Masco (NYSE:MAS) Now Covered by Analysts at Melius Research

Key Points

• Melius Research initiated coverage of Masco with a “hold” rating and a $75 price target, implying approximately 9.44% upside from the reported share price.
• Analyst sentiment remains cautious: Masco has an overall “Hold” consensus rating, with 13 Hold, 6 Buy, and 1 Sell ratings and an average price target of $79.29.
• Masco exceeded quarterly EPS expectations, reporting $1.64 versus the $1.32 consensus estimate, although revenue declined 2.9% year over year to $1.99 billion. Institutional investors own 93.91% of the company’s stock.

Melius Research began coverage on shares of Masco (NYSE:MAS - Get Free Report) in a research note issued on Tuesday, Briefing.com reports. The brokerage set a "hold" rating and a $75.00 price target on the construction company's stock. Melius Research's target price points to a potential upside of 9.44% from the company's current price.

A number of other equities research analysts have also recently issued reports on the stock. Barclays decreased their price target on shares of Masco from $82.00 to $79.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. Zacks Research downgraded Masco from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 14th. DA Davidson started coverage on Masco in a report on Monday, August 24th. They issued a "neutral" rating and a $80.00 target price on the stock. Citigroup cut their price target on Masco from $79.00 to $77.00 and set a "neutral" rating for the company in a report on Friday, July 31st. Finally, Truist Financial lowered their price objective on shares of Masco from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $79.29.

Masco Trading Up 0.2%

Shares of MAS stock opened at $68.53 on Tuesday. Masco has a 12 month low of $58.16 and a 12 month high of $83.64. The company has a market cap of $13.51 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 1.67 and a beta of 1.30. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07. The business's 50 day moving average is $71.83 and its two-hundred day moving average is $70.96.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, topping 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 business had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $2.08 billion. During the same period in the previous year, the company earned $1.30 earnings per share. Masco's revenue for the quarter was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that Masco will post 4.52 EPS for the current year.

Institutional Investors Weigh In On Masco

A number of institutional investors have recently added to or reduced their stakes in MAS. BlackRock Inc. acquired a new stake in shares of Masco during the second quarter worth approximately $1,278,943,000. JPMorgan Chase & Co. boosted its position in shares of Masco by 19.2% during the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company's stock worth $384,776,000 after purchasing an additional 977,684 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Masco by 6.8% in the 4th quarter. Van ECK Associates Corp now owns 3,375,286 shares of the construction company's stock valued at $214,195,000 after buying an additional 213,676 shares during the period. Bank of America Corp DE acquired a new position in shares of Masco in the 2nd quarter valued at $178,424,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Masco in the 2nd quarter valued at $156,668,000. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Company Profile

Masco Corporation is a manufacturer of branded home-improvement and building products. The company operates primarily through two product areas: plumbing products and decorative architectural products, serving residential, commercial and professional customers involved in new construction, remodeling and repair.

Masco's plumbing portfolio includes faucets, showering products, sinks, spas and related fixtures marketed under brands such as Delta Faucet, Brizo, Peerless, Hansgrohe and HotSpring.

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