Royal Bank of Canada set a $46.00 price target on Masco (NYSE:MAS) in a research report report published on Friday. The firm currently has a buy rating on the construction company’s stock.

Several other analysts also recently commented on the stock. Robert W. Baird increased their target price on shares of Masco from $42.00 to $44.00 and gave the company an outperform rating in a report on Wednesday, October 25th. Zacks Investment Research lowered shares of Masco from a hold rating to a sell rating in a research report on Tuesday, December 26th. JPMorgan Chase & Co. lowered shares of Masco from an overweight rating to a neutral rating in a research report on Friday, January 5th. Raymond James Financial restated a market perform rating on shares of Masco in a research report on Wednesday, October 25th. Finally, FBR & Co restated a buy rating and set a $46.00 price target (up previously from $43.00) on shares of Masco in a research report on Wednesday, October 25th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $44.07.

Shares of Masco (MAS) traded up $1.43 during mid-day trading on Friday, hitting $42.13. 5,990,423 shares of the stock traded hands, compared to its average volume of 3,170,270. The stock has a market capitalization of $12,755.03, a P/E ratio of 20.87, a P/E/G ratio of 1.01 and a beta of 1.49. The company has a debt-to-equity ratio of 16.87, a quick ratio of 1.43 and a current ratio of 1.97. Masco has a 52 week low of $31.29 and a 52 week high of $46.44.

Masco (NYSE:MAS) last announced its earnings results on Thursday, February 8th. The construction company reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.01. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.84 billion. Masco had a net margin of 6.97% and a return on equity of 1,000.81%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.33 earnings per share. equities research analysts predict that Masco will post 2.43 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Friday, January 12th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.42 dividend on an annualized basis and a yield of 1.00%. Masco’s dividend payout ratio is presently 25.45%.

In other Masco news, VP Renee Straber sold 2,574 shares of the stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $42.55, for a total transaction of $109,523.70. Following the completion of the transaction, the vice president now owns 65,423 shares in the company, valued at $2,783,748.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lokeren Mary Ann Van sold 16,850 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $38.85, for a total transaction of $654,622.50. Following the transaction, the director now owns 47,909 shares of the company’s stock, valued at approximately $1,861,264.65. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of MAS. First Personal Financial Services bought a new position in Masco during the fourth quarter worth about $100,000. Vestpro Financial Partners Inc. dba CPF Texas bought a new position in Masco during the fourth quarter worth about $114,000. Advisory Services Network LLC boosted its position in shares of Masco by 27.6% in the second quarter. Advisory Services Network LLC now owns 3,532 shares of the construction company’s stock valued at $135,000 after acquiring an additional 763 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Masco by 299.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,698 shares of the construction company’s stock valued at $162,000 after acquiring an additional 2,772 shares during the period. Finally, Parsons Capital Management Inc. RI bought a new position in shares of Masco in the fourth quarter valued at approximately $204,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.

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Masco Company Profile

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

Analyst Recommendations for Masco (NYSE:MAS)

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