Masco (MAS) Receiving Somewhat Positive Media Coverage, Accern Reports

Media coverage about Masco (NYSE:MAS) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news 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 earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 46.4216297529969 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

A number of equities analysts have commented on the stock. B. Riley restated a “buy” rating on shares of Masco in a research note on Wednesday, November 1st. KeyCorp reiterated a “hold” rating on shares of Masco in a research note on Tuesday, September 26th. Nomura set a $45.00 price objective on shares of Masco and gave the company a “buy” rating in a research note on Wednesday, October 25th. Citigroup increased their price objective on shares of Masco from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Wednesday, October 25th. Finally, Royal Bank Of Canada increased their price objective on shares of Masco from $44.00 to $47.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $42.88.

Shares of Masco (MAS) traded down $0.30 on Monday, reaching $42.42. 1,749,683 shares of the company’s stock traded hands, compared to its average volume of 2,644,004. The firm has a market capitalization of $13,438.23, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.32 and a beta of 1.59. Masco has a 52 week low of $31.29 and a 52 week high of $43.79. The company has a current ratio of 1.94, a quick ratio of 1.43 and a debt-to-equity ratio of 49.48.

Masco (NYSE:MAS) last announced its earnings results on Tuesday, October 24th. The construction company reported $0.50 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.03). The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.96 billion. Masco had a net margin of 7.23% and a negative return on equity of 7,325.00%. Masco’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.41 earnings per share. research analysts anticipate that Masco will post 1.95 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 13th. Shareholders of record on Friday, October 13th were issued a $0.105 dividend. The ex-dividend date was Thursday, October 12th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.99%. This is a boost from Masco’s previous quarterly dividend of $0.10. Masco’s dividend payout ratio (DPR) is currently 25.00%.

In other Masco news, VP Renee Straber sold 2,574 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $42.55, for a total value of $109,523.70. Following the completion of the transaction, the vice president now owns 65,423 shares of the company’s stock, valued at $2,783,748.65. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Lokeren Mary Ann Van sold 16,850 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $38.85, for a total transaction of $654,622.50. Following the completion of the transaction, the director now directly owns 47,909 shares of the company’s stock, valued at approximately $1,861,264.65. The disclosure for this sale can be found here. In the last ninety days, insiders sold 91,227 shares of company stock valued at $3,622,549. Corporate insiders own 1.30% of the company’s stock.

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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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