Headlines about Masco Corp (NYSE:MAS) have trended somewhat positive this week, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Masco Corp earned a coverage optimism score of 0.07 on Alpha One’s scale. Alpha One also assigned news headlines about the company an impact score of 33 out of 100, meaning that recent news coverage is unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Advanced Micro Devices, Inc. (NASDAQ:AMD) & Masco Corp (NYSE:MAS) Stocks Buzz – Daily News Journal (journalfinance.net)
- Instinet Reiterates Buy Rating for Masco Corp (MAS) (americanbankingnews.com)
- Hot Stocks On Radar- Alibaba Group Holding Ltd (NYSE:BABA), Masco Corp (NYSE:MAS) – Wall Street Times (press release) (wallstreetnews24.com)
- This Is What The Chart For Masco Corporation (MAS) Is Showing Today – NY Stock News (nystocknews.com)
- Masco Corp Target of Unusually Large Options Trading (MAS) (americanbankingnews.com)
Masco Corp (NYSE:MAS) traded up 1.21% during midday trading on Monday, reaching $33.49. 1,886,408 shares of the company traded hands. The firm has a 50 day moving average of $33.87 and a 200-day moving average of $32.85. Masco Corp has a 12 month low of $29.11 and a 12 month high of $37.38.
Masco Corp (NYSE:MAS) last posted its earnings results on Thursday, February 9th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The business earned $1.80 billion during the quarter, compared to the consensus estimate of $1.75 billion. Masco Corp had a return on equity of 1,293.51% and a net margin of 6.67%. The business’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 earnings per share. Equities analysts forecast that Masco Corp will post $1.87 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, May 8th. Shareholders of record on Monday, April 17th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Wednesday, April 12th. Masco Corp’s dividend payout ratio is 27.21%.
Several research firms recently issued reports on MAS. Jefferies Group LLC reaffirmed a “buy” rating and set a $39.00 price target on shares of Masco Corp in a research note on Friday, March 17th. Nomura began coverage on shares of Masco Corp in a research note on Wednesday, April 12th. They set a “buy” rating and a $39.00 price target on the stock. Zacks Investment Research downgraded shares of Masco Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Barclays PLC reaffirmed an “overweight” rating and set a $36.00 price target (down previously from $37.00) on shares of Masco Corp in a research note on Thursday, February 16th. Finally, Instinet reaffirmed a “buy” rating on shares of Masco Corp in a research note on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $38.00.
In other Masco Corp news, Director J Michael Losh sold 2,084 shares of the business’s stock in a transaction that occurred on Monday, March 20th. The shares were sold at an average price of $34.54, for a total value of $71,981.36. Following the completion of the sale, the director now directly owns 66,356 shares of the company’s stock, valued at $2,291,936.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Christopher K. Kastner sold 5,463 shares of the business’s stock in a transaction that occurred on Wednesday, March 8th. The stock was sold at an average price of $33.80, for a total transaction of $184,649.40. Following the completion of the sale, the vice president now directly owns 35,524 shares of the company’s stock, valued at $1,200,711.20. The disclosure for this sale can be found here. Insiders sold 9,496 shares of company stock valued at $322,682 over the last three months. Insiders own 1.70% of the company’s stock.
About Masco Corp
Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.
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