Masco (NYSE:MAS) Price Target Raised to $90.00

Key Points

• Truist Financial raised Masco’s price target to $90 from $85 and maintained a Buy rating, implying 13.28% upside from the prior close.
• Masco reported stronger-than-expected quarterly results, with EPS of $1.19 versus the $1.02 consensus and revenue of $1.97 billion versus $1.93 billion expected.
• Analyst sentiment remains mixed: seven analysts rate the stock Buy, 11 Hold, and one Sell, producing a consensus Hold rating and average price target of $80.41.

Masco (NYSE:MAS - Get Free Report) had its price target upped by equities researchers at Truist Financial from $85.00 to $90.00 in a report released on Thursday, Benzinga reports. The firm presently has a "buy" rating on the construction company's stock. Truist Financial's target price indicates a potential upside of 13.28% from the stock's previous close.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings upgraded shares of Masco from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, October 16th. Wells Fargo & Company increased their target price on shares of Masco from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Thursday. Barclays decreased their target price on shares of Masco from $82.00 to $79.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 30th. Robert W. Baird boosted their price target on shares of Masco from $80.00 to $82.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, The Goldman Sachs Group restated a "buy" rating and set a $95.00 price target on shares of Masco in a research report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $80.41.

Masco Price Performance

Shares of NYSE MAS traded up $3.40 during trading hours on Thursday, reaching $79.45. 493,746 shares of the stock traded hands, compared to its average volume of 2,575,641. The company has a market capitalization of $15.67 billion, a P/E ratio of 18.28, a price-to-earnings-growth ratio of 1.92 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. Masco has a 52-week low of $58.16 and a 52-week high of $83.64. The company's 50-day simple moving average is $71.01 and its two-hundred day simple moving average is $70.77.

Masco (NYSE:MAS - Get Free Report) last released its earnings results on Wednesday, October 28th. The construction company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.17. The company had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.93 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%. Masco's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS. Equities research analysts forecast that Masco will post 4.52 EPS for the current year.

Hedge Funds Weigh In On Masco

Hedge funds have recently modified their holdings of the company. Bell Investment Advisors Inc purchased a new stake in shares of Masco during the second quarter worth about $32,000. Latitude Advisors LLC purchased a new position in Masco during the 3rd quarter valued at about $30,000. Pension & Wealth Management Advisors Inc. purchased a new position in Masco during the 3rd quarter valued at about $36,000. Johnson Financial Group Inc. bought a new position in Masco during the 2nd quarter valued at approximately $49,000. Finally, Trust Co. of Vermont bought a new position in Masco during the 2nd quarter valued at approximately $53,000. Hedge funds and other institutional investors own 93.91% of the company's stock.

Key Stories Impacting Masco

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Q3 earnings beat expectations: Masco reported adjusted EPS of $1.19, above the $1.02 consensus estimate, while sales of approximately $1.97 billion also topped forecasts. EPS increased from $0.97 a year earlier, supported by pricing, cost savings and operating leverage. Masco's Q3 Earnings Beat on Pricing and Cost Savings, Stock Rises
• Positive Sentiment: Margins improved materially: Operating profit rose 12% and operating margin expanded to 17.2% from 15.8%, while gross margin increased 240 basis points to 36.6%. Plumbing Products sales grew 4%, helping offset flat sales in Decorative Architectural Products. Masco Third-Quarter Sales Rise 3% to $1.97 Billion
• Positive Sentiment: 2026 outlook was raised: Management increased its full-year adjusted EPS guidance to $4.65-$4.75 and is targeting an 18%-18.5% operating margin. The company also issued fourth-quarter earnings guidance, reinforcing expectations for continued profitability. Masco forecasts 2026 EPS and operating margin
• Positive Sentiment: Shareholder returns continued: Masco declared a quarterly dividend of $0.32 per share, payable November 23, and returned $322 million through dividends and share repurchases during the quarter. Masco declares $0.32 dividend
• Neutral Sentiment: Mixed analyst signals: Robert W. Baird raised its price target from $80 to $82 but maintained a Neutral rating, while Wells Fargo increased its target to $85 from $82. These revisions suggest modest additional upside but limited conviction.
• Negative Sentiment: Valuation and future headwinds remain concerns: Bank of America reiterated its Sell rating with a $70 price target, citing Masco’s relatively rich valuation and potential earnings pressure despite the stronger results and guidance. Masco Sell rating from Bank of America

About Masco

Masco Corporation NYSE: MAS is a manufacturer of branded home improvement and building products. The company's portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.

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