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Shares of Frontdoor, Inc. FTDR, the leading provider of home warranties in the United States, have rallied 36.1% in the past three months. The stock has significantly outperformed the 2% rise registered by the Zacks Building Products - Miscellaneous industry.
FTDR also outpaced the Zacks Construction sector's 5.1% growth and the S&P 500 index's 0.8% increase during the same period. The company is benefiting from improved contract claims costs and customer retention. Also, the emphasis on home warranties and on-demand home services bodes well.
The recent strong performance of Frontdoor puts it ahead of peers like Armstrong World Industries, Inc. AWI and Construction Partners, Inc. ROAD, which moved up 6% and 6.6%, respectively, in the past three months. It also outpaced Advanced Drainage Systems, Inc. WMS, which saw a 17.8% decline during the same period.
FTDR Trading Above 50 & 200-Day Moving Averages
Technical indicators suggest continued strong performance for Frontdoor. FTDR is currently trading above its 50-day SMA. In fact, the 50-day SMA continues to read higher than the 200-day SMA, signaling a bullish trend. This technical strength highlights positive market sentiment and confidence in FTDR's financial stability and prospects.
Factors Driving FTDR’s Stock Surge
Boosting Home Warranty Sales: Although macroeconomic headwinds are impacting home warranty sales, Frontdoor continues to focus on the long-term growth potential of the market. The company has modestly revised its outlook for member count.
The company's American Home Shield (AHS) brand continues to focus on selling home warranties. Frontdoor has implemented several measures to boost home warranty sales. In April, the company launched a new marketing campaign for AHS that generated strong results. FTDR also deployed short-term strategies like a 50% discount promotion in July 2024, which showed positive renewal rates.
The company is advancing to the next phase of the AHS brand relaunch. These initiatives demonstrate FTDR’s commitment to using targeted discounts to attract and retain members.
Expanding On-Demand Business: FTDR is making notable strides in its on-demand business, showing significant growth and enhanced capabilities. It is successfully expanding its ecosystem to cover a wide range of home services, reaching more homeowners and leveraging a network of independent contractors. This approach is increasing the company's share of wallets and effectively addressing repair, replacement and maintenance needs.
The company's HVAC on-demand business is performing exceptionally well. During the second quarter, FTDR's other revenues increased 46% year over year, driven by higher on-demand home services, primarily new HVAC sales. The company is advancing its technology capabilities and developing new revenue streams, as highlighted by its recent partnership with Moen.
2-10 Acquisition Fuels FTDR’s Expansion: In June, FTDR entered into an agreement to acquire 2-10 Home Buyers Warranty, a leading provider of new home structural warranties. The acquisition is expected to deliver near-term benefits, including an expanded customer base, product diversification and significant synergies. Over the long term, it is anticipated to enhance growth in the customer base, revenues and earnings.
Strong Liquidity Profile: Frontdoor continues to ensure financial flexibility, supporting future investments and driving long-term growth. Net cash provided by operations was $187 million in the six months ended June 30, 2024, up from $112 million a year ago. Its net debt to adjusted EBITDA ratio improved to 0.85x in the second quarter of 2024, compared to 1.5x in the year-ago quarter, highlighting a stronger financial position.
Frontdoor remains committed to enhancing shareholder value through strategic initiatives aimed at boosting returns. On July 26, Frontdoor's Board approved a new 3-year share repurchase plan worth $650 million, marking a 63% increase from the previous authorization.
Potential Risks to FTDR’s Stock Growth
The current environment presents significant cyclical issues, particularly due to consumer stress and reduced spending, which are impacting the home warranty sector and other areas of the economy.
During the second quarter, real estate and direct-to-consumer (DTC) revenues fell 14% year over year each. The downtick was mainly due to lower home warranty sales, which were impacted by a challenging real estate market and inflation affecting consumer sentiment. Elevated home prices, high mortgage rates and low inventory are significant challenges for the company.
