Masco Corporation (MAS) has seen noteworthy financial activity recently, with varying reactions from the market. It hosted multiple earnings calls, showing mixed performance. The company's Q3 sales missed their target while reporting strong margins amid market challenges. The adjusted Q3 EPS was reported at $1.08 and the performance of the company’s gross margins was praised by Jim Cramer, raising by 90 bps. There have also been movements in stock ownership, such as Confluence Investment Management LLC selling shares, while Principal Financial Group and MML Investors Services have purchased significant amounts of company shares. The CEO also sold over 1.2 million shares, and there have been other notable insider sales too. MAS sold Kichler Lighting to Kingswood for $125 million and finalized the cabinetry and window divisions' sale for $725 million, a strategic move aimed at business streamlining. The home improvement stock is believed to have potential, despite the market’s overall volatile nature. The company’s SWOT analysis indicates high returns and growth potential, important for potential investors.
Masco Corporation MAS News Analytics from Tue, 10 Sep 2013 07:00:00 GMT to Fri, 03 Jan 2025 11:47:24 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -2
