Masonite International (NYSE:DOOR) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Masonite International (NYSE:DOORFree Report) in a research report report published on Sunday morning. The brokerage issued a hold rating on the stock.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada lifted their price target on Masonite International from $87.00 to $133.00 and gave the stock a sector perform rating in a research note on Wednesday, February 21st. Robert W. Baird downgraded Masonite International from an outperform rating to a neutral rating and decreased their price target for the stock from $106.00 to $92.00 in a research note on Tuesday, December 19th. Wedbush restated a neutral rating and issued a $133.00 target price on shares of Masonite International in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft restated a hold rating and issued a $133.00 target price (up from $115.00) on shares of Masonite International in a research note on Monday, February 12th. Finally, Stifel Nicolaus restated a hold rating and issued a $133.00 target price (up from $119.00) on shares of Masonite International in a research note on Wednesday, February 21st. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Masonite International currently has an average rating of Hold and an average price target of $116.89.

View Our Latest Stock Analysis on DOOR

Masonite International Price Performance

Shares of NYSE:DOOR opened at $131.45 on Friday. Masonite International has a one year low of $76.87 and a one year high of $131.93. The business’s fifty day moving average price is $119.94 and its two-hundred day moving average price is $98.96. 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 stock has a market cap of $2.89 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 2.48 and a beta of 1.64.

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

Insiders Place Their Bets

In other news, insider Robert Paxton sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total transaction of $93,693.95. Following the completion of the sale, the insider now owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Masonite International news, insider Christopher O. Ball sold 396 shares of the firm’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 value of $51,503.76. Following the transaction, the insider now directly owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert Paxton sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total transaction of $93,693.95. Following the completion of the transaction, the insider now directly owns 20,798 shares in the company, valued at $2,702,700.10. The disclosure for this sale can be found here. Insiders sold a total of 1,641 shares of company stock worth $213,329 over the last quarter. Company insiders own 1.21% of the company’s stock.

Institutional Investors Weigh In On Masonite International

Several institutional investors have recently added to or reduced their stakes in DOOR. NBC Securities Inc. acquired a new stake in Masonite International in the 3rd quarter valued at $25,000. Ronald Blue Trust Inc. increased its stake in Masonite International by 352.5% in the 3rd quarter. Ronald Blue Trust Inc. now owns 267 shares of the company’s stock valued at $27,000 after buying an additional 208 shares during the last quarter. Signaturefd LLC increased its stake in Masonite International by 134.6% in the 4th quarter. Signaturefd LLC now owns 359 shares of the company’s stock valued at $30,000 after buying an additional 206 shares during the last quarter. Ensign Peak Advisors Inc acquired a new stake in Masonite International in the 3rd quarter valued at $32,000. Finally, Daiwa Securities Group Inc. acquired a new stake in Masonite International in the 4th quarter valued at $34,000. 97.07% of the stock is owned by institutional investors.

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.

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Analyst Recommendations for Masonite International (NYSE:DOOR)

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