The closing price of Masco Corp. (NYSE: MAS) was $73.99 for the day, down -3.57% from the previous closing price of $76.73. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 2677010 shares were traded.
Ratios:
Our analysis of MAS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.90. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 16.32B and an Enterprise Value of 18.89B. As of this moment, Masco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.40, and their Forward P/E ratio for the next fiscal year is 16.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04. Its current Enterprise Value per Revenue stands at 2.37 whereas that against EBITDA is 12.65.
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 $46.77. The 50-Day Moving Average of the stock is 74.71, while the 200-Day Moving Average is calculated to be 62.91.
Shares Statistics:
MAS traded an average of 2.04M shares per day over the past three months and 1.57M shares per day over the past ten days. A total of 220.60M shares are outstanding, with a floating share count of 218.90M. Insiders hold about 0.40% of the company’s shares, while institutions hold 96.74% stake in the company. Shares short for MAS as of Mar 15, 2024 were 4.73M with a Short Ratio of 2.21, compared to 3.76M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.15% and a Short% of Float of 2.44%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.14, MAS has a forward annual dividend rate of 1.14. Against a Trailing Annual Dividend Yield of 1.49%, it implies a Forward Annual Dividend Yield of 1.49%. The stock’s 5-year Average Dividend Yield is 1.49. The current Payout Ratio is 28.50% for MAS, which recently paid a dividend on Mar 11, 2024 with an ex-dividend date of Feb 21, 2024. Stock splits for the company last occurred on Jul 01, 2015 when the company split stock in a 1138:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 18 analysts. On average, analysts expect EPS of $0.88 for the current quarter, with a high estimate of $0.92 and a low estimate of $0.85, while EPS last year was $0.87. The consensus estimate for the next quarter is $1.23, with high estimates of $1.27 and low estimates of $1.19.
Analysts are recommending an EPS of between $4.25 and $4 for the fiscal current year, implying an average EPS of $4.13. EPS for the following year is $4.57, with 21 analysts recommending between $4.77 and $4.35.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 18 analysts. It ranges from a high estimate of $1.97B to a low estimate of $1.9B. As of the current estimate, Masco Corp.’s year-ago sales were $1.98B, an estimated decrease of -2.00% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $2.12B, an increase of 2.30% over than the figure of -$2.00% in the same quarter last year. There is a high estimate of $2.15B for the next quarter, whereas the lowest estimate is $2.08B.
A total of 21 analysts have provided revenue estimates for MAS’s current fiscal year. The highest revenue estimate was $8.11B, while the lowest revenue estimate was $7.97B, resulting in an average revenue estimate of $8.03B. In the same quarter a year ago, actual revenue was $7.97B, up 0.80% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $8.35B in the next fiscal year. The high estimate is $8.54B and the low estimate is $8.2B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.
