The company shows strong fundamentals. Sales are expected to rise by more than 8% in the current fiscal year for total income increase of almost 60%. Furthermore, the stock has been upward revised in terms of EPS +20%, this made by analysts polled by Thomson-Reuters for the last 12 months. The consensus remains buyer overall.
Technical patterns are encouraging. The stock has been trading in the USD 20.5/23.5 area since the end of 2013 forming this way a rising wedge. Nowadays, the stock is ready for breaking out through the upper trend line and hence triggers a rally toward the target at USD 25.4.
According to both technical and fundamental analysis, the timing seems suitable for long position taking if the USD 23.7 threshold is broke. The bullish trend should allow the security to reach the USD 25.4 resistance. A stop loss will be placed under the entry point at USD 22.8.
Masco Corporation is one of the world's leading manufacturers of home improvement products. Net sales break down by family of products as follows:
- plumbing equipment (60.8%): plumbing, sink, bath and shower systems (Delta, Brizo, Peerless, Hansgrohe, Axor, Kraus, Easy Drain, Ginger, Newport Brass, Brasstech, Waltec, Bristan ans Heritage brand names), acrylic bathtubs, shower enclosures and shower trays (Delta, Peerless and Mirolin), spa and exercise pool systems (Hot Spring, Caldera, Freeflow Spas, Endless Pool, Tylo and Finnleo) and brass/copper and composite plumbing components (Brasscraft, Plumbshop and Master Plumber);
- architectural decoration products (39.2%): architectural coatings products (paints, primers, special paints, stains and waterproof coatings sold under the Behr, Kilz, Whizz and Elder & Jenks brands), furniture for door and window, do-it-yourself furniture and equipment, glass shower doors, wall plates, hooks and suspension accessories, etc. (Liberty, Brainerd and Franklin Brass).
At the end of 2023, the group had 42 production sites located primarily in North America (30).
Net sales are distributed geographically as follows: North America (80.1%) and Europe (19.9%).
MASCO CORPORATION 
