Masco Corporation (MAS)
- Previous Close
72.22 - Open
72.32 - Bid --
- Ask --
- Day's Range
71.62 - 72.89 - 52 Week Range
47.66 - 78.94 - Volume
1,809,320 - Avg. Volume
2,100,253 - Market Cap (intraday)
15.861B - Beta (5Y Monthly) 1.26
- PE Ratio (TTM)
17.89 - EPS (TTM)
4.02 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 1.16 (1.61%)
- Ex-Dividend Date Feb 21, 2024
- 1y Target Est
81.00
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, KRAUS, EASY DRAIN, STEAMIST, ELITESTEAM, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands. Its Decorative Architectural Products segment offers paints, primers, specialty coatings, stains, and waterproofing products, as well as paint applicators and accessories; cabinet and door hardware, functional hardware, wall plates, hook and rail products, closet organization systems, and picture hanging accessories; decorative bath hardware, mirrors, and shower accessories and doors; and decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting, and LED lighting systems. This segment provides its products under the BEHR, KILZ, WHIZZ, Elder & Jenks, LIBERTY, BRAINERD, FRANKLIN BRASS, KICHLER, and ÉLAN brands. It sells its products to the plumbing, heating, and hardware wholesalers; home centers and online retailers; hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and other mass merchandisers. Masco Corporation was incorporated in 1929 and is headquartered in Livonia, Michigan.
www.masco.com18,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MAS
Performance Overview: MAS
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: MAS
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Statistics: MAS
Valuation Measures
Market Cap
15.93B
Enterprise Value
18.50B
Trailing P/E
17.97
Forward P/E
17.64
PEG Ratio (5yr expected)
1.75
Price/Sales (ttm)
2.05
Price/Book (mrq)
--
Enterprise Value/Revenue
2.32
Enterprise Value/EBITDA
12.39
Financial Highlights
Profitability and Income Statement
Profit Margin
11.40%
Return on Assets (ttm)
16.21%
Return on Equity (ttm)
--
Revenue (ttm)
7.97B
Net Income Avi to Common (ttm)
908M
Diluted EPS (ttm)
4.02
Balance Sheet and Cash Flow
Total Cash (mrq)
634M
Total Debt/Equity (mrq)
2,801.72%
Levered Free Cash Flow (ttm)
1B
Research Analysis: MAS
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: MAS
Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, rental equipment companies haven't dug moats yet; homeowners are repairing remodel spending numbers; GE Vernova might power through the gap between position and performance; and Santos, Crown Castle, and Melrose Industries.
Daily Spotlight: Raising 1Q GDP Growth Forecast to 2.4%
Our analysis of recent data leads us to conclude that the U.S. economy is healthy and consumers are still leading the way. According to the third estimate released by the Bureau of Economic Analysis (BEA), U.S. Gross Domestic Product expanded in the fourth quarter at an annualized rate of 3.4%, up from the second estimate of 3.2%. Consumer spending, designated as Personal Consumption Expenditures (PCE) in the GDP report, contributed 2.2 points of the 3.4% increase in 4Q GDP. Our 2024 GDP forecast is still for 2.0% growth. We are raising our 1Q24 GDP forecast to 2.4% from 2.3% and lifting our 2Q estimate to 1.5% from 1.3%. Our second half estimate is unchanged. We expect 2Q to be the weakest quarter of 2024, with growth ramping to 1.8% in 3Q and 2.3% in 4Q. On April 4, the Atlanta Fed's GDPNow model estimated 1Q24 growth of 2.5%. Based on our analysis of the Nowcast, we believe that PCE, Residential Investment, Intellectual Property, and Government could all add to 1Q GDP, while Equipment, Nonresidential Structures, Net Exports, and Inventories may detract from or add very little to growth. Our 2024 forecast assumes inflation continues to fall and the Fed has completed its rate-hike campaign, with monetary easing likely to begin in the second half of the year. In recent data, the New Orders component of the ISM Purchasing Managers Index for March rebounded to 51.4 from a contractionary (below 50) 49.2 in February. The headline PMI also rebounded to 50.3 from 47.8. That raises our hopes (slightly) for the manufacturing sector. Our outlook for spending in the huge services category remains positive. The services PMI came in at an expansionary 51.4 in March, although it declined from 52.6 in February. The economy is on a growth path, but the yield curve is still inverted so a geopolitical surprise could trigger a slowdown. While economic growth may be uneven in 2024 and 2025, we believe the Fed has the ability to bolster growth if it falters. Our forecast is for GDP to grow 2.0% on 2025.
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Analyst Report: Masco Corporation
Masco manufactures a variety of home improvement and building products. The company’s $5-billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3-billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.
RatingNeutralPrice Target