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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/26/2024 16:15:00 EST
Masco Corporation (MAS)
Industry: Building Products & Equipment
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, MAS has been trading in a range between $74.30 and $64.70 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
MAS is trading below resistance at $78.88, about 2% to the upside. There is support at $73.48 -5% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Masco Corporation $MAS entered a Green zone 12 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $64.93, a potential down side of -16.17% from the recent price of 77.45. The stock is trading 1.5% (potential upside) below its 52 week high of $78.61 and 64.65 % (potential downside) above its 52 week low of $47.04 - based on the recent price.
Company Summary
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, KRAUS, EASY DRAIN, STEAMIST, ELITESTEAM, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands.
News
| Masco Corporation (MAS) Q2 2024 Earnings Call Transcript Masco Corporation (NYSE:MAS ) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Robin Zondervan - Vice President of Investor Relations/FP&A Keith Allman - President & Chief Executive Officer Rick Westenberg - Vice President & Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Stephen Kim - Evercore ISI John Lovallo - UBS Adam Baumgarten - Zelman & Associates Anthony Pettinari - Citigroup Sam Reid - Wells Fargo Susan Maklari - Goldman Sachs Keith Hughes - Truist Operator Good morning ladies and gentlemen. Welcome to Masco Corporation's Second Quarter Conference Call. Source: Seeking Alpha Thu, 25 Jul 2024 15:09:06 -0400 Sentiment: Neutral |
| Masco (MAS) Beats Q2 Earnings Estimates, Narrows EPS Outlook Masco's (MAS) second-quarter 2024 results benefit from operational improvements. Source: Zacks Investment Research Thu, 25 Jul 2024 14:31:06 -0400 Sentiment: Positive |
| Masco (MAS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Masco (MAS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. Source: Zacks Investment Research Thu, 25 Jul 2024 10:35:54 -0400 Sentiment: Neutral |
| Masco (MAS) Surpasses Q2 Earnings Estimates Masco (MAS) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.19 per share a year ago. Source: Zacks Investment Research Thu, 25 Jul 2024 09:10:44 -0400 Sentiment: Positive |
| Masco Corporation Reports Second Quarter 2024 Results LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its second quarter 2024 results. 2024 Second Quarter Results On a reported basis, compared to second quarter 2023: Net sales decreased 2 percent to $2,091 million; in local currency and excluding acquisitions, net sales decreased 2 percent Plumbing Products' net sales increased 2 percent; in local currency and excluding acquisitions. Source: Business Wire Thu, 25 Jul 2024 07:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 78.6094 52 Week Low: 47.0356 Beta: 1.244 50 Day MA: 68.974 200 Day MA: 67.5521 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.009 Qtr Revenue Growth YOY: -0.017 Forward PE: 17.9533 Trailing PE: 18.9364