FTDR's Estimate Movement & Valuation
Analysts are showing confidence in the stock, as indicated by recent upward revisions in earnings estimates. This depicts that there is solid upside potential for the stock. The estimated figure indicates 21.3% year-over-year growth for 2024. FTDR’s growth prospect is further solidified with a VGM Score of A, backed by a Growth Score of A.
Frontdoor is currently trading at a discount compared to its industry peers, as shown below. Despite FTDR's strong stock performance relative to its industry, its current valuation suggests that the market might not have fully acknowledged or priced in the company's growth potential and earnings prospects.
Is it the Right Time to Buy FTDR Stock Now?
Despite facing significant cyclical challenges, such as consumer stress, reduced spending, and a tough real estate market, Frontdoor is demonstrating resilience.
The company’s raised outlook for 2024 is also reflective of the fact. Revenue is now expected to grow 2-3% to a range of $1.81-$1.84 billion. The gross margin outlook was increased to slightly above 51%, compared with the prior projection of 50%. Adjusted EBITDA is now projected to be within $385-$395 million versus an earlier range of $360-$370 million.
Although the company observed soft demand in DTC and real estate channels during second-quarter 2024, it witnessed a positive trend in the renewal channel. The overall retention rate increased by 30 bps to 76.6%. A decline of $17 million in contract claims cost reflects successful cost management and process improvements. These robust fundamentals and strong financial outlook make this Zacks Rank #1 (Strong Buy) company an attractive addition to investors' portfolios at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks Investment Research
Shares of Construction Partners, Inc. ROAD have gained 40.9% in the year-to-date period, outperforming the Building Products - Miscellaneous industry’s 10.1% growth, the Zacks Construction sector’s 13.9% increase and the S&P 500 Index’s 15% rise.
ROAD is benefiting from solid demand trends for private and public work across more than 70 local markets in the six southeast states it operates. Furthermore, accretive acquisitions, project pipelines and the ROAD-Map 2027 goals have been driving the company.
Although ongoing macroeconomic uncertainties and inflated cost structure are headwinds, the aforementioned positives are more than offsetting the negative impacts and supporting ROAD’s growth.
ROAD stock has outperformed industry players like Frontdoor, Inc. FTDR, Armstrong World Industries, Inc. AWI and Installed Building Products, Inc. IBP in the year-to-date period. In the said time frame, FTDR, AWI and IBP have gained 35.6%, 24% and 12.6%, respectively.
Here’s What Makes ROAD Stock a Solid Pick
Ongoing Demand Strength: Construction Partners operates across six southeastern states in the United States, offering construction services and related products for public and private projects. Due to healthy funding programs at the state, local and federal levels throughout the southeastern states, the company witnesses strong demand for public projects. Public investments include a variety of infrastructure projects ranging from highways and bridges to airports, railroads and military bases.
Also, ROAD continues to see areas of strength in the private market for manufacturing, corporate site development, large economic development projects and residential. This sustained demand continues to drive project backlog growth. As of June 30, 2024, the company’s backlog was $1.86 billion, up from $1.59 billion in the year-ago quarter and from $1.79 billion in the prior quarter.
Accretive Buyouts: Construction Partners follows a profitable buyout strategy, which enhances as well as expands its product offerings and geographical reach. Since the beginning of fiscal 2024, it has acquired eight companies. On Tuesday, ROAD acquired John G. Walton Construction Company, Inc., based in Mobile, AL. The acquisition includes a hot-mix asphalt plant, along with crew and equipment, serving the greater Mobile and southwestern Alabama area. This strategic transaction will strengthen the company’s position in the growing Mobile metro area and enable it to pursue further opportunities in Alabama.
During the fiscal third quarter, the company acquired Hudson Paving in Rockingham, NC, and Robinson Paving Company in Columbus, GA. Thanks to these buyouts, it has added two asphalt plants, a greenfield asphalt plant site, a diverse fleet of equipment and vehicles as well as skilled construction professionals to its business portfolio.
ROAD-Map 2027 Goals: During the latter half of 2023, ROAD disclosed certain targets that it expects to achieve by fiscal 2027. The targets included annual revenue growth in the range of 15-20%, with approximately half of the growth being inorganic and the other half being organic, and EBITDA margin expansion in the range of 13-14%.
