Wells Fargo has upgraded Masco Corp (MAS) from Equal-Weight to Overweight, reflecting a more optimistic view on the company's future prospects. This move underscores a shift in analyst sentiment that may be driven by improved fundamentals or better-than-expected business performance.
Masco Corp is a prominent player in the building industry, designing, manufacturing, and distributing branded home improvement products. The company, headquartered in Livonia, Michigan, employs approximately 18,000 full-time staff. Its diverse portfolio includes well-known brands such as Behr paint, Delta and hansgrohe faucets, and HotSpring spas. The firm operates through two primary segments: Plumbing Products and Decorative Architectural Products.
Currently, Masco's stock trades at $63.98, with a market capitalization of $12.9 billion. The company has a trailing P/E ratio of 15.60 and an EPS of 3.90. With a dividend yield of 199.7%, it has attracted attention from investors.
Looking ahead, Masco is set to announce its next earnings report on July 29, 2026, with analysts estimating an EPS of $1.32 and revenue of $2.1 billion. The recent upgrade by Wells Fargo adds to a mixed bag of ratings, as the consensus remains a Hold among analysts, with 3 Strong Buy, 7 Buy, 16 Hold, 1 Sell, and no Strong Sell ratings.
This update provides insight into the evolving analyst landscape surrounding Masco Corp, as ratings can shift with new information and varying analyst perspectives.