Masco Corp (NYSE:MAS) has earned an average rating of “Buy” from the twenty-two ratings firms that are presently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $44.49.
MAS has been the subject of several research reports. JPMorgan Chase & Co. lowered their price target on shares of Masco from $49.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, April 26th. MKM Partners lowered their price target on shares of Masco to $45.00 and set a “buy” rating for the company in a research report on Wednesday, April 25th. Robert W. Baird set a $46.00 price target on shares of Masco and gave the stock a “buy” rating in a research report on Tuesday, April 24th. Barclays set a $47.00 price target on shares of Masco and gave the stock a “buy” rating in a research report on Wednesday, April 25th. Finally, Deutsche Bank upped their price target on shares of Masco from $39.00 to $43.00 and gave the stock a “hold” rating in a research report on Tuesday, February 27th.
Masco traded up $0.45, reaching $38.42, during mid-day trading on Thursday, MarketBeat reports. The company had a trading volume of 2,284,700 shares, compared to its average volume of 3,645,094. The company has a debt-to-equity ratio of 16.23, a current ratio of 1.69 and a quick ratio of 1.10. The company has a market capitalization of $12.02 billion, a P/E ratio of 19.80, a P/E/G ratio of 1.00 and a beta of 1.49. Masco has a 12 month low of $35.79 and a 12 month high of $46.44.
Masco (NYSE:MAS) last issued its earnings results on Tuesday, April 24th. The construction company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.04). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.86 billion. Masco had a return on equity of 512.88% and a net margin of 6.96%. Masco’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 earnings per share. research analysts expect that Masco will post 2.52 EPS for the current fiscal year.
In related news, Director Lisa A. Payne sold 5,577 shares of the stock in a transaction that occurred on Thursday, March 22nd. The shares were sold at an average price of $41.85, for a total transaction of $233,397.45. Following the completion of the sale, the director now owns 56,766 shares of the company’s stock, valued at $2,375,657.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.20% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Vestpro Financial Partners Inc. dba CPF Texas purchased a new stake in Masco during the fourth quarter valued at approximately $114,000. Avestar Capital LLC purchased a new position in shares of Masco in the fourth quarter worth $135,000. Dupont Capital Management Corp raised its holdings in shares of Masco by 61.3% in the first quarter. Dupont Capital Management Corp now owns 3,909 shares of the construction company’s stock worth $158,000 after buying an additional 1,486 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Masco by 299.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,698 shares of the construction company’s stock worth $162,000 after buying an additional 2,772 shares during the last quarter. Finally, Adviser Investments LLC purchased a new position in shares of Masco in the first quarter worth $181,000. 88.31% of the stock is owned by institutional investors.
Masco Company Profile
Masco Corporation designs, manufactures, and distributes home improvement and building products worldwide. Its Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools, brass and copper plumbing system components, and other non-decorative plumbing products.
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