Masco Co. (NYSE:MAS) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Masco Co. (NYSE:MAS - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $62.58.

Several analysts have commented on MAS shares. Royal Bank of Canada raised their price objective on Masco from $59.00 to $68.00 and gave the company an "outperform" rating in a report on Friday, July 28th. Jefferies Financial Group boosted their target price on Masco from $65.00 to $68.00 and gave the stock a "buy" rating in a research note on Thursday, July 13th. Bank of America lifted their price target on Masco from $57.00 to $59.00 in a report on Friday, July 28th. Truist Financial boosted their target price on Masco from $60.00 to $74.00 and gave the stock a "buy" rating in a research report on Friday, July 28th. Finally, Argus upped their target price on Masco from $70.00 to $72.00 and gave the company a "buy" rating in a research note on Monday.

Read Our Latest Analysis on Masco

In other Masco news, CFO John G. Sznewajs sold 20,361 shares of the business's stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $54.00, for a total transaction of $1,099,494.00. Following the sale, the chief financial officer now directly owns 187,784 shares of the company's stock, valued at approximately $10,140,336. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, VP Kenneth G. Cole sold 10,000 shares of the company's stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $54.95, for a total value of $549,500.00. Following the transaction, the vice president now directly owns 70,198 shares of the company's stock, valued at $3,857,380.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO John G. Sznewajs sold 20,361 shares of the company's stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $54.00, for a total transaction of $1,099,494.00. Following the completion of the sale, the chief financial officer now owns 187,784 shares of the company's stock, valued at $10,140,336. The disclosure for this sale can be found here. Insiders have sold a total of 259,601 shares of company stock valued at $15,406,701 in the last three months. 1.50% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC bought a new stake in Masco in the first quarter worth $27,000. Accel Wealth Management boosted its holdings in Masco by 65.8% in the first quarter. Accel Wealth Management now owns 761 shares of the construction company's stock worth $38,000 after purchasing an additional 302 shares in the last quarter. Optiver Holding B.V. bought a new stake in Masco during the first quarter valued at about $39,000. Allworth Financial LP boosted its holdings in Masco by 45.7% during the first quarter. Allworth Financial LP now owns 854 shares of the construction company's stock valued at $42,000 after acquiring an additional 268 shares during the period. Finally, Lindbrook Capital LLC boosted its holdings in Masco by 105.2% during the first quarter. Lindbrook Capital LLC now owns 913 shares of the construction company's stock valued at $45,000 after acquiring an additional 468 shares during the period. 91.60% of the stock is currently owned by institutional investors.

Shares of MAS opened at $60.54 on Thursday. The stock has a market capitalization of $13.63 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 2.50 and a beta of 1.22. The company has a debt-to-equity ratio of 420.86, a current ratio of 1.72 and a quick ratio of 1.07. The business's 50 day simple moving average is $56.41 and its 200-day simple moving average is $53.24. Masco has a 1 year low of $42.33 and a 1 year high of $63.85.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings data on Thursday, July 27th. The construction company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.96 by $0.23. The firm had revenue of $2.13 billion during the quarter, compared to analysts' expectations of $2.08 billion. Masco had a negative return on equity of 403.37% and a net margin of 9.73%. The firm's quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 EPS. As a group, equities analysts expect that Masco will post 3.6 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Friday, August 11th will be paid a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 1.88%. The ex-dividend date is Thursday, August 10th. Masco's dividend payout ratio (DPR) is currently 32.20%.

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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