Given the ongoing opportunities for organic and inorganic growth, Construction Partners seems well-positioned to achieve these targets. During the nine months ended June 30, 2024, revenues increased year over year by 18.1% to $1.29 billion while the adjusted EBITDA margin expanded 170 basis points to 11.2%.
ROAD Crosses 50-Day SMA
Technical indicators imply a continued strong performance for Construction Partners. From the graphical representation given below, it can be observed that ROAD stock crossed the 50-day simple moving average mark on Wednesday, signaling an improving trend. The technical strength underscores positive market sentiment and confidence in its financial health and prospects.
50-Day Moving Average
Estimate Trend Favors ROAD
The Zacks Consensus Estimate for Construction Partners’ fiscal 2024 earnings has trended upward in the past 30 days. The estimated figure indicates growth of 52.1% from a year ago. The consensus estimate for fiscal 2025 earnings has also moved up over the past 60 days, indicating 25.2% year-over-year growth.
EPS Estimate Trend
The company has long-term earnings per share growth rate of 30.9%, which is higher than its industry’s 11.3%.
ROAD Trades at a Premium
Construction Partners is currently trading at a premium to the industry peers on a forward 12-month price-to-earnings (P/E) ratio basis. ROAD’s forward 12-month P/E ratio is 34.66, which is significantly higher than the industry’s 16.27.
Should You Say Yes to ROAD Stock?
From the above-discussed factors, it is clear that Construction Partners is undertaking effective measures and seeking accretive opportunities to meet its Map 2027 goals. The ongoing demand strength for public and private infrastructure and related projects, along with favorable buyout opportunities, bodes well for the company.
ROAD’s trailing 12-month return on equity (ROE) is 13.3%, lower than the industry’s 14.3%. Although its ROE metric is under pressure, ROAD’s performance likely reflects better execution and market share capture than its industry peers, thereby sustaining its growth trajectory in the upcoming period. The company has a VGM Score of A, backed by a Growth Score of A and a Value Score of B.
Furthermore, a higher valuation seems justified, given ROAD’s growth trajectory. The upward EPS revisions indicate further earnings growth and a higher valuation is likely to offer upside potential in the long run.
Based on the overall discussion and the trends of technical indicators, investors can consider adding this Zacks Rank #2 (Buy) stock to their portfolio for now. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Investment Research
Construction Partners, Inc. ROAD or CPI, acquired John G. Walton Construction Company, Inc., based in Mobile, AL. The acquisition includes a hot-mix asphalt plant, along with crews and equipment, serving the greater Mobile and southwestern Alabama area.
The strategic acquisition, which includes a hot-mix asphalt plant with access to water and rail, strengthens ROAD’s position in the growing Mobile metro area. With this addition, the company now operates in Alabama’s four largest markets and continues to pursue further opportunities to expand its presence in the state.
ROAD’s shares rose 2.9% during the trading session on Sept. 10, 2024.
Strategic Acquisitions Strengthen ROAD's Market Presence
ROAD follows a profitable buyout strategy, which enhances and expands its product offerings and geographical reach. The company has been bolstering inorganic growth and market expansion in the past several years. On Aug. 1, 2024, it acquired Robinson Paving Company, based in Columbus, GA. This acquisition includes three hot-mix asphalt plants in Columbus and the surrounding areas.
On June 3, the company acquired Hudson Paving, Inc. based in Rockingham, NC. This acquisition adds a hot-mix asphalt plant along with crews and equipment serving the Sandhills region.
On May 1, the company acquired Auburn, GA-based Sunbelt Asphalt Surfaces, Inc.’s asphalt manufacturing and construction operations and one active hot-mix asphalt plant and related crews and equipment. The transaction also included a greenfield hot-mix asphalt plant in Commerce.
