Masco Corporation (NYSE:MAS) Receives $79.87 Consensus Price Target from Brokerages

Masco Corporation (NYSE:MAS) has earned an average recommendation of “Hold” from the eighteen brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $79.8667.

A number of brokerages recently issued reports on MAS. Royal Bank Of Canada lifted their target price on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. Wells Fargo & Company upped their price target on Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Citigroup lowered their price objective on shares of Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. BMO Capital Markets cut their price objective on shares of Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. Finally, Robert W. Baird upped their target price on Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd.

Masco Stock Performance

MAS stock opened at $77.52 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. The business’s 50-day moving average price is $76.07 and its two-hundred day moving average price is $70.57. Masco has a 1-year low of $58.16 and a 1-year high of $83.64. The firm has a market cap of $15.29 billion, a PE ratio of 17.82, a P/E/G ratio of 1.96 and a beta of 1.30.

Masco (NYSE:MAS) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the previous year, the firm posted $1.30 earnings per share. The business’s 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, research analysts forecast that Masco will post 4.52 earnings per share for the current year.

Masco declared that its Board of Directors has approved a share repurchase plan on Thursday, May 7th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the construction company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Masco

Hedge funds have recently made changes to their positions in the business. Sunbelt Securities Inc. bought a new stake in Masco in the 3rd quarter valued at about $26,000. Bard Associates Inc. acquired a new position in shares of Masco during the 4th quarter worth approximately $25,000. Bell Investment Advisors Inc bought a new position in shares of Masco during the second quarter worth approximately $32,000. Bogart Wealth LLC raised its position in shares of Masco by 2,550.0% in the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares in the last quarter. Finally, Headlands Technologies LLC raised its position in shares of 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 buying an additional 293 shares in the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

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.