As per the research groups listed in Thomson Reuters survey, Masco Corporation (NYSE:MAS), the stock can touch mean price target of $38.870 in coming period. This price target highlights the recommendations of leading experts in the market.
Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $0.360 per share in looming quarter and $1.560 during current fiscal.
While evaluating Masco Corporation Common Stock on the technical side, it is seen that the firm’s shares price is trading $0.916 points away or +2.660% from its 50-day moving average of $34.429. Further it is trading $4.013 or +12.809% away its 200-day moving average of $31.332. MA here stands for moving average.
Masco Corporation (NYSE:MAS) stock made a high of $37.380 in last 12-months while the lowest level in same period was $23.100. It entails if stock price makes a movement of over $-2.035, it will make a new 52-week high. In the case of +53.009% decline, it will touch a new 52-week low.
The valuation of Masco Corporation Common Stock is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Masco Corporation (NYSE:MAS) P/E ratio is 26.838. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Masco Corporation Common Stock it stands at 1.150.
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