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Kichler Lighting LLC, an industry-leading brand of Masco Corporation (MAS - Free Report) , introduced a new collection to its ceiling fan line. This sophisticated, lifestyle-inspired collection includes nine new families and 33 SKUs.
Scott Williams, product manager, Kichler ceiling fans, stated, "Our new lines give homeowners and designers the character-defining elements they want, along with the performance they need. From cottagecore to modern industrial, Kichler's ceiling fans go far beyond functional to deliver trend-forward designs that transform indoor and outdoor living areas."
Shares of the company inched up 0.7% on Jul 13.
Masco’s Decorative Architectural Products segment offers decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting and LED lighting systems through the KICHLER and ÉLAN brands and other trademarks.
Since 1938, Kichler has been focusing on strengthening and growing relationships with its customers and their friends and family. Its high-quality products have the only class 4 lab in the U.S. — ensuring verified specifications and safety for every fixture the company delivers.
In first-quarter 2022, the segment reported sales of $842 million, up 17% from the prior-year period’s number. Adjusted EBITDA rose 9.2% from the prior-year period’s reading.
Image Source: Zacks Investment Research
Shares of Masco have gained 7.7% against the Zacks Building Products – Miscellaneous industry’s 10.8% in the past three months. Earnings estimates for 2022 reflects 14.9% year-over-year growth.
Some Better-Ranked Stocks in the Broader Construction Sector
Arcosa, Inc. (ACA - Free Report) : This Dallas, TX-based company provides infrastructure-related products and solutions. The company is focused on its long-term vision to lower the complexity of Arcosa’s overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation.
Recently, it signed a deal to sell its storage tanks business and will invest the proceeds into its key growth businesses. Also, ACA’s inorganic drive to expand its portfolio, improved efficiencies in utility structures business and solid execution in cyclical businesses, should drive growth.
Arcosa, a Zacks Rank #1 stock, has seen an upward estimate revision for 2022 earnings over the past 60 days to $1.83 per share from $1.79.
Quanex Building Products Corp. (NX - Free Report) : This Houston, TX-based company provides components for the fenestration industry worldwide. Despite ongoing challenges related to inflation and the supply chain, NX registered higher demand for its products during the second quarter of fiscal 2022 and started to see the benefit of its pass-through pricing strategy, which drove revenue growth and improved profitability.
The company expects further margin expansion in the second half of fiscal 2022 despite inflationary pressure. It is focused on generating cash, paying down debt and opportunistically repurchasing stock.
Quanex has seen a 21.8% upward estimate revision for fiscal 2022 earnings over the past 30 days. This Zacks Rank #1 company’s earnings for fiscal 2022 are expected to rise 34.3% from fiscal 2021.
TopBuild Corp. (BLD - Free Report) : TopBuild currently carries a Zacks Rank #2 (Buy). This Daytona Beach, FL-based company is an installer and distributor of insulation and other building products to the U.S. construction industry. The company has been benefitting from increased sales volume, a solid contribution from acquisitions and pricing at both businesses and defying the labor and material-constrained market.
TopBuild delivered an earnings surprise of 8.7%, on average, in three of the trailing four. The Zacks Consensus Estimate for 2022 earnings reflects 37.6% year-over-year growth.
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Masco's (MAS) Kichler Unveils Lifestyle-Inspired Ceiling Fans
Kichler Lighting LLC, an industry-leading brand of Masco Corporation (MAS - Free Report) , introduced a new collection to its ceiling fan line. This sophisticated, lifestyle-inspired collection includes nine new families and 33 SKUs.
Scott Williams, product manager, Kichler ceiling fans, stated, "Our new lines give homeowners and designers the character-defining elements they want, along with the performance they need. From cottagecore to modern industrial, Kichler's ceiling fans go far beyond functional to deliver trend-forward designs that transform indoor and outdoor living areas."
Shares of the company inched up 0.7% on Jul 13.
Masco’s Decorative Architectural Products segment offers decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting and LED lighting systems through the KICHLER and ÉLAN brands and other trademarks.
Since 1938, Kichler has been focusing on strengthening and growing relationships with its customers and their friends and family. Its high-quality products have the only class 4 lab in the U.S. — ensuring verified specifications and safety for every fixture the company delivers.
In first-quarter 2022, the segment reported sales of $842 million, up 17% from the prior-year period’s number. Adjusted EBITDA rose 9.2% from the prior-year period’s reading.
Image Source: Zacks Investment Research
Shares of Masco have gained 7.7% against the Zacks Building Products – Miscellaneous industry’s 10.8% in the past three months. Earnings estimates for 2022 reflects 14.9% year-over-year growth.
Zacks Rank
Currently, MAS has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some Better-Ranked Stocks in the Broader Construction Sector
Arcosa, Inc. (ACA - Free Report) : This Dallas, TX-based company provides infrastructure-related products and solutions. The company is focused on its long-term vision to lower the complexity of Arcosa’s overall portfolio and shift its business mix toward less cyclical, higher-margin growth opportunities that leverage core strengths and drive long-term shareholder value creation.
Recently, it signed a deal to sell its storage tanks business and will invest the proceeds into its key growth businesses. Also, ACA’s inorganic drive to expand its portfolio, improved efficiencies in utility structures business and solid execution in cyclical businesses, should drive growth.
Arcosa, a Zacks Rank #1 stock, has seen an upward estimate revision for 2022 earnings over the past 60 days to $1.83 per share from $1.79.
Quanex Building Products Corp. (NX - Free Report) : This Houston, TX-based company provides components for the fenestration industry worldwide. Despite ongoing challenges related to inflation and the supply chain, NX registered higher demand for its products during the second quarter of fiscal 2022 and started to see the benefit of its pass-through pricing strategy, which drove revenue growth and improved profitability.
The company expects further margin expansion in the second half of fiscal 2022 despite inflationary pressure. It is focused on generating cash, paying down debt and opportunistically repurchasing stock.
Quanex has seen a 21.8% upward estimate revision for fiscal 2022 earnings over the past 30 days. This Zacks Rank #1 company’s earnings for fiscal 2022 are expected to rise 34.3% from fiscal 2021.
TopBuild Corp. (BLD - Free Report) : TopBuild currently carries a Zacks Rank #2 (Buy). This Daytona Beach, FL-based company is an installer and distributor of insulation and other building products to the U.S. construction industry. The company has been benefitting from increased sales volume, a solid contribution from acquisitions and pricing at both businesses and defying the labor and material-constrained market.
TopBuild delivered an earnings surprise of 8.7%, on average, in three of the trailing four. The Zacks Consensus Estimate for 2022 earnings reflects 37.6% year-over-year growth.