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Masco Corporation (NYSE:MAS), a leading manufacturer of home improvement and building products, has seen its stock price touch a 52-week low, dipping to $63.78. The company, which maintains a solid financial health score according to InvestingPro data, has demonstrated remarkable dividend consistency, maintaining payments for 55 consecutive years while achieving a dividend growth of nearly 9% in the past year. This latest price level reflects a significant downturn from the company’s performance over the past year, with Masco Corp ’s stock experiencing a 1-year change of -17.01%. The decline to this year’s low point underscores the broader market pressures facing the industry, including supply chain disruptions and a cooling housing market, which have weighed heavily on the company’s stock valuation. Despite these challenges, analysts maintain a positive outlook, with price targets ranging from $71 to $96, suggesting potential upside. Investors and analysts are closely monitoring Masco’s strategic moves to navigate these headwinds as the company aims to rebound from this challenging period. For deeper insights into Masco’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, which covers this and 1,400+ other top US stocks.
In other recent news, Masco Corporation reported its fourth-quarter results, which revealed a revenue decline of 3% year-over-year to $1.83 billion, missing expectations of $1.84 billion. Despite this, the company slightly surpassed earnings estimates with adjusted earnings per share of $0.89 compared to the consensus estimate of $0.88. For the full year 2024, Masco’s net sales were $7.83 billion, a 2% decrease from the previous year, while adjusted earnings per share rose 6% to $4.10. Looking forward, the company provided an optimistic 2025 earnings per share forecast between $4.20 and $4.45, exceeding the $4.09 analyst consensus, despite the impact of new China tariffs.
Meanwhile, Citi analyst Anthony Pettinari raised Masco’s stock price target to $78 from $77 while maintaining a Neutral rating. Pettinari noted Masco’s mixed outlook for 2025, with expected revenue growth in the plumbing segment slightly below consensus estimates. The company’s Decorative Architectural Products segment is projected to maintain steady sales, with expected margin improvements due to the divestiture of Kichler. Additionally, Masco announced the appointment of Jonathon Nudi as its new President and CEO, effective July 7, 2025, succeeding Keith Allman. Nudi brings extensive experience from his previous leadership roles at General Mills (NYSE:GIS), and the company anticipates continued growth and shareholder value under his leadership.
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