Masco Corporation (MAS): Today's Featured Materials & Construction Loser - TheStreet

Masco Corporation

(

MAS

) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day down 2.8%. By the end of trading, Masco Corporation fell 90 cents (-6.4%) to $13.09 on average volume. Throughout the day, 8.7 million shares of Masco Corporation exchanged hands as compared to its average daily volume of 7.4 million shares. The stock ranged in price between $13.03-$13.89 after having opened the day at $13.77 as compared to the previous trading day's close of $13.99. Other company's within the Materials & Construction industry that declined today were:

Patrick Industries

(

PATK

), down 11.2%,

Goldfield

(

GV

), down 9.8%,

Energy Solutions

(

ES

), down 9%, and

MasTec

(

MTZ

), down 6.9%.

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Masco Corporation manufactures, distributes, and installs home improvement and building products primarily in North America and Europe. Masco Corporation has a market cap of $4.98 billion and is part of the

industrial goods

sector. Shares are up 33.1% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Masco Corporation a buy, two analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Masco Corporation as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, generally poor debt management and poor profit margins.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider

SPDR S&P Homebuilders ETF

(

XHB

) while those bearish on the materials & construction industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

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