Analyst’s Sets Masco Corporation (NYSE:MAS) New Target at $66.43: MAS is Now On A Buy List

Masco Corporation (NYSE:MAS) Relative Strength Index (RSI) is 61.34, with weekly volatility at 3.21% and ATR at 1.47. The MAS stock’s 52-week price range has touched low of $27.04 and a $60.16 high. Intraday shares traded counted 2.55 million, which was -19.86% lower than its 30-day average trading volume of 2.13M. Its shares traded higher over the last trading session, gaining 2.66% on 03/10/21. The shares fell to a low of $55.48 before closing at $56.83. MAS’s previous close was $55.36 while the outstanding shares total 261.00M. The firm has a beta of 1.32, a 12-month trailing P/E ratio of 18.61, and a growth ratio of 1.82.

Investors have identified the Building Products & Equipment company Masco Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.22 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Masco Corporation (MAS) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.49 billion total, with 1.93 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 3.69 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MAS sounds very interesting.

Is the stock of MAS attractive?

In related news, VP – Chief HR Officer, Straber Renee sold 8,369 shares of the company’s stock in a transaction that recorded on Mar 04. The sale was performed at an average price of 53.95, for a total value of 451,489. As the sale deal closes, the President and CEO, Allman Keith J. now sold 6,543 shares of the company’s stock, valued at 348,088. Also, VP and CFO, Sznewajs John G sold 1,656 shares of the company’s stock in a deal that was recorded on Feb 26. The shares were price at an average price of 53.20 per share, with a total market value of 88,099. Following this completion of acquisition, the VP and CFO, Sznewajs John G now holds 7,615 shares of the company’s stock, valued at 428,039. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.

7 out of 19 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Masco Corporation. 0 analysts has assigned a Sell rating on the MAS stock. The 12-month mean consensus price target for the company’s shares has been set at $66.43.

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