Livonia, Michigan-based Masco Corporation (MAS) designs, manufactures, and distributes home improvement and building products. Valued at a market cap of $13.2 billion, the company provides an extensive portfolio of products tailored for the residential repair, remodel, and new home construction markets, serving both do-it-yourself (DIY) consumers and professional contractors.
This home improvement products provider has considerably underperformed the broader market over the past 52 weeks. Shares of MAS have declined 3.5% over this time frame, while the broader S&P 500 Index ($SPX) has soared 24.3%. Moreover, on a YTD basis, the stock is up 1.4%, compared to SPX’s 8.1% rise.