Masco Corp. (NYSE: MAS)’s stock price has dropped by -2.65 in relation to previous closing price of 76.73. Nevertheless, the company has seen a loss of -4.11% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-03 that Masco (MAS) is poised to benefit from its strong pricing actions, operational efficiency and strategic expansion initiatives, securing a path for sustained growth.
Is It Worth Investing in Masco Corp. (NYSE: MAS) Right Now?
Masco Corp. (NYSE: MAS) has a higher price-to-earnings ratio of 18.58x compared to its average ratio. MAS has 36-month beta value of 1.27. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 6 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for MAS is 218.90M, and currently, short sellers hold a 2.06% ratio of that float. The average trading volume of MAS on April 10, 2024 was 2.04M shares.
MAS’s Market Performance
MAS stock saw a decrease of -4.11% in the past week, with a monthly decline of -0.61% and a quarterly a decrease of 11.13%. The volatility ratio for the week is 2.05%, and the volatility levels for the last 30 days are 1.91% for Masco Corp. (MAS). The simple moving average for the past 20 days is -2.28% for MAS’s stock, with a 18.92% simple moving average for the past 200 days.
Analysts’ Opinion of MAS
Many brokerage firms have already submitted their reports for MAS stocks, with Citigroup repeating the rating for MAS by listing it as a “Neutral.” The predicted price for MAS in the upcoming period, according to Citigroup is $70 based on the research report published on February 02, 2024 of the current year 2024.
Wells Fargo gave a rating of “Overweight” to MAS, setting the target price at $58 in the report published on October 17th of the previous year.
MAS Trading at 0.14% from the 50-Day Moving Average
After a stumble in the market that brought MAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.37% of loss for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares sank -0.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.50% upper at present.
During the last 5 trading sessions, MAS fell by -3.86%, which changed the moving average for the period of 200-days by +35.52% in comparison to the 20-day moving average, which settled at $76.41. In addition, Masco Corp. saw 11.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAS starting from Allman Keith J., who sale 1,260,508 shares at the price of $75.79 back on Mar 06 ’24. After this action, Allman Keith J. now owns 190,079 shares of Masco Corp., valued at $95,538,185 using the latest closing price.
Straber Renee, the VP – Chief HR Officer of Masco Corp., sale 52,264 shares at $76.31 during a trade that took place back on Mar 05 ’24, which means that Straber Renee is holding 33,864 shares at $3,988,423 based on the most recent closing price.
Stock Fundamentals for MAS
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.36 for the gross margin
The net margin for Masco Corp. stands at 0.11. The total capital return value is set at 0.37.
Based on Masco Corp. (MAS), the company’s capital structure generated 1.04 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at -25.44. The interest coverage ratio of the stock is 24.96.
Currently, EBITDA for the company is 1.51 billion with net debt to EBITDA at 1.89. When we switch over and look at the enterprise to sales, we see a ratio of 2.38. The receivables turnover for the company is 7.31for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
To put it simply, Masco Corp. (MAS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
