MasterBrand Inc. (NYSE: MBC) is 16.42% higher on its value in year-to-date trading and has touched a low of $7.17 and a high of $15.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MBC stock was last observed hovering at around $8.54 in the last trading session, with the day’s gains setting it 0.25% off its average median price target of $9.00 for the next 12 months. It is also 2.33% off the consensus price target high of $9.00 offered by 1 analysts, but current levels are 2.33% higher than the price target low of $9.00 for the same period.
Currently trading at $8.79, the stock is 11.80% and 8.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 2.93% at the moment leaves the stock 8.71% off its SMA200.
The stock witnessed a 16.58% in the last 1 month, and is 5.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 5.46% over the month.
MasterBrand Inc. (MBC) has around 15000 employees, a market worth around $1.08B and $3.24B in sales. Current P/E ratio is 6.42 and Fwd P/E is 5.49. Profit margin for the company is 5.40%. Distance from 52-week low is 22.59% and -41.40% from its 52-week high. The company has generated returns on investments over the last 12 months (7.30%).
MasterBrand Inc. (MBC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for MasterBrand Inc. (MBC) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
MasterBrand Inc. is expected to release its quarterly report on 05/31/2023.The EPS is expected to grow by 25.30% this year.
MasterBrand Inc. (MBC) Top Institutional Holders
The shares outstanding are 128.24M, and float is at 127.61M with Short Float at 3.70%.
MasterBrand Inc. (MBC) Insider Activity
A total of 6 insider transactions have happened at MasterBrand Inc. (MBC) in the last six months, with sales accounting for 3 and purchases happening 3 times.