Masco Co. (NYSE:MAS) Receives $85.96 Consensus Target Price from Analysts

Shares of Masco Co. (NYSE:MAS - Get Free Report) have received an average rating of "Moderate Buy" from the fourteen ratings firms that are presently covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $85.96.

A number of research firms recently weighed in on MAS. Loop Capital raised their price target on shares of Masco from $76.00 to $87.00 and gave the company a "hold" rating in a research report on Wednesday, October 30th. Robert W. Baird decreased their price target on Masco from $95.00 to $94.00 and set an "outperform" rating for the company in a research report on Wednesday, October 30th. StockNews.com cut Masco from a "buy" rating to a "hold" rating in a research report on Friday, November 15th. UBS Group upped their price objective on Masco from $89.00 to $94.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company lifted their target price on Masco from $90.00 to $92.00 and gave the stock an "overweight" rating in a research note on Monday, October 7th.

Insiders Place Their Bets

In other Masco news, VP Kenneth G. Cole sold 37,814 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $78.32, for a total value of $2,961,592.48. Following the sale, the vice president now directly owns 36,980 shares in the company, valued at $2,896,273.60. This represents a 50.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MAS. New Covenant Trust Company N.A. bought a new position in Masco in the 1st quarter worth about $25,000. Innealta Capital LLC bought a new position in shares of Masco in the second quarter worth approximately $25,000. Family Firm Inc. purchased a new stake in Masco in the second quarter valued at approximately $30,000. Massmutual Trust Co. FSB ADV raised its stake in Masco by 46.0% in the second quarter. Massmutual Trust Co. FSB ADV now owns 568 shares of the construction company's stock valued at $38,000 after purchasing an additional 179 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in Masco during the third quarter valued at approximately $38,000. Institutional investors own 93.91% of the company's stock.

Masco Stock Up 0.8 %

MAS stock traded up $0.61 during mid-day trading on Wednesday, reaching $76.78. 304,066 shares of the company traded hands, compared to its average volume of 1,797,195. The company has a quick ratio of 1.21, a current ratio of 1.83 and a debt-to-equity ratio of 20.74. The firm's 50 day moving average price is $81.81 and its 200 day moving average price is $75.34. The stock has a market cap of $16.57 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.54 and a beta of 1.24. Masco has a fifty-two week low of $58.89 and a fifty-two week high of $86.70.

Masco (NYSE:MAS - Get Free Report) last announced its earnings results on Tuesday, October 29th. The construction company reported $1.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.08. The company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $2 billion. Masco had a return on equity of 615.54% and a net margin of 10.54%. Masco's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.00 earnings per share. As a group, equities research analysts predict that Masco will post 4.09 EPS for the current fiscal year.

Masco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Friday, November 8th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.51%. Masco's payout ratio is 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.