Masco Corporation has had a mixed performance in the market, with the stock experiencing both gains and setbacks. Despite this volatility, Masco continually outperforms competitors on strong trading days and retains a significant stake held by
Hsbc Holdings PLC amounting to $21.79 million. Recent quarterly results exhibit mixed performance amid market challenges, with Q1 2024 earnings beating estimates and margins rising year-over-year (Y/Y). Nevertheless, the stock has fallen since the last earnings report. In addition, Franklin Resources Inc. and Wells Fargo & Company MN have increased their stake in the company. Notably, Masco’s
Delta is set to boost plumbing offerings through the acquisition of
Kraus. Despite some insider selling, the analysts generally have a 'Moderate Buy' consensus on the stock. The company's dividend analysis, balance sheet health, operational efficiency, and expansion appear promising, implying a strong growth stock for the long term. However, its stock has occasionally underperformed, leading to insiders selling shares worth US$7.3m. Also, the company has set dates for earning releases and conference calls for 2024.
Masco Corporation MAS News Analytics from Mon, 25 Oct 2010 07:00:00 GMT to Sat, 01 Jun 2024 17:32:00 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor 1
