Masco Corporation (NYSE:MAS) PEG Ratio At 1.120


Market experts’ mean price target is at $38.930 for Masco Corporation (NYSE:MAS) stock. First Call has set EPS estimate of $0.360 for next quarter and $1.570 for this year.

Technical View

The technical appraisal of Masco Corporation Common Stock identifies that the 50-day MA of Masco Corporation (NYSE:MAS) stock is $34.339, and is trading $-0.974 points away or -2.838% from 50-day moving average of $34.339. It is trading $0.302 or +0.913% off 200-day MA of $33.063. MA should be denoted as moving average.

The 52-week high of Masco Corporation (NYSE:MAS) was $37.380 while $23.100 is the low in the same period. Masco Corporation Common Stock share price need to increase over $-4.015 to register 52-week high or nosedive +44.437% for hitting 52-week low.

Technical study is a trading tool used to assess securities and attempt to estimate their future movement by analysing statistics collected from trading activity, like volume and price movement. Unlike fundamental experts who attempt to assess a security’s intrinsic value, technical experts focus on price movement recorded on charts and numerous analytical tools to assess a security’s weakness or strength and estimate future price changes.

Technical analysts believe past trading activity and price changes of a security are better indicators of the security’s likely future price movements than the intrinsic value of the security. Technical analysis was shaped out of basic concepts garnered from Dow Theory, a philosophy about trading market activities that originated from the initial literatures of Charles Dow. Two simple assumptions of popular Dow Theory that trigger all of technical study are market discounts every element that may impact a security’s price and secondly market price movements are in identifiable trends and patterns that repeat over time.

Masco Corporation (NYSE:MAS) P/E ratio is 25.334 while PEG ratio is at 1.120. Masco Corporation Common Stock stock recorded a close of $33.365 in last trading session, which gets it market cap to $10.88B.

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