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

Masonite International (NYSE:DOOR) will release its earnings data after the market closes on Monday, May 6th. Analysts expect Masonite International to post earnings of $2.01 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Masonite International (NYSE:DOOR) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $659.87 million. During the same period in the previous year, the company posted $1.72 EPS. 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 Down 0.0 %

NYSE:DOOR opened at $132.68 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.42 and a quick ratio of 1.42. The firm has a market cap of $2.92 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 6.99 and a beta of 1.63. The company has a 50-day moving average of $131.08 and a 200 day moving average of $105.59. Masonite International has a 1-year low of $76.87 and a 1-year high of $132.85.

Insider Activity at Masonite International

In other Masonite International news, insider Robert Paxton sold 721 shares of the business’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 completion of the sale, the insider now directly owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, SVP James C. Pelletier sold 262 shares of the business’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $34,075.72. Following the transaction, the senior vice president now directly owns 12,739 shares in the company, valued at $1,656,834.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $93,693.95. Following the sale, the insider now directly owns 20,798 shares of the company’s stock, valued at approximately $2,702,700.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,641 shares of company stock valued at $213,329. 1.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DOOR has been the subject of a number of analyst reports. Stifel Nicolaus restated a “hold” rating and set a $133.00 target price (up previously from $119.00) on shares of Masonite International in a report on Wednesday, February 21st. Royal Bank of Canada raised their price objective on Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $133.00 target price (up from $115.00) on shares of Masonite International in a report on Monday, February 12th. 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 target price for the company. Finally, StockNews.com started coverage on Masonite International in a report on Thursday. They issued a “hold” rating for the company. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.89.

Masonite International Company Profile

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.