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

Masonite International (NYSE:DOOR) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $2.01 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Masonite International (NYSE:DOOR) last announced 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 business had revenue of $660.58 million for the quarter, compared to analysts’ expectations of $659.87 million. During the same quarter last year, the firm earned $1.72 earnings per share. On average, analysts expect Masonite International to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Masonite International Stock Performance

Masonite International stock opened at $132.70 on Friday. 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 $2.92 billion, a PE ratio of 25.18, a price-to-earnings-growth ratio of 7.00 and a beta of 1.63. The stock has a 50-day moving average of $131.14 and a two-hundred day moving average of $106.05. Masonite International has a one year low of $76.87 and a one year high of $132.85.

Insider Transactions at Masonite International

In other Masonite International news, 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 value of $93,693.95. Following the sale, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 completion of the transaction, the insider now owns 20,798 shares in the company, valued at $2,702,700.10. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Christopher O. Ball sold 396 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $51,503.76. Following the sale, the insider now owns 13,263 shares in the company, valued at $1,724,985.78. The disclosure for this sale can be found here. Insiders have sold 1,641 shares of company stock worth $213,329 over the last quarter. 1.21% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DOOR shares. Stifel Nicolaus reaffirmed a “hold” rating and issued a $133.00 price objective (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $133.00 price objective (up from $115.00) on shares of Masonite International in a research note on Monday, February 12th. Oppenheimer assumed coverage on Masonite International in a research report on Friday, January 19th. They issued an “outperform” rating and a $115.00 target price on the stock. 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 report on Wednesday, February 21st. Finally, StockNews.com began coverage on Masonite International in a report on Thursday. They issued a “hold” rating on the stock. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $116.89.

About Masonite International

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.