Investing In Masco Corp. (NYSE: MAS): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Masco Corporation Reports Fourth Quarter and 2023 Year-End Results.

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Stocks Info

The company is listed on the NYSE and operates within the Building Products & Equipment industry segment. The current market capitalization of Masco Corp. is $16.30B. A total of 3.77 million shares were traded on the day, compared to an average of 2.13 shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MAS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 25 BUYs and 26 SELLs from insiders. Insiders purchased 625,042 shares during that period but sold 624,612.

In the most recent transaction, Cole Kenneth G. sold 27,043 shares of MAS for 62.48 per share on Dec 04. After the transaction, the VP, General Counsel and Sec. now owns 70,198 company shares. In a previous transaction on Dec 04, Shah Jai sold 25,000 shares at 62.38 per share. MAS shares that Group President owns now total 34,709.

Among the insiders who sold shares, Straber Renee disposed of 41,200 shares on Jul 28 at a per-share price of $61.13. This resulted in the VP – Chief HR Officer holding 31,995 shares of MAS after the transaction. In another insider transaction, Allman Keith J. sold 188,040 shares at $59.77 per share on Jul 13. Company shares held by the President and CEO now total 200,305.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Masco Corp. pays an annual dividend of $1.17 (1.62%), resulting in a dividend yield of 1.14 (1.57%), and it has a price to earnings (P/E) ratio of 18.06. MAS’s most recent ex-dividend date was 2/21/2024 when it declared a $0.29 quarterly dividend that was paid in cash on 3/11/2024. Previously, the company paid the dividend on 11/27/2023 with an ex-dividend date of 11/9/2023. The MAS stock dividend was $0.2850 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MAS in the last 3 months, the mean price target is $77.44 with high estimates of $89.00 and low estimates of $59.50. In terms of 52-week highs and lows, MAS has a high of $76.43 and a low of $46.69.

As of this writing, MAS has an earnings estimate of $0.88 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.94 per share and a lower estimate of $0.8. The company reported an EPS of $1 in the last quarter, which was 9.90% higher than expectations of $0.91.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MAS’s latest balance sheet shows that the firm has $926.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.17B in debt and $1.94B in liabilities at the time. Its Book Value Per Share was -$0.57, while its Total Shareholder’s Equity was $78.00M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAS is Buy with a score of 3.94.

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