Is it time to Buy before this week’s earning report Masco (NYSE:MAS)

Earnings results for Masco (NYSE:MAS)

Masco Corporation is expected* to report earnings on 04/28/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.66. The reported EPS for the same quarter last year was $0.46.

Masco last released its earnings data on February 8th, 2021. The construction company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.01. The firm earned $1.86 billion during the quarter, compared to analyst estimates of $1.81 billion. Its revenue was up 13.5% compared to the same quarter last year. Masco has generated $2.25 earnings per share over the last year and currently has a price-to-earnings ratio of 11.8. Masco has confirmed that its next quarterly earnings report will be published on Wednesday, April 28th, 2021.

Analyst Opinion on Masco (NYSE:MAS)

16 Wall Street analysts have issued ratings and price targets for Masco in the last 12 months. Their average twelve-month price target is $61.21, predicting that the stock has a possible downside of 3.72%. The high price target for MAS is $75.00 and the low price target for MAS is $52.00. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Masco has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $61.21, Masco has a forecasted downside of 3.7% from its current price of $63.57. Masco has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Masco (NYSE:MAS)

Masco has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends. Masco has been increasing its dividend for 7 years. The dividend payout ratio of Masco is 24.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Masco will have a dividend payout ratio of 17.28% next year. This indicates that Masco will be able to sustain or increase its dividend.

Insiders buying/selling: Masco (NYSE:MAS)

In the past three months, Masco insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,080,977.00 in company stock. Only 1.23% of the stock of Masco is held by insiders. 90.93% of the stock of Masco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Masco (NYSE:MAS

Earnings for Masco are expected to grow by 5.54% in the coming year, from $3.07 to $3.24 per share. The P/E ratio of Masco is 11.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.35. The P/E ratio of Masco is 11.75, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 32.54. Masco has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.

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