Market Update: Masco Corp. (MAS) Sees Negative Movement, Closing at 69.74

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In the latest session, Masco Corp. (NYSE: MAS) closed at $69.74 down -4.48% from its previous closing price of $73.01. In other words, the price has decreased by -$4.48 from its previous closing price. On the day, 4.61 million shares were traded. MAS stock price reached its highest trading level at $71.5 during the session, while it also had its lowest trading level at $68.56.

Ratios:

For a deeper understanding of Masco Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.68.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on February 02, 2024, initiated with a Neutral rating and assigned the stock a target price of $70.

On October 17, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $58.Wells Fargo initiated its Overweight rating on October 17, 2023, with a $58 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’24 when Allman Keith J. sold 1,260,508 shares for $75.79 per share. The transaction valued at 95,538,185 led to the insider holds 190,079 shares of the business.

Straber Renee sold 52,264 shares of MAS for $3,988,423 on Mar 05 ’24. The VP – Chief HR Officer now owns 33,864 shares after completing the transaction at $76.31 per share. On Mar 01 ’24, another insider, Marshall Richard Allan, who serves as the VP – Masco Operating Sys. of the company, sold 5,000 shares for $77.05 each. As a result, the insider received 385,257 and left with 10,465 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAS now has a Market Capitalization of 16104081408 and an Enterprise Value of 18903037952. As of this moment, Masco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.34, and their Forward P/E ratio for the next fiscal year is 15.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92. Its current Enterprise Value per Revenue stands at 2.373 whereas that against EBITDA is 12.461.

Stock Price History:

Over the past 52 weeks, MAS has reached a high of $78.94, while it has fallen to a 52-week low of $47.66. The 50-Day Moving Average of the stock is -7.33%, while the 200-Day Moving Average is calculated to be 9.58%.

Shares Statistics:

For the past three months, MAS has traded an average of 2.13M shares per day and 2203380 over the past ten days. A total of 220.60M shares are outstanding, with a floating share count of 219.01M. Insiders hold about 0.34% of the company’s shares, while institutions hold 96.44% stake in the company. Shares short for MAS as of 1711584000 were 4505483 with a Short Ratio of 2.12, compared to 1709164800 on 3535888. Therefore, it implies a Short% of Shares Outstanding of 4505483 and a Short% of Float of 2.32.

Dividends & Splits

According to the company, the forward annual dividend rate for MAS is 1.15, from 1.145 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015682783The stock’s 5-year Average Dividend Yield is 1.5.

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