Masonite International (NYSE:DOOR) has been given an average rating of “Hold” by the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $77.00.
A number of equities analysts have recently weighed in on DOOR shares. Zacks Investment Research lowered Masonite International from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $82.00 target price on shares of Masonite International in a research report on Friday, February 23rd. B. Riley upped their target price on Masonite International from $83.00 to $88.00 and gave the stock a “buy” rating in a research report on Monday, February 26th. TheStreet lowered Masonite International from a “b-” rating to a “c+” rating in a research report on Tuesday, April 3rd. Finally, Stifel Nicolaus lowered their target price on Masonite International from $69.00 to $68.00 and set a “hold” rating on the stock in a research report on Friday, February 23rd.
In related news, insider Robert Edgar Lewis sold 3,000 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $65.75, for a total value of $197,250.00. Following the completion of the sale, the insider now directly owns 16,372 shares of the company’s stock, valued at approximately $1,076,459. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.38% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOOR. First Republic Investment Management Inc. purchased a new stake in Masonite International in the 3rd quarter valued at $225,000. Xact Kapitalforvaltning AB purchased a new stake in shares of Masonite International during the 4th quarter valued at $233,000. ARP Americas LP purchased a new stake in shares of Masonite International during the 4th quarter valued at $260,000. Jane Street Group LLC purchased a new stake in shares of Masonite International during the 3rd quarter valued at $299,000. Finally, HBK Investments L P purchased a new stake in shares of Masonite International during the 4th quarter valued at $306,000. 99.19% of the stock is owned by institutional investors and hedge funds.
Shares of Masonite International stock traded down $0.05 on Thursday, reaching $63.80. 242,489 shares of the company’s stock were exchanged, compared to its average volume of 232,216. The stock has a market capitalization of $1,707.92, a price-to-earnings ratio of 19.17 and a beta of 1.23. Masonite International has a 52 week low of $50.40 and a 52 week high of $85.30. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.20 and a current ratio of 3.25.
Masonite International (NYSE:DOOR) last issued its earnings results on Wednesday, February 21st. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.13). Masonite International had a return on equity of 14.53% and a net margin of 7.46%. The firm had revenue of $508.50 million for the quarter, compared to analyst estimates of $512.46 million. During the same period in the previous year, the company earned $0.55 earnings per share. Masonite International’s revenue for the quarter was up 5.7% compared to the same quarter last year. equities research analysts forecast that Masonite International will post 3.91 EPS for the current year.
Masonite International Company Profile
Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.
Receive News & Ratings for Masonite International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International and related companies with MarketBeat.com's FREE daily email newsletter.