Masco (NYSE:MAS – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.
A number of other equities research analysts also recently weighed in on the stock. Citigroup reduced their price target on shares of Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Truist Financial increased their price objective on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. raised their target price on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings raised shares of Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Finally, UBS Group upped their price target on shares of Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $80.67.
Masco Price Performance
Masco (NYSE:MAS – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.16. Masco had a return on equity of 815.20% and a net margin of 10.90%.The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the firm posted $0.87 earnings per share. Masco’s revenue was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts expect that Masco will post 4.25 earnings per share for the current fiscal year.
Masco announced that its board has approved a stock repurchase program on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 2.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Masco
A number of institutional investors have recently added to or reduced their stakes in MAS. Sunbelt Securities Inc. acquired a new position in shares of Masco during the third quarter worth $26,000. Bard Associates Inc. acquired a new stake in Masco in the fourth quarter valued at $25,000. Bogart Wealth LLC raised its position in Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after purchasing an additional 408 shares during the last quarter. Headlands Technologies LLC raised its position in Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in Masco during the 2nd quarter worth about $37,000. 93.91% of the stock is owned by institutional investors.
More Masco News
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Zacks Research lifted Masco’s FY2027 earnings estimate to $4.69 per share, signaling improved profit expectations. Masco FY2027 EPS estimate raised
- Positive Sentiment: FY2028 EPS estimates were also raised to $5.25 per share, reinforcing a constructive long-term outlook for Masco. Masco FY2028 EPS estimate raised
- Positive Sentiment: Masco was upgraded to Zacks Rank #1 (Strong Buy), which often draws investor attention and can support the shares. Masco upgraded to Strong Buy
- Neutral Sentiment: Additional Zacks commentary placed MAS on a “Best Value Stocks to Buy” list, adding to the bullish narrative but with less immediate impact than the earnings revisions. Best Value Stocks to Buy list
- Negative Sentiment: A separate Seeking Alpha piece carried a downgrade headline, which could temper some of the bullish momentum around the stock. Masco Corporation: The Upside Isn’t Worth It (Downgrade)
Masco Company Profile
Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door?bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.
The company’s product offerings are organized into two primary segments.
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