Earnings Recap and Analysis - Masco

LONDON, August 4, 2014 /PRNewswire/ --

Investor-Edge.com has issued complimentary earnings recap and analysis coverage on Masco Corporation (NYSE: MAS). The company announced its earnings on Monday, July 28, 2014, reporting a 21% year-over-year gain in adjusted operating profit, a 39% year-over-year surge in adjusted earnings per share (EPS), and 5% year-over-year growth in net sales during the second quarter of 2014. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview  

During the second quarter of 2014, Masco Corp.'s adjusted gross margins bettered 30 basis points to 29.2% from 28.9% in the second quarter of 2013. The company's adjusted operating margin improved to 11.0% from 9.6% in the year ago quarter. The building product manufacturer's adjusted operating profit stood at $249 million, compared with $206 million in the prior year quarter. Masco Corp.'s North American sales improved 4% year-over-year, while international sales grew 9% in US dollars and 2% in local currency during the reported period. The free research on MAS can be downloaded as in PDF format at:

http://www.Investor-Edge.com/MASFreeReport

Keith Allman, Masco Corp.'s President and Chief Executive Officer, stated in the press release that the company has been able to report solid second quarter, marked by revenue growth and strong profitability. Mr. Allman asserted that the company's focus on key priorities, which included growing market share of leading brands, accelerating customer-focused innovation pipeline, further penetration in international markets and driving operational leverage through cost containment, was demonstrated in the company's Q2 2014 earnings performance, despite a more moderate housing recovery.

The Taylor, Michigan-based company's quarterly net sales stood at $2.26 billion, above the $2.15 billion reported in the year-ago quarter and in-line with Bloomberg analysts' expectation of $2.26 billion. Net income attributable to Masco Corp. of $139 million, or $0.39 per common diluted shares, was above $78 million, or $0.22 per common diluted shares, reported in the prior year same quarter. Meanwhile, analyst at Bloomberg anticipated net income of $104.12 million, or $0.28 per common shares. Sign up and read the free analyst's notes on MAS at:

http://www.Investor-Edge.com/MAS-04082014

Stock Performance  

A day after the earnings release, on Tuesday, July 29, 2014, Masco Corp.'s shares rallied 7.10% to close the session at $21.71. On Friday, August 01, 2014, the stock gained 1.97% to end the day at $21.21. Shares of Masco Corp. vacillated between $20.75 and $21.49 during the session. A total of 5.54 million shares were traded, which was above its three months average volume of 5.45 million shares. Over the previous three trading sessions and over the last one month, Masco Corp.'s shares have fallen by 2.30% and 5.35%, respectively. Further, from the beginning of 2014, the stock has fallen by 6.85%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $21.70 is greater than its 50-day moving average of $21.59. Masco Corp.'s stock traded at a PE ratio of 19.70 and has a Relative Strength Index (RSI) of 49.20. Visit Investor-Edge and access the latest research on MAS at:

http://www.Investor-Edge.com/MASEarningsCoverage

Sneak Peek to Corporate Insider Trading  

In the last one month, four insiders have sold 4,508 shares of Masco Corp., worth $100,528.40 at an average price of $22.30 a share. On July 1, 2014, Director, Allman Keith J., sold 532 shares of the company, while officers, Sznewajs John G., Lindow John P., and Cole Kenneth G., have offloaded 1,941, 912, and 1,123 shares, respectively. Complimentary in-depth research on MAS is available at:

http://www.Investor-Edge.com/MASInsiderTrading

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