Based on ratings from 25 stock analysts, the Masco Corp stock price is expected to increase by 8.37% in 12 months. This is calculated by using the average 12-month stock price forecast for Masco Corp. The lowest target is $75 and the highest is $96. Please note analyst price targets are not guaranteed and could be missed completely.
About 25 Wall Street analysts have assignedMAS 17 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Masco Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MAS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MAS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Rehaut JP Morgan | Neutral | $83.5 | Maintains | Nov 5, 2024 |
Timothy Wojs Baird | Outperform | $94 | Maintains | Oct 30, 2024 |
Keith Hughes Truist Securities | Buy | $92 | Maintains | Oct 30, 2024 |
Stephen Kim Evercore ISI Group | In-Line | $82 | Maintains | Oct 30, 2024 |
Matthew Bouley Barclays | Overweight | $93 | Maintains | Oct 30, 2024 |
Mike Dahl RBC Capital | Sector Perform | $80 | Downgrade | Oct 30, 2024 |
John Lovallo UBS | Buy | $94 | Maintains | Oct 30, 2024 |
Garik Shmois Loop Capital | Hold | $87 | Maintains | Oct 30, 2024 |
Ketan Mamtora BMO Capital | Market Perform | $85 | Maintains | Oct 22, 2024 |
Timothy Wojs Baird | Outperform | $95 | Maintains | Oct 21, 2024 |
Philip Ng Jefferies | Buy | $96 | Maintains | Oct 9, 2024 |
Matthew Bouley Barclays | Overweight | $92 | Maintains | Oct 9, 2024 |
Sam Reid Wells Fargo | Overweight | $92 | Maintains | Oct 7, 2024 |
Ketan Mamtora BMO Capital | Market Perform | $78 | Maintains | Jul 31, 2024 |
Timothy Wojs Baird | Outperform | $88 | Maintains | Jul 26, 2024 |
Keith Hughes Truist Securities | Buy | $84 | Maintains | Jul 26, 2024 |
Matthew Bouley Barclays | Overweight | $88 | Maintains | Jul 26, 2024 |
Mike Dahl RBC Capital | Outperform | $79 | Maintains | Jul 26, 2024 |
Philip Ng Jefferies | Buy | $86 | Maintains | Jul 17, 2024 |
Matthew Bouley Barclays | Overweight | $79 | Maintains | Jul 12, 2024 |
When did it IPO
1983
Staff Count
18,000
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. Keith J. Allman
Market Cap
$17.43B
In 2023, MAS generated $7.97B in revenue, which was a decrease of -8.21% from the previous year. This can be seen as a signal that MAS's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Masco Corporation's CFO, Rick Westenberg, will present at the Baird 2024 Global Industrial Conference on November 12 at 10:15 a.m. CT. The presentation can be accessed via webcast.
Why It Matters - Masco's CFO presentation at a major conference can signal strategic insights and financial performance, influencing investor sentiment and stock price movements.
Summary - MAS reported improved operational results in Q3 2024, but faced challenges in market demand affecting revenue.
Why It Matters - Operational improvements suggest potential for future profitability, but weak market demand may hinder revenue growth, signaling caution for investors regarding future performance.
Summary - Masco Corporation (NYSE: MAS) held its Q3 2024 Earnings Conference Call on October 29, 2024, at 8:00 AM ET, featuring executives and analysts from major financial firms.
Why It Matters - Masco's Q3 earnings call will provide insights into its financial performance and strategy, influencing stock price and investor sentiment based on analysts' evaluations and company guidance.
Summary - Masco Corporation reported Q3 2024 net sales of $1,983 million, consistent with Q3 2023. Plumbing Products' net sales rose 2%, with a 1% increase in local currency.
Why It Matters - Masco's steady net sales and growth in Plumbing Products signal resilience in the home improvement sector, potentially boosting investor confidence in its market position and future performance.
Summary - MAS' Q3 2024 results are expected to show growth from the Plumbing Products segment and cost-saving initiatives.
Why It Matters - Increased contributions from the Plumbing Products segment and effective cost-saving initiatives may boost MAS's profitability, positively influencing stock performance and investor sentiment.
Summary - Masco (MAS) reported quarterly earnings of $1.08 per share, matching the Zacks Consensus Estimate, and up from $1 per share in the same quarter last year.
Why It Matters - Masco's earnings match expectations and show year-over-year growth, indicating stable performance and potential for future investor confidence and stock price stability.