Are Masco Corp. (MAS) stocks a prudent buy?

Masco Corp. [MAS] stock is trading at $76.70, up 0.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MAS shares have gain 4.23% over the last week, with a monthly amount glided 12.15%, and seem to be holding up well over a long-time horizon.

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On 23, February 2024, Masco Corporation to Participate in Live Webcast of Presentation at Investor Conference. In a post published today on Yahoo Finance, Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will participate in a live presentation at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida on Monday, March 4, at 7:30 a.m. ET.

From an analyst’s perspective:

Masco Corp. [NYSE: MAS] stock has seen the most recent analyst activity on February 02, 2024, when Citigroup initiated its Neutral rating and assigned the stock a price target of $70. On October 17, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $58 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $65 on April 28, 2023. Deutsche Bank upgraded its rating to a Hold and raised its price target to $56 on February 13, 2023. RBC Capital Mkts upgraded its rating to Outperform for this stock on February 10, 2023, and upped its price target to $57. In a note dated January 11, 2023, Deutsche Bank downgraded an Sell rating on this stock but restated the target price of $43.

Masco Corp. [MAS] stock has fluctuated between $46.69 and $76.73 over the past year. Currently, Wall Street analysts expect the stock to reach $69.9 within the next 12 months. Masco Corp. [NYSE: MAS] shares were valued at $76.70 at the most recent close of the market. An investor can expect a potential drop of -8.87% based on the average MAS price forecast.

Analyzing the MAS fundamentals

Masco Corp. [NYSE:MAS] reported sales of 7.97B for the trailing twelve months, which represents a drop of -2.13%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is -32.72 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-25.44.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 76.18 points at the first support level, and at 75.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.28, and for the 2nd resistance point, it is at 77.85.

Masco Corp. [MAS] reported earnings per share of $0.83 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.66/share, meaning a difference of $0.17 and a surprise factor of 25.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1 per share as compared to estimates of $0.91 per share, a difference of $0.09 representing a surprise of 9.90%.

Ratios To Look Out For

For context, Masco Corp.’s Current Ratio is 1.68. Also, the Quick Ratio is 1.08, while the Cash Ratio stands at 0.37. Considering the valuation of this stock, the price to sales ratio is 2.12 and price to earnings (TTM) ratio is 19.07.

Transactions by insiders

Recent insider trading involved Cole Kenneth G., VP, General Counsel and Sec., that happened on Feb 22 when 36210.0 shares were sold. VP, General Counsel and Sec., Cole Kenneth G. completed a deal on Dec 04 to sell 27043.0 shares. Meanwhile, Group President Shah Jai sold 25000.0 shares on Dec 04.

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