Shares of Masco Corporation (NYSE:MAS) recorded 1.07% gain during trading session on February 8th, 2019. The script traded as low as $35.205 and last traded at $35.90. 7.79 million shares changed exchanged hands during trading, a drop of -83.34% from the 30-day average session volume of 4.25M shares. The firm had previously closed at $35.52. The company has $302.26M outstanding shares, a price-to-earnings ratio of 18.35, price-to-earnings-growth ratio of 1.32and a beta of 1.40. The company has a RSI of 75.87, ATR of 0.99 and a volatility of 2.20% this week. MAS has a 52 week low price of $27.03 and a 52 week high price of $43.74.
Investors have identified the tech company Masco Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 10.85B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Masco Corporation (MAS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For MAS, the company has in raw cash 559 million on their books with 1.68 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 53 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
MAS were able to record 813 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 635 million. In cash movements, the company had a total of 1.03 billion as operating cash flow.
Potential earnings growth for Masco Corporation (MAS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Masco Corporation recorded a total of 2.04 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.09% coming in sequential stages and their sales for the third quarter reducing by -0.03%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.39 billion trying to sell their products during the last quarter, with the result yielding a gross income of 653 million. This allows shareholders to hold on to 302.26M with the revenue now reading 620 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.80 cents a share).
Is the stock of MAS attractive?
Having a look at the company’s valuation, the company is expected to record 3.02 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MAS sounds very interesting.
In related news, Director MANOOGIAN RICHARD A sold 100,000 shares of the company’s stock in a transaction that recorded on November 19th, 2019. The sale was performed at an average price of 30.98, for a total value of 3,098,340. As the sale deal closes, the Group President MANOOGIAN RICHARD A now sold 12,900 shares of the company’s stock, valued at 406,153. Also, Director MANOOGIAN RICHARD A sold 50,000 shares of the company’s stock in a deal that was recorded on November 8th, 2019. The shares were sold at an average price of 31.30 per share, with a total market value of 525,961. Following this completion of acquisition, the Director now holds 50,000 shares of the company’s stock, valued at 1,562,205. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
9 out of 21 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Masco Corporation stock. 0 analysts has assigned a Sell rating on the MAS stock. The 12-month mean consensus price target for the company’s shares has been set at $37.76.