Masonite International Co. (NYSE:DOOR) Given Average Recommendation of “Buy” by Brokerages

Shares of Masonite International Co. (NYSE:DOORGet Rating) have been assigned an average recommendation of “Buy” from the nine analysts that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $101.86.

A number of equities analysts have recently commented on DOOR shares. TheStreet cut Masonite International from a “b” rating to a “c+” rating in a report on Wednesday, September 14th. StockNews.com lowered Masonite International from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 20th. Royal Bank of Canada decreased their price target on Masonite International from $99.00 to $91.00 and set an “outperform” rating for the company in a research note on Wednesday, November 9th. Stephens decreased their price target on Masonite International from $110.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, November 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Masonite International from $99.00 to $90.00 in a research note on Thursday, November 10th.

Institutional Investors Weigh In On Masonite International

Institutional investors and hedge funds have recently bought and sold shares of the company. Spire Wealth Management raised its position in shares of Masonite International by 51.6% in the 2nd quarter. Spire Wealth Management now owns 385 shares of the company’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Ensign Peak Advisors Inc bought a new position in shares of Masonite International in the 3rd quarter worth $32,000. Federated Hermes Inc. raised its position in shares of Masonite International by 55.0% in the 3rd quarter. Federated Hermes Inc. now owns 513 shares of the company’s stock worth $37,000 after acquiring an additional 182 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in Masonite International during the 1st quarter worth $46,000. Finally, Covestor Ltd purchased a new position in Masonite International during the 1st quarter worth $55,000.

Masonite International Price Performance

Shares of Masonite International stock opened at $73.88 on Friday. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 10.63 and a beta of 1.65. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.92 and a current ratio of 3.08. The stock has a 50 day moving average price of $72.01 and a 200-day moving average price of $80.30. Masonite International has a one year low of $65.71 and a one year high of $119.32.

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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Analyst Recommendations for Masonite International (NYSE:DOOR)

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