Masco (NYSE:MAS) Rating Increased to Outperform at Evercore

Key Points

• Evercore upgraded Masco from "in-line" to "outperform" and set a $78 price target, implying about a 23.9% upside from the prior close.
• The board approved a $2.00 billion share repurchase program to buy up to 13.5% of shares, signaling management believes the stock may be undervalued.
• Analysts are mixed — the consensus rating is "Hold" with a $75.93 average target; Masco slightly beat quarterly EPS ($0.82 vs. $0.78) while revenue fell and FY2026 guidance is $4.10–$4.30 EPS.

Masco (NYSE:MAS - Get Free Report) was upgraded by research analysts at Evercore from an "in-line" rating to an "outperform" rating in a note issued to investors on Monday,Finviz reports. The firm currently has a $78.00 price target on the construction company's stock. Evercore's target price suggests a potential upside of 23.86% from the stock's previous close.

MAS has been the subject of several other reports. Zelman & Associates downgraded Masco to a "hold" rating in a report on Wednesday, February 11th. Oppenheimer reaffirmed an "outperform" rating and set a $88.00 price target on shares of Masco in a report on Wednesday, February 11th. Wells Fargo & Company reduced their target price on Masco from $85.00 to $70.00 and set an "overweight" rating for the company in a report on Wednesday, April 8th. Weiss Ratings downgraded Masco from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, March 9th. Finally, Robert W. Baird set a $82.00 target price on Masco in a report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $75.93.

Masco Price Performance

Shares of NYSE MAS opened at $62.97 on Monday. The company has a debt-to-equity ratio of 38.75, a current ratio of 1.81 and a quick ratio of 1.14. The stock has a fifty day moving average price of $66.58 and a 200 day moving average price of $66.08. Masco has a 1-year low of $56.55 and a 1-year high of $79.19. The company has a market cap of $12.78 billion, a PE ratio of 16.36, a P/E/G ratio of 1.79 and a beta of 1.29.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the company earned $0.89 earnings per share. The company's revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Sell-side analysts forecast that Masco will post 4.34 EPS for the current year.

Masco announced that its board has approved a share repurchase plan on Tuesday, February 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Insider Buying and Selling

In other Masco news, CAO Heath M. Eisman sold 747 shares of the firm's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares of the company's stock, valued at approximately $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.50% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Covestor Ltd raised its stake in shares of Masco by 20.7% during the 4th quarter. Covestor Ltd now owns 829 shares of the construction company's stock worth $53,000 after buying an additional 142 shares during the last quarter. Gateway Investment Advisers LLC raised its stake in shares of Masco by 0.3% during the 3rd quarter. Gateway Investment Advisers LLC now owns 44,241 shares of the construction company's stock worth $3,114,000 after buying an additional 143 shares during the last quarter. Andina Capital Management LLC raised its stake in shares of Masco by 2.4% during the 4th quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company's stock worth $417,000 after buying an additional 154 shares during the last quarter. Pallas Capital Advisors LLC raised its stake in shares of Masco by 1.4% during the 3rd quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company's stock worth $854,000 after buying an additional 162 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its stake in shares of Masco by 3.5% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company's stock worth $314,000 after buying an additional 167 shares during the last quarter. Institutional investors and hedge funds own 93.91% of the company's stock.

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.

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