Masco (NYSE:MAS) had its target price lifted by Argus from $44.00 to $48.00 in a report published on Monday morning, BenzingaRatingsTable reports. Argus currently has a buy rating on the construction company’s stock.

A number of other analysts also recently weighed in on the company. Robert W. Baird set a $48.00 target price on Masco and gave the stock a buy rating in a research report on Friday, July 26th. Raymond James set a $50.00 target price on Masco and gave the stock a buy rating in a research report on Friday, July 26th. Barclays set a $45.00 target price on Masco and gave the stock a buy rating in a research report on Friday, July 26th. Royal Bank of Canada set a $45.00 target price on Masco and gave the stock a buy rating in a research report on Friday, July 26th. Finally, Zacks Investment Research upgraded Masco from a sell rating to a hold rating and set a $44.00 target price for the company in a research report on Monday, July 29th. Five equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $45.60.

Shares of MAS opened at $43.19 on Monday. The company has a market cap of $12.51 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 1.77 and a beta of 1.41. The company has a current ratio of 1.46, a quick ratio of 0.96 and a debt-to-equity ratio of 39.03. The stock has a 50-day moving average price of $40.08 and a 200-day moving average price of $39.03. Masco has a 12-month low of $27.03 and a 12-month high of $43.50.

Masco (NYSE:MAS) last issued its quarterly earnings results on Thursday, July 25th. The construction company reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.07. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.34 billion. Masco had a return on equity of 792.80% and a net margin of 8.77%. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the company posted $0.75 EPS. As a group, analysts predict that Masco will post 2.66 earnings per share for the current year.

In other Masco news, CFO John G. Sznewajs sold 85,473 shares of Masco stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $40.88, for a total value of $3,494,136.24. Following the transaction, the chief financial officer now directly owns 318,403 shares of the company’s stock, valued at approximately $13,016,314.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.17% of the stock is owned by insiders.

A number of institutional investors have recently made changes to their positions in the business. ETF Managers Group LLC increased its stake in Masco by 8.2% in the 1st quarter. ETF Managers Group LLC now owns 3,570 shares of the construction company’s stock worth $140,000 after purchasing an additional 272 shares during the period. Avestar Capital LLC increased its stake in shares of Masco by 7.3% during the first quarter. Avestar Capital LLC now owns 4,477 shares of the construction company’s stock valued at $156,000 after buying an additional 305 shares during the period. Rehmann Capital Advisory Group increased its stake in shares of Masco by 18.6% during the second quarter. Rehmann Capital Advisory Group now owns 2,005 shares of the construction company’s stock valued at $79,000 after buying an additional 315 shares during the period. Johnson Financial Group Inc. increased its stake in shares of Masco by 94.5% during the second quarter. Johnson Financial Group Inc. now owns 706 shares of the construction company’s stock valued at $27,000 after buying an additional 343 shares during the period. Finally, Rational Advisors LLC increased its stake in shares of Masco by 111.6% during the second quarter. Rational Advisors LLC now owns 658 shares of the construction company’s stock valued at $26,000 after buying an additional 347 shares during the period. 90.83% 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 worldwide. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, fitness systems, and other non-decorative plumbing products; brass, copper, and composite plumbing system components; and thermoplastic extrusions, extruded plastic profiles, and specialized fabrications.

Further Reading: Return on Investment (ROI)

Analyst Recommendations for Masco (NYSE:MAS)

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