MasterBrand Inc (NYSE: MBC) is -1.62% lower on its value in year-to-date trading and has touched a low of $13.37 and a high of $20.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MBC stock was last observed hovering at around $14.94 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $14.61, the stock is -12.19% and -15.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -2.21% at the moment leaves the stock -13.26% off its SMA200. MBC registered -3.44% loss for a year compared to 6-month gain of -2.01%. The firm has a 50-day simple moving average (SMA 50) of $17.3766 and a 200-day simple moving average (SMA200) of $16.85635.
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The stock witnessed a -11.99% loss in the last 1 month and extending the period to 3 months gives it a -22.58%, and is -10.86% down 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 4.73% over the week and 3.24% over the month.
MasterBrand Inc (MBC) has around 12000 employees, a market worth around $1.86B and $2.71B in sales. Current P/E ratio is 12.88 and Fwd P/E is 8.91. Profit margin for the company is 5.46%. Distance from 52-week low is 9.31% and -29.32% from its 52-week high. The company has generated returns on investments over the last 12 months (6.15%).
with sales reaching $722.85M over the same period.The EPS is expected to grow by 6.61% this year, but quarterly earnings will post 1.07% year-over-year. Quarterly sales are estimated to grow 6.76% in year-over-year returns.
491.0 institutions hold shares in MasterBrand Inc (MBC), with institutional investors hold 94.94% of the company’s shares. The shares outstanding are 127.10M, and float is at 125.32M with Short Float at 3.46%. Institutions hold 93.54% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.85 million shares valued at $291.46 million. The investor’s holdings represent 15.6332 of the MBC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.64 million shares valued at $156.2 million to account for 8.3781 of the shares outstanding. The other top investors are GATES CAPITAL MANAGEMENT, INC. which holds 9.23 million shares representing 7.2697 and valued at over $135.53 million, while PACER ADVISORS, INC. holds 5.3293 of the shares totaling 6.77 million with a market value of $99.36 million.
MasterBrand Inc (MBC) Insider Activity
The most recent transaction is an insider sale by Young Mark A., the company’s VP, Chief Accounting Officer. SEC filings show that Young Mark A. sold 4,715 shares of the company’s common stock on Sep 13 ’24 at a price of $16.33 per share for a total of $77003.0. Following the sale, the insider now owns 45148.0 shares.
Still, SEC filings show that on Sep 11 ’24, HACKETT ANN F (Director) disposed off 17,589 shares at an average price of $15.95 for $0.28 million. The insider now directly holds 45,520 shares of MasterBrand Inc (MBC).
