Masco (NYSE:MAS) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• Masco's stock received a "Hold (C+)" rating from Weiss Ratings, with a current average price target of $74.60 following several analysts' ratings revisions.
• The company's recent earnings report revealed a net margin of 10.51% and an EPS of $1.30, exceeding analysts' expectations.
• Insider trading activity included a significant sale by Jai Shah, who sold 82,910 shares at an average price of $76.04, reducing his ownership by 67.66%.

Masco (NYSE:MAS - Get Free Report)'s stock had its "hold (c+)" rating reiterated by stock analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

MAS has been the subject of several other reports. Royal Bank Of Canada raised their target price on Masco from $62.00 to $71.00 and gave the stock a "sector perform" rating in a research report on Friday, August 1st. Robert W. Baird cut Masco from an "outperform" rating to a "neutral" rating and set a $70.00 target price for the company. in a research report on Tuesday, July 22nd. Wells Fargo & Company lifted their price objective on Masco from $73.00 to $80.00 and gave the company an "equal weight" rating in a report on Thursday, September 11th. Wall Street Zen raised Masco from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Finally, Loop Capital reissued a "hold" rating and set a $73.00 price objective (up from $62.00) on shares of Masco in a report on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $74.60.

Masco Stock Up 0.5%

Shares of MAS stock opened at $68.84 on Wednesday. The stock has a market cap of $14.41 billion, a P/E ratio of 18.26, a price-to-earnings-growth ratio of 2.50 and a beta of 1.18. Masco has a one year low of $56.55 and a one year high of $86.70. The stock has a fifty day moving average price of $72.06 and a 200 day moving average price of $66.86. The company has a debt-to-equity ratio of 19.63, a current ratio of 1.82 and a quick ratio of 1.14.

Masco (NYSE:MAS - Get Free Report) last issued its earnings results on Thursday, July 31st. The construction company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.08 by $0.22. The firm had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $2 billion. Masco had a return on equity of 1,519.31% and a net margin of 10.51%.Masco's quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business earned $1.20 earnings per share. Masco has set its FY 2025 guidance at 3.900-4.100 EPS. Analysts predict that Masco will post 4.34 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Jai Shah sold 82,910 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $76.04, for a total value of $6,304,476.40. Following the completion of the sale, the insider directly owned 39,638 shares in the company, valued at approximately $3,014,073.52. This trade represents a 67.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Heath M. Eisman sold 2,431 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $74.62, for a total value of $181,401.22. Following the completion of the sale, the chief accounting officer owned 12,036 shares of the company's stock, valued at approximately $898,126.32. This trade represents a 16.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.50% of the company's stock.

Institutional Trading of Masco

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HB Wealth Management LLC increased its position in Masco by 2.9% in the second quarter. HB Wealth Management LLC now owns 5,522 shares of the construction company's stock worth $355,000 after purchasing an additional 157 shares during the period. Harvest Investment Advisors LLC increased its position in Masco by 0.7% in the first quarter. Harvest Investment Advisors LLC now owns 23,063 shares of the construction company's stock worth $1,604,000 after purchasing an additional 165 shares during the period. Applied Finance Capital Management LLC increased its position in Masco by 3.2% in the second quarter. Applied Finance Capital Management LLC now owns 5,593 shares of the construction company's stock worth $360,000 after purchasing an additional 173 shares during the period. Transcend Capital Advisors LLC increased its position in Masco by 2.8% in the second quarter. Transcend Capital Advisors LLC now owns 6,503 shares of the construction company's stock worth $419,000 after purchasing an additional 176 shares during the period. Finally, Abundance Wealth Counselors increased its position in Masco by 1.0% in the second quarter. Abundance Wealth Counselors now owns 18,651 shares of the construction company's stock worth $1,242,000 after purchasing an additional 184 shares during the period. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Company Profile

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.

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