Analysts predict Masco Corp. (MAS) stock to reach $71.55 in the next 12 months

Masco Corp. [MAS] stock prices are up 1.94% to $72.04 at the moment. 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 4.44% over the last week, with a monthly amount drifted -2.64%, and not seem to be holding up well over a long-time horizon.

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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.

The stock price of Masco Corp. [MAS] has been fluctuating between $47.66 and $78.94 over the past year. Currently, Wall Street analysts expect the stock to reach $71.55 within the next 12 months. Masco Corp. [NYSE: MAS] shares were valued at $72.04 at the most recent close of the market. An investor can expect a potential drop of -0.68% based on the average MAS price forecast.

Analyzing the MAS fundamentals

The Masco Corp. [NYSE:MAS] reported sales of 7.91B for trailing twelve months, representing a drop of -2.68%. 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 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is -79.83 and Total Capital is 0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -39.96.

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 71.09 points at the first support level, and at 70.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.58, and for the 2nd resistance point, it is at 73.12.

Masco Corp. [MAS] reported earnings per share of $0.93 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.88/share, meaning a difference of $0.05 and a surprise factor of 5.70%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.83 per share as compared to estimates of $0.66 per share, a difference of $0.17 representing a surprise of 25.80%.

Ratios To Look Out For

It’s worth pointing out that Masco Corp. [NYSE:MAS]’s Current Ratio is 1.74. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 2.00 and price to earnings (TTM) ratio is 17.63.

Transactions by insiders

Recent insider trading involved Allman Keith J., President and CEO, that happened on Mar 06 ’24 when 1.26 million shares were sold. VP – Chief HR Officer, Straber Renee completed a deal on Mar 05 ’24 to sell 52264.0 shares. Meanwhile, VP – Masco Operating Sys. Marshall Richard Allan sold 5000.0 shares on Mar 01 ’24.

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