Share on StockTwits

Masco (NYSE:MAS) has received a consensus recommendation of “Buy” from the eighteen analysts that are covering the stock, Analyst Ratings Network.com reports. Ten investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $23.10.

MAS has been the subject of a number of recent research reports. Analysts at Raymond James upgraded shares of Masco from a “market perform” rating to a “strong-buy” rating in a research note on Friday, May 2nd. They now have a $23.50 price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of Masco from a “sell” rating to a “neutral” rating in a research note on Friday, May 2nd. They now have a $20.50 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Masco from $22.00 to $21.00 in a research note on Monday, April 28th. They now have a “neutral” rating on the stock.

In other Masco news, Director Christopher O’herlihy purchased 3,000 shares of Masco stock on the open market in a transaction dated Tuesday, May 6th. The shares were purchased at an average cost of $20.11 per share, for a total transaction of $60,330.00. Following the transaction, the director now directly owns 10,900 shares in the company, valued at approximately $219,199. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Masco (NYSE:MAS) traded up 2.03% on Thursday, hitting $20.11. 760,105 shares of the company’s stock traded hands. Masco has a one year low of $18.27 and a one year high of $23.73. The stock has a 50-day moving average of $21.6 and a 200-day moving average of $21.87. The company has a market cap of $7.170 billion and a price-to-earnings ratio of 24.27.

Masco (NYSE:MAS) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $2.00 billion. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, analysts predict that Masco will post $1.02 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, May 12th. Investors of record on Friday, April 11th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, April 9th.

Masco Corporation manufactures, distributes and installs home improvement and building products. The Company is a manufacturer of a number of home improvements and building products, including faucets, cabinets, architectural coatings and windows, and the installer of insulation for the new home construction market.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.