Blurbs

RBC Capital Sticks to Its Buy Rating for Masco (MAS)

In a report issued on June 22, Michael Dahl from RBC Capital maintained a Buy rating on Masco (MASResearch Report), with a price target of $57.00. The company’s shares closed last Friday at $51.80.

According to TipRanks.com, Dahl is a 4-star analyst with an average return of 5.2% and a 53.2% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Skyline Champion, Taylor Morrison, and Toll Brothers.

Masco has an analyst consensus of Moderate Buy, with a price target consensus of $64.07.

See the top stocks recommended by analysts >>

Based on Masco’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.2 billion and net profit of $234 million. In comparison, last year the company earned revenue of $1.97 billion and had a net profit of $94 million.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAS in relation to earlier this year.

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. engages in the design, manufacture, marketing and distribution of branded home improvement and building products. It operates through the following business segments: Plumbing Products and Decorative Architectural Products. The Plumbing Products segment includes faucets; plumbing fittings and valves; showerheads and hand showers; bathtubs and shower enclosures; toilets; spas, and exercise pools. The Decorative Architectural Products segment offers paints and coating products; and cabinet, door, window, and other hardware. The company was founded by Alex Manoogian in 1929 and is headquartered in Livonia, MI.

Read More on MAS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos