Masonite International (NYSE:DOOR – Get 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:DOOR – Get 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
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
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.
- Get a free copy of the StockNews.com research report on Masonite International (DOOR)
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