Masco Corp (NYSE:MAS) Given Average Recommendation of “Buy” by Brokerages

Masco Corp (NYSE:MAS) has received a consensus rating of “Buy” from the twenty-two research firms that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $45.27.

Several brokerages have recently weighed in on MAS. TheStreet cut shares of Masco from a “b” rating to a “c+” rating in a research note on Friday, July 26th. Zelman & Associates raised shares of Masco from a “hold” rating to a “buy” rating in a research note on Monday, April 29th. Robert W. Baird set a $48.00 target price on shares of Masco and gave the company a “buy” rating in a research note on Friday, July 26th. Raymond James set a $50.00 target price on shares of Masco and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Zacks Investment Research raised shares of Masco from a “sell” rating to a “hold” rating and set a $44.00 target price for the company in a research note on Monday, July 29th.

Several large investors have recently added to or reduced their stakes in MAS. ETF Managers Group LLC lifted its holdings in shares of Masco by 8.2% during the first quarter. ETF Managers Group LLC now owns 3,570 shares of the construction company’s stock worth $140,000 after buying an additional 272 shares in the last quarter. Avestar Capital LLC lifted its holdings in shares of Masco by 7.3% during the first quarter. Avestar Capital LLC now owns 4,477 shares of the construction company’s stock worth $156,000 after buying an additional 305 shares in the last quarter. Advisor Partners LLC lifted its holdings in shares of Masco by 3.7% during the first quarter. Advisor Partners LLC now owns 9,070 shares of the construction company’s stock worth $357,000 after buying an additional 323 shares in the last quarter. Great Valley Advisor Group Inc. lifted its holdings in shares of Masco by 3.8% during the first quarter. Great Valley Advisor Group Inc. now owns 8,892 shares of the construction company’s stock worth $350,000 after buying an additional 329 shares in the last quarter. Finally, Johnson Financial Group Inc. lifted its holdings in shares of Masco by 94.5% during the second quarter. Johnson Financial Group Inc. now owns 706 shares of the construction company’s stock worth $27,000 after buying an additional 343 shares in the last quarter. 91.14% of the stock is owned by institutional investors and hedge funds.



Shares of MAS traded up $0.32 during mid-day trading on Tuesday, hitting $39.17. 1,529,358 shares of the company’s stock were exchanged, compared to its average volume of 3,274,217. The firm has a market capitalization of $11.34 billion, a P/E ratio of 15.67, a PEG ratio of 1.64 and a beta of 1.44. Masco has a 52 week low of $27.03 and a 52 week high of $42.58. The stock has a 50-day moving average of $39.36. The company has a debt-to-equity ratio of 39.03, a quick ratio of 0.96 and a current ratio of 1.46.

Masco (NYSE:MAS) last issued its quarterly earnings results on Thursday, July 25th. The construction company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.07. The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Masco had a net margin of 8.77% and a return on equity of 792.80%. The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. On average, equities research analysts anticipate that Masco will post 2.66 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Friday, July 12th were paid a $0.12 dividend. The ex-dividend date was Thursday, July 11th. This represents a $0.48 annualized dividend and a dividend yield of 1.23%. Masco’s dividend payout ratio is presently 19.20%.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products worldwide. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, fitness systems, and other non-decorative plumbing products; brass, copper, and composite plumbing system components; and thermoplastic extrusions, extruded plastic profiles, and specialized fabrications.

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Analyst Recommendations for Masco (NYSE:MAS)

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