The shares of Masco Corporation (NYSE:MAS) has been pegged with a rating of Buy by Buckingham Research in its latest research note that was published on January 23rd, 2019. Buckingham Research wasnâ€™t the only research firm that published a report of Masco Corporation, with other equities research analysts also giving their opinion on the stock. KeyBanc Capital Mkts advised investors in its research note published on January 7th, 2019, to Overweight the MAS stock. The stock had earned Buy rating from BofA/Merrill when it published its report on January 4th, 2019. The stock was given Outperform rating by RBC Capital Mkts in its report released on December 3rd, 2018. Barclays was of a view that MAS is Overweight in its latest report on October 31st, 2018 while giving it a price target of $35. Longbow thinks that MAS is worth Neutral rating. This was contained in the firmâ€™s report on October 12th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $44.31. The price of the stock the last time has raised by 49.72% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 63.52.
The shares of the company dipped by -0.15% during the trading session on Tuesday, reaching a low of $40.33 while ending the day at $40.47. During the trading session, a total of 2.96 million shares were traded which represents a 20.41% incline from the average session volume which is 3.72M shares. MAS had ended its last session trading at 40.53. Masco Corporation currently has a market cap of $12.10B, while its P/E ratio stands at 17.04, while its P/E earnings growth sits at 1.45, with a beta of 1.46. MAS 52-week low price stands at $27.03 while its 52-week high price is $41.76.
The company in its last quarterly report recorded $0.64 earnings per share which is above the $0.56 predicted by most analysts. The Masco Corporation generated $2,041.00 million in revenue during the last quarter, which is slightly higher than the $2,008.13 million predicted by analysts. In the second quarter last year, the firm recorded $0.65 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -1.56%. Masco Corporation has the potential to record 2.38 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Wells Fargo published a research note on February 8th, 2019 where it informed investors and clients that Macerich Company (NYSE:MAC) is now rated as Market Perform. Their price target on the stock stands at $43. KeyBanc Capital Mkts also rated MAC as Upgrade on January 7th, 2019, with its price target of $84 suggesting that MAC could surge by 16.74% from its current share price. Even though the stock has been trading at $43.00/share, analysts expect it to surge higher by -4.56% to reach $49.29/share. It started the day trading at $43.14 and traded between $40.03 and $41.04 throughout the trading session.
A look at its technical shows that MACâ€™s 50-day SMA is 43.38 while its 200-day SMA stands at 50.09. The stock has a high of $60.95 for the year while the low is $40.90. The companyâ€™s P/E ratio currently sits at 98.42, while the P/B ratio is 1.96. At the moment, only of Macerich Company shares were sold short. The companyâ€™s average trading volume currently stands at 1.18M shares, which means that the short-interest ratio is just 9.39 days. Over the past seven days, the company moved, with its shift of -5.48%. Looking further, the stock has dropped -10.39% over the past 90 days while it lost -17.42% over the last six months.
The Vanguard Group Inc meanwhile bought more MAC shares in the recently filed quarter, changing its stake to $835,970,287 worth of shares. BlackRock Fund Advisors followed the path by increasing its MAC portfolio by +1.71% in the quarter. This means that BlackRock Fund Advisors bought 138,336 shares in the last quarter and now controls 8,221,949 shares of the MAC stock, with the valuation hitting $356,421,489.
Similarly, SSgA Funds Management Inc increased its Macerich Company shares by +0.21% during the recently filed quarter. After buying 14,199 shares in the last quarter, the firm now controls 6,892,821 shares of Macerich Company which are valued at $298,803,790. In the same vein, Morgan Stanley Investment Managem increased its Macerich Company shares by during the most recent reported quarter. The firm bought 1,139,866 shares during the quarter which increased its stakes to 6,548,767 shares and is now valued at $283,889,049. Following these latest developments, around 0.20% of Macerich Company stocks are owned by institutional investors and hedge funds.