In January, the company completed the acquisitions of SJ&L General Contractor, LLC, based in Huntsville, and Littlefield Construction Company, located in Waycross. These strategic acquisitions aim to enhance ROAD's presence in existing growth markets by expanding services and adding crews and equipment to its portfolio.
Increased government infrastructure spending is bolstering the company’s prospects. The U.S. administration’s endeavor to rebuild the nation’s deteriorating roads and bridges and fund new climate-resilient and broadband initiatives is expected to boost its prospects.
ROAD’s YTD Price Performance
In the year-to-date period, this vertically integrated civil infrastructure company’s shares have outperformed in the Zacks Building Products - Miscellaneous industry. The stock has rallied 36.4% compared with the industry’s growth of 10.1%. The company is benefiting from strong demand for infrastructure services across its regions, supported by increased funding for public projects at federal, state and local levels. Also, the emphasis on accretive acquisitions, a solid backlog level and strategic business initiatives are added positives.
Zacks Rank & Other Key Picks
Construction Partners carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks from the Zacks Construction sector are:
EMCOR Group, Inc. EME presently flaunts a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 36.5%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for EME’s 2024 earnings per share (EPS) indicates an improvement of 46.2% from the prior-year levels.
Granite Construction, Inc. GVA, a Zacks Rank #2 (Buy) company, is the largest diversified infrastructure firm in the United States. It has a trailing four-quarter earnings surprise of 26.4%, on average.
The consensus estimate for GVA’s 2024 EPS is expected to climb 66.9% year over year. The estimated figure moved up to $5.24 from $4.76 in the past 60 days.
MasTec, Inc. MTZ currently carries a Zacks Rank #2. It has a trailing four-quarter earnings surprise of 19.4%, on average.
The consensus estimate for MTZ’s 2024 EPS is expected to rise 53.3% year over year. The estimated figure moved up to $3.02 from $2.94 in the past 60 days.
Zacks Investment Research
KBR, Inc.’s KBR ROSE supercritical Solvent De-Asphalting technology has been chosen by Zhejiang Petroleum & Chemical Co. Ltd. (“ZPC”), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.
Per the contract, KBR will be offering technology licensing and proprietary engineering design to ZPC, intended to upgrade the latter’s residue conversion for higher profitability and operational sustainability.
KBR’s ROSE is an innovative supercritical extraction technology designed for safe start-up and reliable performance, significantly improving the carbon footprint for refiners. This efficient and simple process will help ZPC in achieving its desired relatable goals.
KBR’s Contract Winning Spree
KBR’s focus on a resilient business model and efficiency-boosting initiatives have sparked its project-winning momentum. Also, the rising global importance of national security, energy security, energy transition and climate change has been acting as a major tailwind.
The company’s solid backlog and option level of $20.1 billion at the fiscal second-quarter 2024 end highlight its underlying strength. KBR received $2.1 billion in bookings and options in highly strategic areas with a trailing 12-month book-to-bill of 1x. The upside was backed by growth across Sustainable Technology Solutions as well as the Government Solutions’ new and on-contract growth across International, Defense & Intel and Science and Space.
KBR’s shares have gained 11% in the year-to-date period compared with the Zacks Engineering - R and D Services industry’s 23.1% growth. Although shares of the company have underperformed its industry, new and on-contract growth across its Government Solutions businesses and increased demand for sustainable services and technology are likely to be beneficial in the upcoming period.
Going forward, KBR expects broad-based growth across both segments. Primary growth drivers include high-end and differentiated government business work, strong margin performance and technology and consulting business.
KBR’s Zacks Rank & Key Picks
KBR currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Construction sector.
Comfort Systems USA, Inc. FIX currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
FIX delivered a trailing four-quarter earnings surprise of 20.6%, on average. The stock has risen 64.4% in the past year. The Zacks Consensus Estimate for FIX’s 2024 sales and earnings per share (EPS) indicates growth of 29.4% and 57.8%, respectively, from the prior-year levels.
Sterling Infrastructure, Inc. STRL currently sports a Zacks Rank of 1. It has a trailing four-quarter earnings surprise of 17.4%, on average. Shares of STRL gained 42% in the past year.
