Masco Corporation (MAS) anticipates its Q4 2024 earnings and has scheduled the earnings call for February 11, led by CEO Keith Allman. Despite strong trading day performance, Barclays cuts MAS's price target to $84.00. Shares are trading at US $81.68, prompting investor investigation. Examining Q3 2024 results, MAS reveals strong margins despite market challenges, yet misses Q3 sales targets. Masco plans to sell Kichler Lighting, thus unlocking potential value. Also, the company's dividend of $0.29 is confirmed. Kera Capital Partners Inc. and others make new investments in MAS while some insiders sell US$6.0m worth of stock. The company's mixed results were released in the Q1 of 2024, causing fluctuations in the share value. MAS continues stock growth and has passed the 200-day moving average, indicative of a bullish sentiment for MAS. Recently, Nordea Investment Management AB made a large purchase of 520,555 shares of MAS. The company's Q2 earnings were in line with expectations though growth slows, affecting its stock value compared to S&P 500's performance. The company's stock resilience resulting from a SWOT analysis signals stability amid market shifts. Kingswood Capital Management bought Kichler lighting and Ardian purchases majority stake in the engineering group of Masco. The company stock soared to $84.7, all-time high. The completion of the acquisition of Sauna360 Group Oy adds to MAS's portfolio.
Masco Corporation MAS News Analytics from Tue, 10 Sep 2013 07:00:00 GMT to Thu, 23 Jan 2025 22:12:00 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor -3
