NEW YORK (TheStreet) -- Shares of Masco (MAS) - Get Report were gaining in midday trading on Monday ahead of the company's 2016 third quarter results, due out before tomorrow's market open.

Wall Street is expecting earnings and revenue to increase year-over-year.

Analysts surveyed by FactSet are looking for adjusted earnings of 44 cents per share on revenue of $1.92 billion.

During the same quarter a year ago, the Taylor, MI-based home improvement and building products company earned 34 cents per share on revenue of $1.84 billion.

MKM Partners has a "neutral" rating and $40 price target on the stock ahead of the quarterly results.

The firm expects earnings of 48 cents per share as it anticipates higher operating margins than consensus estimates.

"We believe that there is some concern on MAS shares that all of the good news may be priced in, with last quarter's significant margin beats and raising of guidance for the cabinets business," MKM wrote in a recent analyst note.

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"MAS continues to trade at a multiple well above its long-term average, which is one of the factors that has kept us on the sidelines," the firm added.

But another solid execution quarter could justify that multiple and Masco has delivered earnings beats for the past five quarters, MKM noted.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on the stock.

The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, expanding profit margins and growth in earnings per share.

The team believes its strengths outweigh the fact that the company shows weak operating cash flow.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: MAS

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