Masco Corp (NYSE:MAS) shares traded 1.51% up during most recent session to reach at the closing price of $37.01. The stock exchanged hands 3.19 Million shares versus average trading capacity of 3.16 Million shares, yielding a market cap of $11.82 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $40.41 within the next 52-weeks. The mean target projections are based on 17 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Masco Corp (NYSE:MAS) high price target of $43 and with a conservative view have low price target of $35.
Nomura “Initiates Coverage On” Masco Corp (NYSE:MAS) in a research note issued to investors on 4/12/17 to Buy with price target of $39.
Additionally on 4/06/17 Longbow Research “Upgrades” Masco Corp (NYSE:MAS) to Buy setting price target at $0 and on 1/06/17 Barclays “Initiates Coverage On” the stock to Overweight at $37. Furthermore on 12/16/16 Macquarie “Reinstates” the stock to Outperform at $40.
On the other hand the company has Relative Strength Index (RSI 14) of 64.98 along with Average True Range (ATR 14) of 0.51, Consequently Masco Corp (NYSE:MAS)’s weekly and monthly volatility is 1.06%, 1.24% respectively. The company’s beta value is at 1.58.
In terms of Buy, Sell or Hold recommendations, Masco Corp (NYSE:MAS) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Masco Corp (NYSE:MAS)’s minimum EPS for the current quarter is at $0.54 and can go high up to $0.63. The consensus mean EPS for the current quarter is at $0.6 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.46 earnings per share for the same quarter during last year.
Previously Masco Corp (NYSE:MAS) reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The company posted an earnings surprise of 13.9%.
While considering growth estimates of the company, it has next quarter growth estimates of 29.3% whereas during current quarter it has 30.4% estimations over growth, comparing to the estimations of 29.1% during current year and 12.3% for next year. Past 5 years growth of Masco Corp (NYSE:MAS) observed at 42.84%, looking forward for the next 5 years it has a strong prediction of 16.17% over growth.
Masco Corp (NYSE:MAS)’s revenue estimates for the current quarter are $2.06 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $2.1 Billion in contradiction of low revenue estimates of $2.02 Billion. For the current year the company’s revenue estimates are $7.66 Billion compared to low analyst estimates of $7.6 Billion and high estimates of $7.77 Billion according to 20 number of analysts.
Currently Masco Corp (NYSE:MAS)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 93.5%. However the six-month change in the insider ownership was recorded -3.74%, as well as three-month change in the institutional ownership was recorded -1.25%.
Masco Corp (NYSE:MAS) 52-week high price stands at $37.58 and low price stands at $28.76, its price distance from 52-week high is -1.52% while its distance from 52-week low price is 28.7%. The stock hit its 52-week high on 04/26/17, and 52-week low on 06/27/16.
Masco Corp (NYSE:MAS)’s trailing twelve month revenues are $7.41 Billion, whereas its price to sales ratio for the same period is 1.6. Its book value per share for the most recent quarter is $-0.85 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $2.75, however its price to cash per share ratio for the same period is 13.46. The stock has 5 year expected PEG ratio of 1.45 whereas its trailing twelve month P/E ratio is 23.41.