Masco Corp (NYSE:MAS) shares, rose in value on Friday, January 03, with the stock price up by 0.81% to the previous day’s close as strong demand from buyers drove the stock to $72.20.
Actively observing the price movement in the last trading, the stock closed the session at $71.62, falling within a range of $71.3167 and $72.37. The value of beta (5-year monthly) was 1.25 whereas the PE ratio was 19.20 over 12-month period. Referring to stock’s 52-week performance, its high was $86.70, and the low was $63.60. On the whole, MAS has fluctuated by -10.60% over the past month.
With the market capitalization of Masco Corp currently standing at about $15.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.16, with its dividend yield at 1.61%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.84B, with a low estimate of 1.8B and a high estimate of 1.89B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.84B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.55, with the price of MAS currently trading nearly -4.92% and -7.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.51, while the 7-day volatility ratio is showing 1.80% which for the 30-day chart, stands at 1.82%. Furthermore, Masco Corp (MAS)’s beta value is 1.25, and its average true range (ATR) is 1.43.
A comparison of Masco Corp (MAS) with its peers suggests the former has fared considerably weaker in the market. MAS showed an intraday change of 0.81% in last session, and over the past year, it grew by 12.34%%.
Data on historical trading for Masco Corp (NYSE:MAS) indicates that the trading volumes over the past 10 days have averaged 1.32 and over the past 3 months, they’ve averaged 1.42 million. According to company’s latest data on outstanding shares, there are 215.70 million shares outstanding.
Nearly 0.37% of Masco Corp’s shares belong to company insiders and institutional investors own 94.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.34 million shares as on 2024-12-13, resulting in a short ratio of 3.07. According to the data, the short interest in Masco Corp (MAS) stood at 229.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 3.77 million. The stock has fallen by -0.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAS stock heading into the next quarter.
