Masco: Why I See A ~25% Upside

Nov. 16, 2021 10:45 AM ETMasco Corporation (MAS) Stock, , , 2 Comments
GS Analytics
3.23K Followers

Summary

  • Masco reported better than expected results last month.
  • While supply chain challenges and material cost inflation are impacting margins, management expects to achieve price-cost neutrality by the end of this year.
  • I believe the stock can continue to see upside and using 20x P/E, my price target is in the mid-80s.
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Masco (NYSE:MAS) has seen a good deal of transformation in recent years. After selling its cabinet business where the company had little competitive advantage, it is a much less cyclical company now and is showing strong business momentum. Masco currently has

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