Masco (NYSE:MAS) Earns Hold Rating from Analysts at Vertical Research

Vertical Research started coverage on shares of Masco (NYSE:MAS) in a research report sent to investors on Monday, Marketbeat Ratings reports. The firm issued a hold rating on the construction company’s stock.

Several other equities analysts also recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Masco from $73.00 to $80.00 and gave the company an “equal weight” rating in a report on Thursday, September 11th. Zacks Research raised Masco from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. Oppenheimer set a $79.00 price target on shares of Masco and gave the stock an “outperform” rating in a report on Monday, August 4th. JPMorgan Chase & Co. raised their price target on shares of Masco from $65.00 to $74.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Finally, Robert W. Baird downgraded shares of Masco from an “outperform” rating to a “neutral” rating and set a $70.00 price objective on the stock. in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, Masco has an average rating of “Hold” and an average price target of $73.86.

Masco Stock Performance

Shares of MAS opened at $68.96 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.14 and a debt-to-equity ratio of 19.63. The firm has a market cap of $14.44 billion, a PE ratio of 18.29, a P/E/G ratio of 2.77 and a beta of 1.18. Masco has a 12 month low of $56.55 and a 12 month high of $83.10. The stock has a fifty day moving average price of $71.62 and a 200-day moving average price of $66.79.

Masco (NYSE:MAS) last announced its earnings results on Thursday, July 31st. The construction company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.22. Masco had a return on equity of 1,519.31% and a net margin of 10.51%.The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2 billion. During the same period in the previous year, the business earned $1.20 EPS. The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2025 guidance at 3.900-4.100 EPS. Equities research analysts predict that Masco will post 4.34 earnings per share for the current fiscal year.

Masco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were given a dividend of $0.31 per share. The ex-dividend date was Friday, August 8th. This represents a $1.24 dividend on an annualized basis and a yield of 1.8%. Masco’s payout ratio is presently 32.89%.

Insider Transactions at Masco

In other Masco news, CAO Heath M. Eisman sold 2,431 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $74.62, for a total value of $181,401.22. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $898,126.32. This trade represents a 16.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jai Shah sold 82,910 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $76.04, for a total value of $6,304,476.40. Following the transaction, the insider owned 39,638 shares in the company, valued at approximately $3,014,073.52. This represents a 67.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Alpine Bank Wealth Management purchased a new position in Masco during the first quarter worth about $29,000. Elevation Point Wealth Partners LLC purchased a new position in Masco in the second quarter worth approximately $28,000. Costello Asset Management INC purchased a new position in Masco in the first quarter worth approximately $31,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Masco during the first quarter worth $33,000. Finally, Headlands Technologies LLC raised its position in Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

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.