|Bid||46.21 x 800|
|Ask||46.21 x 800|
|Day's Range||45.88 - 46.34|
|52 Week Range||27.03 - 46.95|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||20.20|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||0.54 (1.18%)|
|1y Target Est||50.55|
Shares of Masco Corp. rallied 1.9% in premarket trading Friday, after the home improvement products company said it will sell its Masco Cabinetry business to ACProducts Inc. in a deal valued at $1 billion. Under terms of the day, the sale price includes $850 million in cash and $150 million in preferred stock, which will have a coupon of 8% that increases to 10% in the third year. The deal is expected to close int the first quarter of 2020. Masco said Masco Cabinetry will be accounted for as discontinued operations for the fourth quarter. The company expects 2019 earnings per share from continuing operations is expected to be $2.12 to $2.16 and adjusted EPS of $2.19 to $2.23. The FactSet consensus for 2019 EPS was $2.55.
Masco Corporation , one of the world’s leading manufacturers of branded home improvement and building products, has entered into a definitive agreement to sell Masco Cabinetry to ACProducts, Inc., a manufacturer of cabinetry products owned by American Industrial Partners, for $1.0 billion, consisting of $850 million in cash at closing and preferred stock issued by a holding company of the buyer with ...
Strong construction activities, a consistent job market, and solid spending are likely to reflect on the construction sector's Q3 results, despite higher costs and expenses.
Masco Corporation , one of the world’s leading manufacturers of branded home improvement and building products, announced today the completion of the sale of Milgard Windows and Doors to MI Windows and Doors LLC for approximately $725 million.
Moody's Investors Service ("Moody's") assigned a B2 Corporate Family Rating and a B2-PD Probability of Default Rating to MIWD Holdco II LLC (the parent of MI Windows and Doors, LLC ("MIWD")), and a B2 rating to its proposed $675 million first lien senior secured term loan B due 2026. In the proposed transaction, MIWD will acquire Milgard Manufacturing, Inc. ("Milgard"), a window and patio door manufacturer in the Western US from its current owner Masco Corporation for $725 million.
Masco's (MAS) third-quarter 2019 results gain from Plumbing Products and Decorative Architectural Products segments. However, the Cabinets and Related Products segment hurt the same.
Consistent job growth, Fed's dovish stance and infrastructural projects will reflect in the construction sector's Q3 results despite headwinds.
Consistent job growth, Fed's dovish stance and infrastructural projects in domestic as well as international markets will reflect in the construction sector's Q3 results despite headwinds.
Masco (MAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Masco Corp. was upgraded to a Buy recommendation by TheStreet.com's quantitative service Wednesday. Let's check out the charts and indicators to see if we are both on the same page. In this daily bar chart of MAS, below, we can see that prices have been making higher highs since the end of July.
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Masco Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
SANTA ANA, Calif., Oct. 17, 2019 /PRNewswire/ -- Behr Paint announced today that for the first time in a generation, a reimagined paint can will hit shelves to make the painting process simpler and cleaner than ever before—no paint key or tools required to open the container. In addition, Behr's new, 100% recyclable design features a first-of-its-kind Simple Pour plastic lid that eliminates mess and rust and keeps paint fresher longer. "The current gallon paint can was long overdue for innovation," said Jodi Allen, chief marketing officer at Behr.
Masco Corporation today announced that President and CEO Keith Allman will present at the Baird 2019 Global Industrial Conference on November 7 in Chicago at 9:30 a.m. ET.
RBC Capital Markets analyst Mike Dahl upgraded TRI Pointe Group and BMC Stock Holdings to Outperform from Sector Perform. The move is part of his overall increase of home builder earnings estimates.