Favorable Press Coverage Likely to Impact Masco Corp (MAS) Share Price

Media headlines about Masco Corp (NYSE:MAS) have trended positive recently, according to Alpha One. The research group, a division of Accern, scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Masco Corp earned a news impact score of 0.33 on Alpha One’s scale. Alpha One also assigned press coverage about the construction company an impact score of 66 out of 100, indicating that recent news coverage is likely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Alpha One Sentiment Analysis’s analysis:

Masco Corp (NYSE:MAS) traded up 1.312% during midday trading on Friday, hitting $34.375. The company had a trading volume of 2,120,956 shares. The company has a market capitalization of $10.93 billion, a P/E ratio of 23.384 and a beta of 1.51. Masco Corp has a 52 week low of $29.11 and a 52 week high of $37.38. The stock has a 50 day moving average price of $33.80 and a 200 day moving average price of $32.81.

Masco Corp (NYSE:MAS) last announced its earnings results on Thursday, February 9th. The construction company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.01. Masco Corp had a return on equity of 1,293.51% and a net margin of 6.67%. The business had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the company posted $0.29 EPS. Masco Corp’s quarterly revenue was up 2.6% on a year-over-year basis. Equities analysts forecast that Masco Corp will post $1.87 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 8th. Stockholders of record on Monday, April 17th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.18%. Masco Corp’s dividend payout ratio (DPR) is 27.21%.

A number of brokerages recently weighed in on MAS. Nomura began coverage on Masco Corp in a report on Wednesday, April 12th. They set a “buy” rating and a $39.00 price objective on the stock. Instinet reaffirmed a “buy” rating on shares of Masco Corp in a research note on Friday, April 14th. Barclays PLC reaffirmed an “overweight” rating and issued a $36.00 price target (down from $37.00) on shares of Masco Corp in a research note on Thursday, February 16th. Zacks Investment Research raised Masco Corp from a “sell” rating to a “hold” rating in a research note on Monday, January 9th. Finally, Longbow Research raised Masco Corp from a “neutral” rating to a “buy” rating and set a $42.00 price target on the stock in a research note on Thursday, April 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and sixteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $38.00.

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In related news, Director J Michael Losh sold 2,084 shares of the firm’s stock in a transaction dated 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 owns 66,356 shares in the company, valued at $2,291,936.24. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Lisa A. Payne sold 1,949 shares of the firm’s stock in a transaction dated Thursday, February 23rd. The shares were sold at an average price of $33.89, for a total transaction of $66,051.61. Following the completion of the sale, the director now owns 61,346 shares of the company’s stock, valued at approximately $2,079,015.94. The disclosure for this sale can be found here. Insiders have sold 9,496 shares of company stock valued at $322,682 in the last quarter. Insiders own 1.70% of the company’s stock.

Masco Corp Company Profile

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.

5 Day Chart for NYSE:MAS

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