Masco Corporation (NYSE:MAS) Closed last trading session at $33.75

13 Février, 2017, 22:19 | Auteur: Stephane Girardot

On Dec 16 Masco Corporation (NYSE:MAS) reported its EPS in the last quarter as $0.33/Share lagging the analyst estimate of $0.34/Share by the difference of $-0.01. The analysts offering Earnings Estimates for the company were believing that Masco Corporation (NYSE:MAS) could bring EPS of $0.34/share. Masco Corporation had a return on equity of 1,293.51% and a net margin of 6.67%. The business earned $1.80 billion during the quarter, compared to analyst estimates of $1.75 billion. The companys revenue was up 2.6% compared to the same quarter past year. Masco Corporation's revenue for the quarter was up 2.6% compared to the same quarter past year. The stock opened for trading at $33.15 and hit $33.99 on the upside, eventually ending the session at $33.75, with a gain of 2.09% or 0.69 points.

Masco Corporation (NYSE:MAS) has a market capitalization of 11.08 Billion. The company has a 50 day moving average price of $32.66 and a 200-day moving average price of $33.27. According to these analysts, the Low Revenue Estimate for Masco Corporation is 1.73 Billion and the High Revenue Estimate is 1.79 Billion.

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 13th. Investors of record on Friday, January 13th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 11th. This represents a $0.40 annualized dividend and a dividend yield of 1.19%.

Masco Corporation is now showing 24.5% EPS growth this year. This showed the surprise of -2.9% in the last quarter earnings.

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MAS has been the subject of several other research reports. Finally, Macquarie set a $40.00 price target on shares of Masco Corp and gave the stock an "outperform" rating in a report on Friday, December 16th. Evercore ISI Group Initiates Coverage On the stock to Buy on 11/15/16 with no specific Price Target.

Some buy side analysts are also providing their Analysis on Masco Corporation, where 8 analysts have rated the stock as Strong buy, 9 analysts have given a Buy signal, 6 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. The stock now has an average rating of "Buy" and an average price target of $37.57. Wall Street is only getting more bullish on the stock, with 17 of analysts who cover MAS having a buy-equivalent rating. The highest analyst price target is $41.00, which implies a rally of 79 percent.

A number of institutional investors have recently modified their holdings of MAS. Tredje AP fonden increased its position in Masco Corporation by 0.4% in the fourth quarter. This quarter analysts say they expect sales to move at $264.85 million - lower from $279.92 million the year before. FDx Advisors Inc. increased its position in Masco Corporation by 1.2% in the second quarter. Sheaff Brock Investment Advisors LLC bought a new position in shares of Masco Corp during the second quarter valued at about $1,047,000. Affinity Investment Advisors LLC raised its stake in shares of Masco Corporation by 26.9% in the second quarter. Boston Private Wealth LLC now owns 19,500 shares of the company's stock worth $669,000 after buying an additional 160 shares in the last quarter. Finally, Airain ltd purchased a new stake in shares of Masco Corporation during the second quarter worth about $8,736,000. Today, you can download 7 Best Stocks for the Next 30 Days. The insider owns 693,239 shares which have current market value of around $23396816.25.Richard A. Manoogian is another major inside shareholder in the company. Currently, we have over 30 quality building products manufacturers in our family. Its Decorative Architectural Products segment includes paints and stains, cabinet, door, window and other hardware.

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