Masco Corporation (MAS) Receives News Sentiment Score of 0.21
News articles about Masco Corporation (NYSE:MAS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Masco Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.8919943808912 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Furniture Market Expand Their Businesses With New Investments Forecast to 2020 (satprnews.com)
- ETFs with exposure to Masco Corp. : August 14, 2017 (finance.yahoo.com)
- Plumbing Fixtures Market (mynewsdesk.com)
- Norges Bank Bought A Little More Masco Corporation (MAS) Stock In The Last Quarter – Modern Readers (modernreaders.com)
- See what the IHS Markit Score report has to say about Masco Corp. (finance.yahoo.com)
MAS has been the subject of several recent research reports. Barclays PLC boosted their price target on Masco Corporation from $40.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, July 28th. Credit Suisse Group AG set a $36.00 price target on Masco Corporation and gave the stock a “hold” rating in a research report on Thursday, July 27th. Instinet reissued a “buy” rating and issued a $41.00 price target (up from $39.00) on shares of Masco Corporation in a research report on Friday, May 19th. Robert W. Baird reissued an “outperform” rating and issued a $40.00 price target on shares of Masco Corporation in a research report on Wednesday, May 17th. Finally, Zacks Investment Research raised Masco Corporation from a “sell” rating to a “hold” rating and set a $42.00 price target for the company in a research report on Wednesday, April 26th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $40.79.
Shares of Masco Corporation (NYSE:MAS) opened at 37.42 on Wednesday. The stock has a market cap of $11.80 billion, a P/E ratio of 23.14 and a beta of 1.56. The firm’s 50-day moving average price is $38.12 and its 200 day moving average price is $36.03. Masco Corporation has a 1-year low of $29.38 and a 1-year high of $39.37.
Masco Corporation (NYSE:MAS) last posted its earnings results on Thursday, July 27th. The construction company reported $0.60 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.60. Masco Corporation had a return on equity of 20,509.09% and a net margin of 7.09%. The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The business’s revenue was up 2.8% compared to the same quarter last year. On average, equities analysts expect that Masco Corporation will post $1.97 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Friday, July 14th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Wednesday, July 12th. Masco Corporation’s dividend payout ratio (DPR) is currently 24.69%.
In other news, VP Renee Straber sold 4,452 shares of Masco Corporation stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $38.58, for a total transaction of $171,758.16. Following the sale, the vice president now owns 65,961 shares in the company, valued at $2,544,775.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard A. O’reagan sold 19,498 shares of Masco Corporation stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $38.18, for a total value of $744,433.64. Following the sale, the insider now owns 91,154 shares in the company, valued at approximately $3,480,259.72. The disclosure for this sale can be found here. Insiders have sold 175,602 shares of company stock worth $6,528,540 in the last quarter. Insiders own 1.30% of the company’s stock.
Masco Corporation 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.
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