The consensus estimate for STRL’s 2024 sales and EPS implies an increase of 9.7% and 26.6%, respectively, from the prior-year levels.
Frontdoor, Inc. FTDR presently sports a Zacks Rank of 1. FTDR delivered a trailing four-quarter earnings surprise of 279%, on average. The stock has gained 47.7% in the past year.
The Zacks Consensus Estimate for FTDR’s 2024 sales and EPS indicates an increase of 3% and 18.7%, respectively, from a year ago.
Zacks Investment Research
The Taiwan subsidiary of Otis Worldwide Corporation OTIS has acquired Jardine Schindler Lifts Limited (Taiwan) from the Jardine Schindler Group.
This buyout will strengthen the company’s position in the Taiwan market with the expanded customer reach and operational capacity of Jardine Schindler Lifts. Otis is optimistic about introducing its products and service offerings, including the recently launched Otis ONE platform and the connected Gen3 elevators, to the new customer base.
This strategic transaction, a milestone for Otis, will enable it to better serve the region and its customers.
Other Growth Initiatives of OTIS
Apart from inorganic growth strategies, Otis also focuses on organic ways of fostering its growth. The primary organic growth strategy is innovation. The company seems to be invested in seeking innovation opportunities and capitalizing on them for its upcoming prospects.
Otis invested $144 million in R&D in 2023. Furthermore, during the first six months of 2024, it invested $75 million in R&D, up 5.6% year over year. The year-over-year increase in R&D investments showcases the company’s intent focus on amalgamating recent technologies into its products to stay well-positioned in the market.
As of 2023-end, it had 11 R&D centers and 17 factories across the world, primarily in China, India, Japan, France, Germany, Spain and the United States. These centers are strategically placed to enable the efficient development of engineering solutions. Also, the company’s approximately 1,200 global engineers focus intently on digital initiatives, software, design user interfaces and experience.
Shares of this leading manufacturer of elevators, escalators and moving walkways have gained 2.5% in the year-to-date period compared with the Zacks Building Products - Miscellaneous industry’s 9.2% growth. Although the company’s shares have underperformed the industry, it intends to continue innovating and expanding the digital ecosystem and undergo inorganic initiatives to foster its prospects in the upcoming period.
OTIS’ Zacks Rank & Key Picks
Otis Worldwide currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Construction sector.
Comfort Systems USA, Inc. FIX currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
FIX delivered a trailing four-quarter earnings surprise of 20.6%, on average. The stock has risen 64.4% in the past year. The Zacks Consensus Estimate for FIX’s 2024 sales and earnings per share (EPS) indicates growth of 29.4% and 57.8%, respectively, from the prior-year levels.
Sterling Infrastructure, Inc. STRL currently sports a Zacks Rank of 1. It has a trailing four-quarter earnings surprise of 17.4%, on average. Shares of STRL gained 42% in the past year.
The consensus estimate for STRL’s 2024 sales and EPS implies an increase of 9.7% and 26.6%, respectively, from the prior-year levels.
Frontdoor, Inc. FTDR presently sports a Zacks Rank of 1. FTDR delivered a trailing four-quarter earnings surprise of 279%, on average. The stock has gained 47.7% in the past year.
The Zacks Consensus Estimate for FTDR’s 2024 sales and EPS indicates an increase of 3% and 18.7%, respectively, from a year ago.
Zacks Investment Research
It has been about a month since the last earnings report for Armstrong World Industries . Shares have lost about 4.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Armstrong World Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Armstrong World Q2 Earnings & Net Sales Beat, View Up
Armstrong World reported solid results for second-quarter 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis
The company’s growth trend was backed by solid contributions from the Mineral Fiber as well as Architectural Specialties segments. Growth was attributable to the increase in AUV and volume. Also, contributions from recent acquisitions aided the uptrend.
Given the solid second-quarter results and improved line of sight for the full year, Armstrong World raised its 2024 guidance for all key metrics.
