Masco Co. (NYSE:MAS – Get Free Report) has received a consensus rating of “Moderate Buy” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $77.58.
Several research firms have commented on MAS. Royal Bank of Canada boosted their price target on shares of Masco from $78.00 to $79.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Robert W. Baird boosted their target price on shares of Masco from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. StockNews.com cut Masco from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Citigroup decreased their price target on Masco from $73.00 to $66.00 and set a “neutral” rating for the company in a report on Thursday, July 11th. Finally, BMO Capital Markets increased their price objective on Masco from $75.00 to $78.00 and gave the company a “market perform” rating in a report on Wednesday, July 31st.
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Hedge Funds Weigh In On Masco
Masco Stock Performance
NYSE MAS opened at $76.07 on Monday. The stock has a market cap of $16.75 billion, a PE ratio of 18.64, a P/E/G ratio of 2.39 and a beta of 1.24. Masco has a twelve month low of $47.66 and a twelve month high of $79.54. The stock has a fifty day simple moving average of $70.76 and a 200-day simple moving average of $72.08. The company has a current ratio of 1.76, a quick ratio of 1.12 and a debt-to-equity ratio of 16.18.
Masco (NYSE:MAS – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The construction company reported $1.20 earnings per share 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 analysts’ expectations of $2.10 billion. Masco had a net margin of 11.59% and a return on equity of 602.39%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the business earned $1.19 earnings per share. Equities analysts anticipate that Masco will post 4.1 earnings per share for the current year.
Masco Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 19th. Stockholders of record on Friday, August 2nd will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, August 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.52%. Masco’s payout ratio is 28.43%.
Masco Company Profile
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.
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