Masco Corp (NYSE:MAS) has earned an average recommendation of “Buy” from the twenty analysts that are currently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $43.47.
MAS has been the topic of a number of research reports. Zacks Investment Research lowered Masco from a “buy” rating to a “sell” rating in a report on Tuesday, October 3rd. Robert W. Baird increased their price objective on Masco from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. KeyCorp restated a “hold” rating on shares of Masco in a research note on Tuesday, September 26th. JPMorgan Chase & Co. downgraded Masco from an “overweight” rating to a “neutral” rating in a research note on Friday, January 5th. Finally, Royal Bank of Canada upped their target price on Masco from $44.00 to $47.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th.
In other Masco news, VP John P. Lindow sold 17,026 shares of the stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $40.07, for a total transaction of $682,231.82. Following the transaction, the vice president now owns 101,681 shares in the company, valued at $4,074,357.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Renee Straber sold 2,574 shares of the stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $42.55, for a total value of $109,523.70. Following the transaction, the vice president now owns 65,423 shares in the company, valued at approximately $2,783,748.65. The disclosure for this sale can be found here. Insiders have sold 88,961 shares of company stock worth $3,537,891 in the last quarter. 1.30% of the stock is currently owned by company insiders.
Shares of Masco (NYSE MAS) traded up $0.03 during mid-day trading on Monday, hitting $45.76. The stock had a trading volume of 2,603,500 shares, compared to its average volume of 2,825,433. The company has a quick ratio of 1.43, a current ratio of 1.94 and a debt-to-equity ratio of 49.48. The firm has a market capitalization of $14,390.00, a price-to-earnings ratio of 27.08, a PEG ratio of 1.20 and a beta of 1.58. Masco has a fifty-two week low of $31.29 and a fifty-two week high of $46.01.
Masco (NYSE:MAS) last announced its quarterly earnings data on Tuesday, October 24th. The construction company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.96 billion. Masco had a net margin of 7.23% and a negative return on equity of 7,325.00%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. equities analysts expect that Masco will post 1.95 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Friday, January 12th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.92%. Masco’s payout ratio is 24.85%.
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Masco Company Profile
Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.
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