Masco Corporation (NYSE:MAS) Given Average Recommendation of “Hold” by Brokerages

Masco Corporation (NYSE:MAS) has earned an average recommendation of “Hold” from the eighteen research firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $79.8667.

Several brokerages have recently issued reports on MAS. Wells Fargo & Company increased their price target on shares of Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Evercore downgraded shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price for the company. in a research note on Thursday, July 30th. Truist Financial cut their price target on Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. The Goldman Sachs Group raised their price target on Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, UBS Group lowered their price objective on Masco from $97.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 30th.

Hedge Funds Weigh In On Masco

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bard Associates Inc. purchased a new stake in shares of Masco during the 4th quarter worth approximately $25,000. Sunbelt Securities Inc. purchased a new position in shares of Masco in the 3rd quarter valued at $26,000. Bogart Wealth LLC grew its position in shares of Masco by 2,550.0% in the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares during the last quarter. Bell Investment Advisors Inc acquired a new stake in Masco during the 2nd quarter worth $32,000. Finally, Headlands Technologies LLC lifted its position in Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after acquiring an additional 293 shares during the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Price Performance

Shares of MAS opened at $76.10 on Friday. The firm has a 50-day simple moving average of $76.33 and a two-hundred day simple moving average of $70.66. The stock has a market cap of $15.01 billion, a PE ratio of 17.49, a P/E/G ratio of 1.89 and a beta of 1.30. Masco has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter last year, the company posted $1.30 EPS. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts forecast that Masco will post 4.52 EPS for the current year.

Masco announced that its Board of Directors has authorized a stock repurchase program on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

About Masco

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.