Masco Co. (NYSE:MAS) Given Consensus Rating of "Hold" by Brokerages - MarketBeat

2022-09-17 08:06:29 By : Mr. andy li

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Masco Co. (NYSE:MAS - Get Rating) has received a consensus rating of "Hold" from the sixteen analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $63.93.

A number of equities research analysts recently commented on MAS shares. Barclays decreased their price objective on Masco from $68.00 to $66.00 and set an "overweight" rating for the company in a research note on Thursday, July 14th. JPMorgan Chase & Co. decreased their price objective on Masco from $58.00 to $54.00 in a research note on Friday, July 15th. UBS Group decreased their price objective on Masco from $81.00 to $76.00 and set a "buy" rating for the company in a research note on Friday, July 29th. Wells Fargo & Company lifted their price objective on Masco from $60.00 to $62.00 and gave the stock an "overweight" rating in a research note on Monday, August 1st. Finally, StockNews.com cut Masco from a "buy" rating to a "hold" rating in a research note on Friday, August 5th.Insider Buying and Selling

In related news, CEO Keith J. Allman sold 10,000 shares of the company's stock in a transaction dated Thursday, July 14th. The stock was sold at an average price of $52.02, for a total transaction of $520,200.00. Following the sale, the chief executive officer now owns 288,295 shares in the company, valued at $14,997,105.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is currently owned by corporate insiders. Institutional Trading of Masco

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Confluence Wealth Services Inc. acquired a new position in shares of Masco in the fourth quarter valued at approximately $31,000. Clear Street Markets LLC grew its position in shares of Masco by 401.0% in the second quarter. Clear Street Markets LLC now owns 491 shares of the construction company's stock valued at $25,000 after purchasing an additional 393 shares during the last quarter. Prospera Financial Services Inc acquired a new position in shares of Masco in the first quarter valued at approximately $25,000. Charter Oak Capital Management LLC acquired a new position in shares of Masco in the second quarter valued at approximately $28,000. Finally, Arlington Partners LLC grew its position in shares of Masco by 752.6% in the second quarter. Arlington Partners LLC now owns 810 shares of the construction company's stock valued at $41,000 after purchasing an additional 715 shares during the last quarter. Institutional investors own 92.59% of the company's stock. Masco Trading Up 2.1 %

Shares of MAS opened at $52.28 on Monday. The stock has a fifty day moving average price of $53.19 and a two-hundred day moving average price of $53.27. The company has a debt-to-equity ratio of 52.66, a quick ratio of 0.81 and a current ratio of 1.36. Masco has a 52-week low of $46.27 and a 52-week high of $71.06. The company has a market cap of $11.79 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.08 and a beta of 1.23.

Masco (NYSE:MAS - Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The construction company reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.05). Masco had a net margin of 9.83% and a negative return on equity of 686.15%. The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts predict that Masco will post 4.17 EPS for the current fiscal year. Masco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 29th. Investors of record on Friday, August 12th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $1.12 annualized dividend and a yield of 2.14%. Masco's payout ratio is presently 31.11%. About Masco (Get Rating)

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.Featured ArticlesGet a free copy of the StockNews.com research report on Masco (MAS)Can Electronic Arts Buck the Downturn in Videogaming? Dollar General is the Big Fish in Little Ponds Across the U.S.Here’s Why the CPI Report will Dictate the Market Bottom MarketBeat: Week in Review 9/5 – 9/9Prepare For A Record-Setting Quarter For Cyber Security Stocks

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