NEW YORK ( TheStreet) -- Building materials company Masco ( MAS) was the best-performing stock in the S&P 500 Tuesday morning. The S&P rose 1.27 points, or 0.09%, to 1,417.78 Tuesday morning.
Shares of Masco rose 4.35% to $14.38. Shares of the building materials company were rising following a report from homebuilder Lennar ( LEN) that saw its profit top analysts' estimates. Lennar reported first-quarter earnings of $15 million, or 8 cents a share, which beat analysts' estimates of 4 cents. The stock hit a 52-week high Tuesday of $27.63. Meanwhile, the Standard & Poor's Case-Shiller home-price index showed that home prices in January declined in 16 of the 19 cities it covers. Masco's 52-week high of $14.42 was set on May 31. The stock's 52-week low of $6.60 was set on Oct. 4. Masco has an estimated price-to-earnings ratio for next year of 22.63 times; the average for building materials and fixtures companies is 28.04. For comparison, Valspar ( VAL) has a lower forward P/E of 14.07; Vulcan Materials' ( VMC) forward P/E is 281.58. Twelve of the 17 analysts who cover Masco rated it hold. Four analysts gave the stock a sell rating and one rated it buy. TheStreet Ratings gives Masco a C- grade and a hold rating. The stock has risen 37.21% year to date. -- Written by Alexandra Zendrian >To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: email@example.com. >To follow the writer on Twitter, go to Alexandra Zendrian.