Masco Co. (NYSE:MAS) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Masco Co. (NYSE:MAS - Get Free Report) have earned an average rating of "Hold" from the thirteen analysts that are currently covering the firm, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $86.79.

Several research analysts have recently commented on the company. Truist Financial lifted their target price on Masco from $84.00 to $92.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Wells Fargo & Company reissued an "equal weight" rating and issued a $85.00 price objective (down from $92.00) on shares of Masco in a research report on Tuesday, December 17th. Royal Bank of Canada lowered shares of Masco from an "outperform" rating to a "sector perform" rating and upped their price target for the company from $79.00 to $80.00 in a research note on Wednesday, October 30th. Jefferies Financial Group downgraded shares of Masco from a "buy" rating to a "hold" rating and cut their price objective for the stock from $96.00 to $89.00 in a research report on Monday, December 16th. Finally, Citigroup decreased their target price on Masco from $82.00 to $77.00 and set a "neutral" rating on the stock in a research report on Monday.

Institutional Investors Weigh In On Masco

A number of large investors have recently bought and sold shares of MAS. Capital Performance Advisors LLP acquired a new stake in shares of Masco during the 3rd quarter worth approximately $38,000. Ashton Thomas Securities LLC bought a new position in Masco in the third quarter valued at about $43,000. Venturi Wealth Management LLC increased its position in Masco by 59.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company's stock worth $50,000 after purchasing an additional 222 shares in the last quarter. Covestor Ltd lifted its stake in shares of Masco by 86.4% in the 3rd quarter. Covestor Ltd now owns 673 shares of the construction company's stock valued at $57,000 after acquiring an additional 312 shares during the last quarter. Finally, Intact Investment Management Inc. acquired a new stake in shares of Masco during the third quarter valued at about $77,000. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Up 1.0 %

MAS traded up $0.72 during trading on Thursday, reaching $72.42. 1,078,056 shares of the stock were exchanged, compared to its average volume of 1,086,871. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.21 and a current ratio of 1.83. The stock's 50 day moving average price is $77.39 and its two-hundred day moving average price is $77.15. Masco has a twelve month low of $63.81 and a twelve month high of $86.70. The stock has a market cap of $15.62 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 2.55 and a beta of 1.25.

Masco (NYSE:MAS - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The construction company reported $1.08 earnings per share for the quarter, hitting the consensus estimate of $1.08. Masco had a net margin of 10.54% and a return on equity of 615.54%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the business earned $1.00 EPS. Masco's revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts expect that Masco will post 4.09 EPS for the current year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Friday, November 8th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend was Friday, November 8th. Masco's dividend payout ratio (DPR) is presently 30.85%.

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.