Masco Corporation Common Stock (NYSE:MAS).
Equity analyst Bank of America initiated coverage on the stock by announcing an initial rating of “Buy”. July 29 investment analysts at Citigroup maintained a stock rating of “Neutral” but raised the price expectation to $38.00 from $26.50.
On July 28 Deutsche Bank held the stock rating at “Hold” but raised the price target from $26.00 to $31.00. On July 27 JP Morgan kept the company rating at “Buy” and raised the price expectation to $42.00 from $34.50.
On July 27 Jefferies made no change to the company rating of “Buy” and moved up the price target from $28.00 to $42.00.
The company is trading down by -0.78% since yesterday’s close of $34.82. The company also announced a dividend for shareholders that was paid on Mon Aug 8, 2016. The dividend payment was $0.095 per share for the quarter or $0.38 on an annualized basis. This dividend amount was represent a yeild of $1.11. The ex-dividend date was set for Wednesday the 6th of July 2016.
It is trading at $34.55 which is marginally under the 50 day moving average which is $34.78 and a tad higher than the 200 day moving average of $32.83. The 50 day moving average was down by -0.65% and the 200 day average was up $1.72.
The company’s P/E ratio is 26.23 and the market value is 11.27B. In the latest earnings report the EPS was $1.32 and is estimated to be $1.57 for the current year with 326,200,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.36 with next year’s EPS projected to be $1.93.