Analysts Set Masonite International Co. (NYSE:DOOR) PT at $116.89

Shares of Masonite International Co. (NYSE:DOORGet Free Report) have received an average recommendation of “Hold” from the nine brokerages that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $116.89.

A number of analysts recently commented on the stock. Robert W. Baird cut shares of Masonite International from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $106.00 to $92.00 in a research note on Tuesday, December 19th. Wedbush reiterated a “neutral” rating and issued a $133.00 target price on shares of Masonite International in a research note on Tuesday, February 20th. TheStreet cut shares of Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Oppenheimer initiated coverage on shares of Masonite International in a research report on Friday, January 19th. They set an “outperform” rating and a $115.00 price target for the company. Finally, StockNews.com initiated coverage on shares of Masonite International in a research report on Friday. They set a “hold” rating for the company.

View Our Latest Report on Masonite International

Masonite International Stock Down 0.2 %

NYSE:DOOR opened at $130.70 on Thursday. Masonite International has a fifty-two week low of $76.87 and a fifty-two week high of $131.17. The stock has a market capitalization of $2.87 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.47 and a beta of 1.64. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.42 and a current ratio of 2.42. The company’s 50-day simple moving average is $111.37 and its 200-day simple moving average is $96.76.

Masonite International (NYSE:DOORGet Free Report) last released its quarterly earnings results on Tuesday, February 20th. The company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.05). Masonite International had a net margin of 4.18% and a return on equity of 20.17%. The firm had revenue of $660.58 million during the quarter, compared to the consensus estimate of $659.87 million. During the same quarter in the prior year, the business posted $1.72 earnings per share. On average, equities analysts anticipate that Masonite International will post 9.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Masonite International news, insider Robert Paxton sold 721 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the transaction, the insider now owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $51,503.76. Following the sale, the insider now directly owns 13,263 shares in the company, valued at $1,724,985.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Paxton sold 721 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total transaction of $93,693.95. Following the sale, the insider now owns 20,798 shares in the company, valued at $2,702,700.10. The disclosure for this sale can be found here. Insiders have sold a total of 1,641 shares of company stock valued at $213,329 in the last 90 days. 1.21% of the stock is owned by insiders.

Hedge Funds Weigh In On Masonite International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DOOR. NBC Securities Inc. acquired a new stake in shares of Masonite International during the third quarter worth $25,000. Ronald Blue Trust Inc. boosted its position in shares of Masonite International by 352.5% during the 3rd quarter. Ronald Blue Trust Inc. now owns 267 shares of the company’s stock worth $27,000 after purchasing an additional 208 shares in the last quarter. Signaturefd LLC boosted its position in shares of Masonite International by 134.6% during the 4th quarter. Signaturefd LLC now owns 359 shares of the company’s stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Ensign Peak Advisors Inc purchased a new stake in shares of Masonite International during the 3rd quarter worth $32,000. Finally, Daiwa Securities Group Inc. purchased a new stake in shares of Masonite International during the 4th quarter worth $34,000.

Masonite International Company Profile

(Get Free Report

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors and door solutions for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers interior doors of wood and related materials, including wood composite molded and flat door facings; exterior doors of steel, fiberglass, or composite materials; and molded panel, flush, stile and rail, steel, and fiberglass residential doors; and architectural doors, as well as Z-articulating cap sill, ADAptive, and ultimate astragals,trilennium, simple solution corner pads, and panolock products.

Recommended Stories

Analyst Recommendations for Masonite International (NYSE:DOOR)

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.