand Stock Up 1.6%
NYSE MBC traded up $0.20 on Tuesday, hitting $12.65. The stock had a trading volume of 1,836,914 shares, compared to its average volume of 1,204,419. The business’s fifty day moving average price is $13.04 and its 200 day moving average price is $11.88. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 17.56 and a beta of 1.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.87 and a quick ratio of 1.12. MasterBrand has a 52-week low of $9.63 and a 52-week high of $20.67.
MasterBrand (NYSE:MBC – Get Free Report) last posted its quarterly earnings data on Tuesday, June 13th. The company reported $0.40 earnings per share for the quarter. MasterBrand had a return on equity of 11.88% and a net margin of 3.37%.The firm had revenue of $777.10 million during the quarter.
Analyst Upgrades and Downgrades
A number of research firms recently commented on MBC. Weiss Ratings reiterated a “hold (c)” rating on shares of MasterBrand in a research note on Wednesday, October 8th. Wall Street Zen raised shares of MasterBrand from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $15.00.
Check Out Our Latest Report on MBC
Institutional Trading of MasterBrand
Several institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers grew its stake in MasterBrand by 15.2% during the 2nd quarter. Cetera Investment Advisers now owns 12,953 shares of the company’s stock valued at $142,000 after acquiring an additional 1,705 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of MasterBrand by 34.6% during the 2nd quarter. Corient Private Wealth LLC now owns 18,584 shares of the company’s stock worth $203,000 after purchasing an additional 4,778 shares during the last quarter. Amundi purchased a new stake in shares of MasterBrand in the second quarter valued at approximately $231,000. Tower Research Capital LLC TRC grew its position in shares of MasterBrand by 532.8% in the second quarter. Tower Research Capital LLC TRC now owns 21,598 shares of the company’s stock valued at $236,000 after purchasing an additional 18,185 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in shares of MasterBrand in the second quarter valued at approximately $267,000. 87.32% of the stock is owned by institutional investors and hedge funds.
MasterBrand Company Profile
MasterBrand, Inc engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders.
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