MasterBrand (MBC) Projected to Post Quarterly Earnings on Tuesday

MasterBrand (NYSE:MBC - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $722.85 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.

MasterBrand Stock Performance

MasterBrand stock traded up $0.19 during mid-day trading on Friday, hitting $16.82. 567,104 shares of the company's stock traded hands, compared to its average volume of 859,197. The firm has a 50 day simple moving average of $16.07 and a two-hundred day simple moving average of $16.71. MasterBrand has a fifty-two week low of $13.90 and a fifty-two week high of $20.67. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 14.76 and a beta of 1.58. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.82 and a quick ratio of 1.02.

Wall Street Analyst Weigh In

Separately, Loop Capital increased their price objective on MasterBrand from $20.00 to $23.00 and gave the stock a "buy" rating in a research report on Thursday, October 17th.

About MasterBrand

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.