Inside the Headlines
Armstrong World reported adjusted earnings per share (EPS) of $1.62, which topped the Zacks Consensus Estimate of $1.53 by 5.9%. The metric also grew 17.4% year over year from earnings of $1.38 per share.
Net sales of $365.1 million also surpassed the consensus mark of $316 million by 1.2% and increased 12.2% year over year. The upside was driven by a favorable AUV of $13 million partially and a higher sales volume of $27 million.
Adjusted EBITDA increased 12.5% from the year-ago quarter’s figure to $125 million. Adjusted EBITDA margin rose 10 bps from the year-ago quarter to 34.3%.
Segmental Performance
Mineral Fiber: The segment’s net sales grew 6.9% on a year-over-year basis to $250.2 million on the back of 6% growth of favorable AUV driven primarily by positive like-for-like pricing and a modest contribution from favorable mix. Volume also grew on stabilizing demand and benefiting from growth initiatives.
Adjusted EBITDA increased 10.4% from the year-ago quarter’s figure to $104 million. Adjusted EBITDA margin also rose 130 bps during the quarter to 41.7%. Input costs were low on lower freight and energy costs and inventory valuations, partially offset by increased incentives and inflationary pressures.
Architectural Specialties: Net sales in the segment increased 25.7% year over year to $114.9 million, driven by a $20 million contribution from 3form and BOK and a moderate increase in custom project net sales.
Adjusted EBITDA for the quarter was $21 million, indicating 25.1% growth year over year. On a year-over-year basis, the adjusted EBITDA margin contracted 10 bps to 18.4% due to acquisitions.
Financials
As of Jun 30, 2024, Armstrong World had cash and cash equivalents of $73.6 million compared with $70.8 million at 2023-end. Long-term debt, less current installments, was $621.5 million versus $564.3 million at 2023-end.
Net cash provided by operations was $57 million in the second quarter compared with $68 million in the year-ago period. Adjusted free cash flow was $62 million, down from $73 million reported in the year-ago quarter.
During the reported quarter, the company repurchased 0.1 million shares of common stock for $10 million, excluding commissions and tax costs. As of Jun 30, 2024, $692 million shares were remaining under the current authorized share repurchase program.
Raised 2024 Guidance
The company now anticipates net sales in the range of $1,415-$1,440 million, up from prior expectations of $1,395-$1,435 million, indicating a 9-11% increase from the year-ago figure of $1,295 million.
Segment-wise, Mineral Fiber sales are now expected to grow 4-6%, up from 2-5% expected earlier. Architectural Specialties’ sales are anticipated to rise 22-24% from the prior projection of 21-24%.
Adjusted EBITDA is now projected to be between $474 million and $486 million, up from the previously expected range of $465-$485 million, reflecting 10-13% growth from $430 million in 2023. Mineral Fiber’s adjusted EBITDA margin is now anticipated to be approximately 41%, up from 40% expected earlier. Architectural Specialties’ adjusted EBITDA margin is still anticipated to be 18%.
Armstrong World now expects adjusted EPS to increase 13-16% year over year to $6.00-$6.15 (priorly expected between $5.80 and $6.05) from the 2023 reported figure of $5.32. Adjusted free cash flow is now anticipated to be in the range of $288-$300 million compared with a previous projection of $285-$300 million, indicating a 10-14% increase year over year.
How Have Estimates Been Moving Since Then?
It turns out, estimates review have trended upward during the past month.
VGM Scores
Currently, Armstrong World Industries has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Armstrong World Industries has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
Armstrong World Industries is part of the Zacks Building Products - Miscellaneous industry. Over the past month, Masco , a stock from the same industry, has gained 1.2%. The company reported its results for the quarter ended June 2024 more than a month ago.
Masco reported revenues of $2.09 billion in the last reported quarter, representing a year-over-year change of -1.7%. EPS of $1.20 for the same period compares with $1.19 a year ago.
For the current quarter, Masco is expected to post earnings of $1.08 per share, indicating a change of +8% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.4% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Masco. Also, the stock has a VGM Score of A.
Zacks Investment Research
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The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.