News headlines about Masonite International (NYSE:DOOR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Masonite International earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.3853268861181 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Masonite International (DOOR) opened at $70.60 on Friday. Masonite International has a 12 month low of $50.40 and a 12 month high of $85.30. The company has a market capitalization of $1,988.71, a price-to-earnings ratio of 21.69 and a beta of 1.33. The company has a quick ratio of 2.05, a current ratio of 3.12 and a debt-to-equity ratio of 0.93.
Masonite International (NYSE:DOOR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.08. Masonite International had a return on equity of 14.38% and a net margin of 4.75%. The company had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $509.04 million. During the same period in the prior year, the company earned $0.89 EPS. Masonite International’s revenue was up 5.7% compared to the same quarter last year. sell-side analysts predict that Masonite International will post 3.48 earnings per share for the current fiscal year.
A number of equities research analysts have weighed in on the company. B. Riley reaffirmed a “buy” rating on shares of Masonite International in a report on Wednesday, November 1st. TheStreet raised Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. Northcoast Research downgraded Masonite International from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a report on Monday, September 18th. They noted that the move was a valuation call. Wedbush downgraded Masonite International from an “outperform” rating to a “neutral” rating and set a $70.00 target price on the stock. in a report on Tuesday, October 3rd. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $70.00 target price on shares of Masonite International in a report on Sunday, September 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $76.73.
In related news, insider James A. Hair sold 1,600 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $72.34, for a total transaction of $115,744.00. Following the completion of the transaction, the insider now directly owns 4,172 shares of the company’s stock, valued at approximately $301,802.48. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert Edgar Lewis sold 1,400 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $70.52, for a total value of $98,728.00. Following the transaction, the insider now directly owns 22,518 shares of the company’s stock, valued at $1,587,969.36. The disclosure for this sale can be found here. Insiders sold a total of 4,015 shares of company stock valued at $288,263 over the last quarter. 2.19% of the stock is owned by corporate insiders.
Masonite International Company Profile
Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.
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