Masco (NYSE:MAS) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday, May 28th.

Several other equities analysts have also issued reports on MAS. Credit Suisse Group set a $46.00 price target on Masco and gave the company a “hold” rating in a research note on Tuesday, April 24th. MKM Partners lowered their target price on Masco to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, April 25th. JPMorgan Chase & Co. lowered their target price on Masco from $49.00 to $45.00 and set a “neutral” rating on the stock in a research report on Thursday, April 26th. Wells Fargo & Co raised Masco from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Monday, May 14th. Finally, Robert W. Baird set a $46.00 target price on Masco and gave the stock a “buy” rating in a research report on Tuesday, April 24th. Nine analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $44.75.

Masco traded up $0.45, hitting $38.42, during trading on Monday, according to MarketBeat. The company’s stock had a trading volume of 2,284,700 shares, compared to its average volume of 3,645,094. Masco has a twelve month low of $35.79 and a twelve month high of $46.44. The company has a debt-to-equity ratio of 16.23, a quick ratio of 1.10 and a current ratio of 1.69. The firm has a market cap of $12.02 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.00 and a beta of 1.49.

Masco (NYSE:MAS) last issued its quarterly earnings results on Tuesday, April 24th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.04). Masco had a net margin of 6.96% and a return on equity of 512.88%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the firm posted $0.40 earnings per share. Masco’s quarterly revenue was up 8.0% compared to the same quarter last year. research analysts predict that Masco will post 2.52 EPS for the current fiscal year.

In other Masco news, Director Lisa A. Payne sold 5,577 shares of the company’s stock in a transaction on Thursday, March 22nd. The stock was sold at an average price of $41.85, for a total value of $233,397.45. Following the completion of the transaction, the director now owns 56,766 shares in the company, valued at approximately $2,375,657.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of MAS. Vestpro Financial Partners Inc. dba CPF Texas bought a new position in shares of Masco during the 4th quarter worth $114,000. Avestar Capital LLC bought a new position in shares of Masco during the 4th quarter worth $135,000. Dupont Capital Management Corp grew its stake in shares of Masco by 61.3% during the 1st quarter. Dupont Capital Management Corp now owns 3,909 shares of the construction company’s stock worth $158,000 after acquiring an additional 1,486 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Masco by 299.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,698 shares of the construction company’s stock worth $162,000 after acquiring an additional 2,772 shares during the period. Finally, Adviser Investments LLC bought a new position in shares of Masco during the 1st quarter worth $181,000. Institutional investors own 88.31% of the company’s stock.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products worldwide. Its Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools, brass and copper plumbing system components, and other non-decorative plumbing products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Masco (NYSE:MAS)

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