News coverage about Masonite International (NYSE:DOOR) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Masonite International earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.8458786851161 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research firms have issued reports on DOOR. B. Riley lifted their price target on Masonite International from $83.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, February 26th. Zacks Investment Research downgraded Masonite International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Royal Bank of Canada reissued an “outperform” rating and issued a $82.00 price target on shares of Masonite International in a research note on Friday, February 23rd. TheStreet upgraded Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. Finally, Stifel Nicolaus decreased their price objective on Masonite International from $69.00 to $68.00 and set a “hold” rating for the company in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $77.90.
DOOR stock opened at $61.35 on Wednesday. The firm has a market capitalization of $1,745.87, a PE ratio of 11.94 and a beta of 1.27. The company has a quick ratio of 2.20, a current ratio of 3.25 and a debt-to-equity ratio of 0.85. Masonite International has a 1-year low of $50.40 and a 1-year high of $85.30.
Masonite International (NYSE:DOOR) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.71 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by ($0.13). The company had revenue of $508.50 million during the quarter, compared to the consensus estimate of $512.46 million. Masonite International had a net margin of 7.46% and a return on equity of 14.53%. Masonite International’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 EPS. sell-side analysts expect that Masonite International will post 3.91 earnings per share for the current fiscal year.
In related news, insider Robert Edgar Lewis sold 3,000 shares of Masonite International stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $65.75, for a total transaction of $197,250.00. Following the completion of the transaction, the insider now owns 16,372 shares in the company, valued at $1,076,459. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.19% of the company’s stock.
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About Masonite International
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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