Barclays Has Lowered Expectations for Masco (NYSE:MAS) Stock Price

Masco (NYSE:MAS) had its target price reduced by analysts at Barclays from $71.00 to $65.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the construction company’s stock. Barclays‘s price target would indicate a potential upside of 2.37% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Wells Fargo & Company increased their target price on shares of Masco from $78.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Weiss Ratings cut shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 9th. Zelman & Associates downgraded shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $82.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Finally, Oppenheimer reissued an “outperform” rating and set a $88.00 target price on shares of Masco in a research report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $75.93.

Masco Stock Up 2.0%

Shares of NYSE:MAS opened at $63.49 on Wednesday. The stock has a market cap of $12.88 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.77 and a beta of 1.29. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. Masco has a 12-month low of $56.55 and a 12-month high of $79.19. The business’s 50 day moving average is $66.64 and its 200 day moving average is $66.21.

Masco (NYSE:MAS) last released its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same period in the prior year, the firm posted $0.89 EPS. Masco’s quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts forecast that Masco will post 4.34 earnings per share for the current fiscal year.

Masco announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the sale, the chief accounting officer directly owned 12,510 shares in the company, valued at approximately $899,719.20. The trade was a 5.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Masco

Several large investors have recently modified their holdings of the business. Rossby Financial LCC boosted its holdings in Masco by 134.2% in the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after buying an additional 212 shares during the period. Sunbelt Securities Inc. purchased a new stake in shares of Masco during the third quarter worth $26,000. Bard Associates Inc. purchased a new stake in shares of Masco during the fourth quarter worth $25,000. Bogart Wealth LLC boosted its holdings in shares of Masco by 2,550.0% in the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after acquiring an additional 408 shares during the period. Finally, Community Bank N.A. purchased a new position in shares of Masco in the third quarter valued at $34,000. Hedge funds and other institutional investors own 93.91% of the company’s stock.

About Masco

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.