Masco Corp Receives a Buy from JefferiesBy Jason Carr
According to TipRanks.com, Ng is a top 100 analyst with an average return of 16.2% and a 75.6% success rate. Ng covers the Consumer Goods sector, focusing on stocks such as Orchids Paper Products Company, International Paper Co, and Graphic Packaging.
Masco Corp has an analyst consensus of Strong Buy, with a price target consensus of $39.
Based on Masco Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.76 billion and quarterly net profit of $97 million. In comparison, last year the company earned revenue of $1.72 billion and had a net profit of $74 million.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Christopher K. Kastner, the VP – Masco Operating Sys. of MAS sold 5,463 shares for a total of $184,595.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Masco Corp. is engaged in the design, manufacture, marketing, and distribution of branded home improvement and building products. It operates through the following business segments: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products, and Other Specialty Products. The Cabinets and Related Products segment manufacture and sell value-priced, stock, and semi-custom assembled cabinetry for kitchen, bath, storage, home office, and home entertainment applications. The Plumbing Products segment includes manufacture of faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, and toilets. The Decorative Architectural Products segment produces architectural coatings, including paints, primers, specialty paint products, stains and waterproofing products. The Other Specialty Products segment manufactures and sells vinyl, fiberglass and aluminum windows, and patio doors. The company was founded by Alex Manoogian in 1929 and is headquartered in Taylor, MI.