Masonite International (DOOR) Scheduled to Post Quarterly Earnings on Monday

Masonite International (NYSE:DOORGet Rating) will be announcing its earnings results after the market closes on Monday, August 8th. Analysts expect the company to announce earnings of $2.43 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Masonite International (NYSE:DOORGet Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $2.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.94. The business had revenue of $726.00 million during the quarter, compared to analysts’ expectations of $690.03 million. Masonite International had a return on equity of 31.23% and a net margin of 4.30%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.93 earnings per share. On average, analysts expect Masonite International to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Masonite International Stock Down 0.3 %

Shares of NYSE:DOOR opened at $91.03 on Monday. The stock has a fifty day simple moving average of $83.80 and a two-hundred day simple moving average of $88.30. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 19.04 and a beta of 1.70. Masonite International has a 12-month low of $69.41 and a 12-month high of $128.87. The company has a current ratio of 2.85, a quick ratio of 1.76 and a debt-to-equity ratio of 1.38.

Institutional Trading of Masonite International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Masonite International by 23.1% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company’s stock worth $53,994,000 after purchasing an additional 113,896 shares in the last quarter. State Street Corp grew its holdings in shares of Masonite International by 2.4% in the first quarter. State Street Corp now owns 476,712 shares of the company’s stock worth $42,399,000 after acquiring an additional 11,165 shares during the period. Sunriver Management LLC grew its holdings in shares of Masonite International by 6.3% in the first quarter. Sunriver Management LLC now owns 274,039 shares of the company’s stock worth $24,373,000 after acquiring an additional 16,306 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Masonite International by 234.9% in the first quarter. Goldman Sachs Group Inc. now owns 75,443 shares of the company’s stock worth $6,709,000 after acquiring an additional 52,919 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Masonite International by 2.1% in the first quarter. Sei Investments Co. now owns 39,302 shares of the company’s stock worth $3,520,000 after acquiring an additional 808 shares during the period.

Analysts Set New Price Targets

DOOR has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on Masonite International from $110.00 to $93.00 in a research note on Friday, July 15th. Robert W. Baird lifted their price objective on Masonite International from $105.00 to $108.00 and gave the company an “outperform” rating in a research note on Wednesday, June 29th. Finally, StockNews.com raised Masonite International from a “hold” rating to a “buy” rating in a report on Wednesday, May 4th. Four research analysts have rated the stock with a buy rating, According to data from MarketBeat, Masonite International has an average rating of “Buy” and an average target price of $118.25.

Masonite International Company Profile

(Get Rating)

Masonite International Corporation designs, manufactures, markets, 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. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors.

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Earnings History for Masonite International (NYSE:DOOR)

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