As of Friday close, MasterBrand Inc.’s (NYSE:MBC) stock was up $0.06, moving up 0.48 percent to $12.58. The average number of shares traded per day over the past five days has been 651,220 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.30 fall in that time frame. In the last twenty days, the average volume was 664,495, while in the previous 50 days, it was 1,521,650.
Since last month, MBC stock rose 4.57%. Shares of the company fell to $11.81 on 07/21/23, the lowest level in the past month. Since the beginning of this year, MBC’s stock price has risen by 66.62% or $5.03, and marked a new high 27 times. However, the stock has declined by -16.13% since its 52-week high.
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MBC stock investors should be aware that MasterBrand Inc. (MBC) stock had its last reported insider trading activity 208 days ago on Jan 23. GOLDMAN SACHS GROUP INC, the 10% Owner of the company, purchased of 1,481 shares for $8.51 on Jan 23. It resulted in a $12,608 investment by the insider. GOLDMAN SACHS GROUP INC sold 1,362 shares at an average price of $8.59 on Jan 23. The insider now owns 15,778,583 shares following the transaction.
Valuation Metrics
Right now, MasterBrand Inc. (MBC) has a P/E ratio of about 10.40. Besides these, the trailing price-to-sales (P/S) ratio of 0.50, the price-to-book (PB) ratio of 1.54, and the price-to-cash flow ratio of 9.20 may also be considered.
Financial Health
In the three months ended June 29, MasterBrand Inc.’s quick ratio stood at 1.20, while its current ratio was 2.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.88, and the total debt-to-equity ratio was 0.90. On the profitability front, the trailing twelve-month gross margin is 28.70% percent. In the year ended June 29, EBITDA margin amounted to 10.22%, whereas operating margins totaled 6.20%. Based on annual data, MBC earned $940.5 million in gross profit and brought in $3.28 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.30%. Return on equity (ROE) for the past 12 months was 8.40%.
In MasterBrand Inc.’s quarter-end financial report for June 29, it reported total debt of $788.3 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MBC’s revenue rose 100.0% during the quarter, while net income inched up to $695.1 million. While analysts expected MasterBrand Inc. to report $0.31 quarterly earnings, the actual figure was $0.42 per share, beating the consensus estimate by 35.50%. During the quarter, the company generated $103.6 million in EBITDA. The liabilities of MasterBrand Inc. were 1.32 billion at the end of its most recent quarter ended June 29, and its total debt was $877.2 million. The value of shareholders’ equity is $127.68 million.
Technical Picture
This quick technical analysis looks at MasterBrand Inc.’s (MBC) price momentum. With a historical volatility rate of 32.26%, the RSI 9-day stood at 52.71% on 18 August.
With respect to its five-day moving average, the current MasterBrand Inc. price is down by -2.33% percent or -$0.30. At present, MBC shares trade +6.25% above its 20-day simple moving average and +64.23% percent above its 100-day simple moving average. However, the stock is currently trading approximately +13.95% above its SMA50.
Stochastic coefficient K was 40.00% and Stochastic coefficient D was 42.21%, while ATR was 0.38. Given the Stochastic reading of 38.82% for the 14-day period, the RSI (14) reading has been calculated as 55.44%. As of today, the MACD Oscillator reading stands at -0.09, while the 14-day reading stands at -0.04.
Analyst Ratings
Loop Capital upgraded its rating on MasterBrand Inc. (NYSE: MBC) to a Buy in a note to investors on May 10, 2023. The analysts firm previously had a Hold rating on the stock.MasterBrand Inc. (MBC) has been rated Buy by analysts. According to 0 brokerage firms, MBC is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate MasterBrand Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $16.00, the current consensus forecast for the stock is $16.00 – $16.00. Based on these forecasts, analysts predict MasterBrand Inc. (MBC) will achieve an average price target of $16.00.
