News stories about Masco (NYSE:MAS) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Masco earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 46.0479280790038 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
Shares of Masco (NYSE:MAS) traded up $0.16 during trading on Thursday, hitting $42.31. The stock had a trading volume of 2,805,980 shares, compared to its average volume of 2,642,691. The firm has a market capitalization of $13,310.00, a price-to-earnings ratio of 23.36, a PEG ratio of 1.33 and a beta of 1.59. The company has a quick ratio of 1.43, a current ratio of 1.94 and a debt-to-equity ratio of 49.48. Masco has a 12 month low of $31.29 and a 12 month high of $43.79.
Masco (NYSE:MAS) last announced its earnings results on Tuesday, October 24th. The construction company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.96 billion. Masco had a negative return on equity of 7,325.00% and a net margin of 7.23%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period last year, the firm earned $0.41 earnings per share. equities analysts anticipate that Masco will post 1.95 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, November 13th. Investors of record on Friday, October 13th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.99%. This is a positive change from Masco’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, October 12th. Masco’s payout ratio is presently 24.85%.
MAS has been the topic of a number of research reports. Zacks Investment Research downgraded Masco from a “buy” rating to a “sell” rating in a research note on Tuesday, October 3rd. Robert W. Baird boosted their price objective on Masco from $42.00 to $44.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. KeyCorp reissued a “hold” rating on shares of Masco in a research note on Tuesday, September 26th. Royal Bank Of Canada boosted their price objective on Masco from $44.00 to $47.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Finally, Argus boosted their price objective on Masco from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $42.88.
In related news, CFO John G. Sznewajs sold 52,511 shares of the company’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $39.83, for a total transaction of $2,091,513.13. Following the transaction, the chief financial officer now directly owns 391,443 shares of the company’s stock, valued at $15,591,174.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lokeren Mary Ann Van sold 16,850 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $38.85, for a total value of $654,622.50. Following the transaction, the director now directly owns 47,909 shares in the company, valued at $1,861,264.65. The disclosure for this sale can be found here. Insiders have sold 90,990 shares of company stock worth $3,600,733 over the last three months. 1.30% of the stock is owned by insiders.
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Masco 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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