The stock of MasterBrand Inc (NYSE: MBC) has decreased by -0.71 when compared to last closing price of 16.88. Despite this, the company has experienced a 1.39% gain in its stock price over the last five trading sessions. Business Wire reported 2024-04-10 that BEACHWOOD, Ohio–(BUSINESS WIRE)–MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its first quarter 2024 financial results after the market close on Tuesday, May 7, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.).
Is It Worth Investing in MasterBrand Inc (NYSE: MBC) Right Now?
MasterBrand Inc (NYSE: MBC) has a price-to-earnings ratio that is above its average at 11.97x. The stock has a 36-month beta value of 1.80. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MBC is 125.72M, and at present, short sellers hold a 2.74% of that float. On April 26, 2024, the average trading volume of MBC was 1.14M shares.
MBC’s Market Performance
MBC stock saw a decrease of 1.39% in the past week, with a monthly decline of -11.13% and a quarterly a decrease of 16.39%. The volatility ratio for the week is 3.30%, and the volatility levels for the last 30 days are 2.91% for MasterBrand Inc (MBC). The simple moving average for the past 20 days is -5.39% for MBC’s stock, with a 19.39% simple moving average for the past 200 days.
Analysts’ Opinion of MBC
Many brokerage firms have already submitted their reports for MBC stocks, with Loop Capital repeating the rating for MBC by listing it as a “Buy.” The predicted price for MBC in the upcoming period, according to Loop Capital is $13 based on the research report published on May 10, 2023 of the previous year 2023.
MBC Trading at -3.19% from the 50-Day Moving Average
After a stumble in the market that brought MBC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.11% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares sank -11.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.95% upper at present.
During the last 5 trading sessions, MBC rose by +1.39%, which changed the moving average for the period of 200-days by +44.48% in comparison to the 20-day moving average, which settled at $17.61. In addition, MasterBrand Inc saw 12.86% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MBC
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.33 for the gross margin
The net margin for MasterBrand Inc stands at 0.07. The total capital return value is set at 0.15. Equity return is now at value 16.52, with 7.41 for asset returns.
Based on MasterBrand Inc (MBC), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 4.77.
Currently, EBITDA for the company is 372.9 million with net debt to EBITDA at 1.64. When we switch over and look at the enterprise to sales, we see a ratio of 1.01. The receivables turnover for the company is 13.43for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.
Conclusion
To sum up, MasterBrand Inc (MBC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
