Masco Corporation (NYSE:MAS) Receives Consensus Recommendation of “Hold” from Analysts

Masco Corporation (NYSE:MAS) has been assigned a consensus recommendation of “Hold” from the twenty research firms that are covering the stock, Marketbeat Ratings reports. Thirteen research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $73.5333.

A number of analysts have commented on the stock. Royal Bank Of Canada cut their price target on shares of Masco from $71.00 to $69.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 30th. Oppenheimer set a $79.00 target price on Masco and gave the company an “outperform” rating in a research report on Monday, August 4th. Argus lowered their target price on Masco from $82.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Wells Fargo & Company cut their price target on Masco from $80.00 to $70.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Masco in a report on Wednesday, October 8th.

Hedge Funds Weigh In On Masco

Institutional investors and hedge funds have recently made changes to their positions in the stock. Gateway Investment Advisers LLC raised its holdings in Masco by 0.3% in the 3rd quarter. Gateway Investment Advisers LLC now owns 44,241 shares of the construction company’s stock valued at $3,114,000 after acquiring an additional 143 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of Masco by 2.9% during the second quarter. HB Wealth Management LLC now owns 5,522 shares of the construction company’s stock worth $355,000 after purchasing an additional 157 shares during the last quarter. Pallas Capital Advisors LLC grew its position in shares of Masco by 1.4% in the third quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock valued at $854,000 after purchasing an additional 162 shares during the period. Harvest Investment Advisors LLC increased its stake in Masco by 0.7% in the first quarter. Harvest Investment Advisors LLC now owns 23,063 shares of the construction company’s stock valued at $1,604,000 after purchasing an additional 165 shares during the last quarter. Finally, Clearstead Advisors LLC lifted its position in Masco by 21.6% during the third quarter. Clearstead Advisors LLC now owns 947 shares of the construction company’s stock worth $67,000 after buying an additional 168 shares during the period. Institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

NYSE:MAS opened at $64.87 on Friday. The company has a debt-to-equity ratio of 17.53, a quick ratio of 1.14 and a current ratio of 1.88. Masco has a fifty-two week low of $56.55 and a fifty-two week high of $82.18. The company has a 50 day simple moving average of $66.04 and a two-hundred day simple moving average of $67.19. The company has a market capitalization of $13.47 billion, a PE ratio of 16.63, a P/E/G ratio of 2.69 and a beta of 1.17.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, October 29th. The construction company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.05). Masco had a net margin of 10.89% and a return on equity of 1,317.38%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. Research analysts anticipate that Masco will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Friday, November 7th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, November 7th. Masco’s dividend payout ratio (DPR) is presently 31.79%.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.