Masco Corporation [NYSE: MAS] gained 1.21% or 0.7 points to close at $58.70 with a heavy trading volume of 1087693 shares. The company report on July 30, 2020 that Masco Corporation Reports Second Quarter 2020 Results.
Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its second quarter results.
It opened the trading session at $58.20, the shares rose to $58.73 and dropped to $58.00, the range by which the price of stock traded the whole day. The daily chart for MAS points out that the company has recorded 30.16% gains over the past six months. However, it is still -117.09% lower than its most recent low trading price.
If we look at the average trading volume of 2.58M shares, MAS reached to a volume of 1087693 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Masco Corporation [MAS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAS shares is $64.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MAS stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Masco Corporation shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on May 29, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on May 28, 2020, representing the official price target for Masco Corporation stock. Previously, the target price had yet another drop from $44 to $40, while RBC Capital Mkts kept a Outperform rating on MAS stock. On April 07, 2020, analysts decreased their price target for MAS shares from 49 to 41.
The Average True Range (ATR) for Masco Corporation is set at 1.06, with the Price to Sales ratio for MAS stock in the period of the last 12 months amounting to 2.44. Price to Free Cash Flow for MAS in the course of the last twelve months was 24.19 with Quick ratio for the last quarter at 1.10.
Trading performance analysis for MAS stock
Masco Corporation [MAS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.28. With this latest performance, MAS shares gained by 8.10% in over the last four-week period, additionally plugging by 30.16% over the last 6 months – not to mention a rise of 44.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MAS stock in for the last two-week period is set at 65.61, with the RSI for the last a single of trading hit 62.39, and the three-weeks RSI is set at 65.60 for Masco Corporation [MAS]. The present Moving Average for the last 50 days of trading for this stock 53.18, while it was recorded at 58.66 for the last single week of trading, and 46.21 for the last 200 days.
Masco Corporation [MAS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Masco Corporation [MAS] shares currently have an operating margin of +16.36 and a Gross Margin at +35.17. Masco Corporation’s Net Margin is presently recorded at +9.47.
Return on Total Capital for MAS is now 36.78, given the latest momentum, and Return on Invested Capital for the company is 22.85. Additionally, MAS Total Debt to Total Capital is recorded at 108.58, with Total Debt to Total Assets ending up at 59.14.
Reflecting on the efficiency of the workforce at the company, Masco Corporation [MAS] managed to generate an average of $28,864 per employee. Receivables Turnover for the company is 6.23 with a Total Asset Turnover recorded at a value of 1.29.Masco Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.50.
Masco Corporation [MAS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Masco Corporation posted 0.68/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MAS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Masco Corporation go to 14.24%.
An analysis of insider ownership at Masco Corporation [MAS]
There are presently around $14,089 million, or 93.90% of MAS stock, in the hands of institutional investors. The top three institutional holders of MAS stocks are: VANGUARD GROUP INC with ownership of 30,276,695, which is approximately -9.235% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 19,387,434 shares of the stock with an approximate value of $1.14 billion in MAS stocks shares; and MASSACHUSETTS FINANCIAL SERVICES CO /MA/, currently with $1.12 billion in MAS stock with ownership of nearly 16.253% of the company’s market capitalization.
Positions in Masco Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 277 institutional holders increased their position in Masco Corporation [NYSE:MAS] by around 29,398,672 shares. Additionally, 327 investors decreased positions by around 39,109,011 shares, while 81 investors held positions by with 171,515,131 shares. The mentioned changes placed institutional holdings at 240,022,814 shares, according to the latest SEC report filing. MAS stock had 95 new institutional investments in for a total of 4,472,065 shares, while 63 institutional investors sold positions of 9,285,495 shares during the same period.