Masco Corp (NYSE:MAS) has been assigned a consensus rating of “Buy” from the twenty-two research firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $45.27.

A number of analysts have issued reports on MAS shares. Royal Bank of Canada set a $45.00 price target on Masco and gave the stock a “buy” rating in a research note on Friday, July 26th. Zelman & Associates raised Masco from a “hold” rating to a “buy” rating in a research note on Monday, April 29th. Barclays set a $45.00 price target on Masco and gave the stock a “buy” rating in a research note on Friday, July 26th. Robert W. Baird set a $48.00 price target on Masco and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, Raymond James set a $50.00 price target on Masco and gave the stock a “buy” rating in a research note on Friday, July 26th.

NYSE:MAS traded up $0.46 during mid-day trading on Tuesday, reaching $38.46. The company’s stock had a trading volume of 1,886,200 shares, compared to its average volume of 3,067,561. The company’s fifty day simple moving average is $39.34 and its two-hundred day simple moving average is $38.48. The company has a debt-to-equity ratio of 39.03, a current ratio of 1.46 and a quick ratio of 0.96. Masco has a twelve month low of $27.03 and a twelve month high of $42.58. The stock has a market cap of $11.00 billion, a P/E ratio of 15.38, a P/E/G ratio of 1.59 and a beta of 1.44.

Masco (NYSE:MAS) last issued its quarterly earnings results on Thursday, July 25th. The construction company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. Masco had a return on equity of 792.80% and a net margin of 8.77%. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the company earned $0.75 EPS. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. Sell-side analysts expect that Masco will post 2.66 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Friday, July 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Thursday, July 11th. Masco’s dividend payout ratio is currently 19.20%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MAS. AQR Capital Management LLC lifted its stake in shares of Masco by 4,714.2% in the 2nd quarter. AQR Capital Management LLC now owns 4,520,776 shares of the construction company’s stock valued at $177,395,000 after purchasing an additional 4,426,871 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of Masco by 3,506.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 4,530,529 shares of the construction company’s stock valued at $177,778,000 after buying an additional 4,404,891 shares during the period. Invesco Ltd. raised its holdings in shares of Masco by 119.2% during the 2nd quarter. Invesco Ltd. now owns 4,858,957 shares of the construction company’s stock valued at $190,665,000 after buying an additional 2,641,856 shares during the period. FMR LLC raised its holdings in shares of Masco by 91.7% during the 1st quarter. FMR LLC now owns 3,095,234 shares of the construction company’s stock valued at $121,673,000 after buying an additional 1,480,245 shares during the period. Finally, UBS Asset Management Americas Inc. raised its holdings in shares of Masco by 23.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 4,484,080 shares of the construction company’s stock valued at $175,955,000 after buying an additional 851,759 shares during the period. 91.14% of the stock is currently owned by institutional investors and hedge funds.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products worldwide. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, fitness systems, and other non-decorative plumbing products; brass, copper, and composite plumbing system components; and thermoplastic extrusions, extruded plastic profiles, and specialized fabrications.

Featured Article: What is the Russell 2000 Index?

Analyst Recommendations for Masco (NYSE:MAS)

Receive News & Ratings for Masco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masco and related companies with MarketBeat.com's FREE daily email newsletter.