Masco Corporation Stock Plunges 7.94% Amid Earnings Miss

Masco Corporation's stock price fell to its lowest level since November 2023 today, with an intraday decline of 7.94%.

Masco Corporation's stock price has been influenced by several recent developments. The company missed both earnings and revenue estimates for the first quarter of 2025, delivering surprises of -5.43% and 1.91% respectively. This weaker-than-expected performance has contributed to a reduction in the stock's price target by Jefferies from $64 to $62, while maintaining a Hold rating. Additionally, Masco has decided not to provide full-year 2025 financial guidance due to tariff and macroeconomic uncertainties, which could further impact investor confidence. The first quarter results also revealed a decline in sales amid cost control efforts and market challenges, with operating profit reported at $286 million. Overall, the combination of missed earnings, sales targets, and lack of guidance amidst uncertain conditions has created a negative sentiment among investors, reflected in the stock's performance.