Recent Research Analysts’ Ratings Updates for Masco (MAS)

A number of firms have modified their ratings and price targets on shares of Masco (NYSE: MAS) recently:

• 10/22/2024 – Masco had its price target raised by analysts at BMO Capital Markets from $78.00 to $85.00. They now have a “market perform” rating on the stock.
• 10/21/2024 – Masco had its price target raised by analysts at Robert W. Baird from $88.00 to $95.00. They now have an “outperform” rating on the stock.
• 10/21/2024 – Masco was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 10/9/2024 – Masco had its price target raised by analysts at Barclays PLC from $88.00 to $92.00. They now have an “overweight” rating on the stock.
• 10/9/2024 – Masco had its price target raised by analysts at Jefferies Financial Group Inc. from $89.00 to $96.00. They now have a “buy” rating on the stock.
• 10/8/2024 – Masco was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/7/2024 – Masco had its price target raised by analysts at Wells Fargo & Company from $90.00 to $92.00. They now have an “overweight” rating on the stock.
• 9/30/2024 – Masco was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Masco Trading Down 0.3 %

Shares of Masco stock opened at $81.98 on Thursday. Masco Co. has a 52-week low of $47.66 and a 52-week high of $86.70. The company has a debt-to-equity ratio of 16.18, a quick ratio of 1.12 and a current ratio of 1.76. The firm has a 50-day moving average of $80.97 and a 200-day moving average of $74.16. The stock has a market cap of $18.06 billion, a PE ratio of 20.09, a PEG ratio of 2.64 and a beta of 1.24.

Masco (NYSE:MAS) last posted its quarterly earnings results on Thursday, July 25th. The construction company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.02. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.10 billion. Masco had a return on equity of 602.39% and a net margin of 11.59%. Masco’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 earnings per share. As a group, sell-side analysts forecast that Masco Co. will post 4.11 EPS for the current year.

Insider Activity at Masco

In other news, VP Kenneth G. Cole sold 37,814 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $78.32, for a total value of $2,961,592.48. Following the completion of the transaction, the vice president now owns 36,980 shares of the company’s stock, valued at approximately $2,896,273.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Masco

A number of hedge funds and other institutional investors have recently bought and sold shares of MAS. Grimes & Company Inc. bought a new stake in shares of Masco in the 1st quarter valued at about $201,000. Vicus Capital raised its position in Masco by 62.3% in the 1st quarter. Vicus Capital now owns 6,921 shares of the construction company’s stock valued at $546,000 after buying an additional 2,656 shares during the last quarter. Foguth Wealth Management LLC. purchased a new position in Masco during the first quarter worth about $524,000. LVW Advisors LLC grew its holdings in shares of Masco by 93.8% in the first quarter. LVW Advisors LLC now owns 13,721 shares of the construction company’s stock valued at $1,082,000 after acquiring an additional 6,640 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its stake in Masco by 1.3% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 539,398 shares of the construction company’s stock valued at $42,548,000 after purchasing an additional 7,064 shares during the period. Institutional investors own 93.91% of the company’s stock.

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.