Masonite International (NYSE:DOOR) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Masonite International (NYSE:DOORFree Report) in a report released on Friday morning. The firm issued a hold rating on the stock.

Several other equities research analysts have also recently issued reports on DOOR. Stifel Nicolaus reaffirmed a hold rating and issued a $133.00 target price (up from $119.00) on shares of Masonite International in a report on Wednesday, February 21st. Royal Bank of Canada raised their target price on shares of Masonite International from $87.00 to $133.00 and gave the company a sector perform rating in a report on Wednesday, February 21st. Wedbush reaffirmed a neutral rating and set a $133.00 price target 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 report on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft reissued 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. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Hold and an average target price of $116.89.

Check Out Our Latest Analysis on Masonite International

Masonite International Stock Down 0.2 %

NYSE DOOR opened at $130.70 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.22. Masonite International has a 12 month low of $76.87 and a 12 month high of $131.17. The stock’s 50 day moving average is $111.37 and its 200 day moving average is $96.80. The stock has a market cap of $2.87 billion, a PE ratio of 24.80, a P/E/G ratio of 2.47 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 analysts’ consensus estimates of $1.36 by ($0.05). The company had revenue of $660.58 million for the quarter, compared to the consensus estimate of $659.87 million. Masonite International had a return on equity of 20.17% and a net margin of 4.18%. During the same quarter in the prior year, the company posted $1.72 EPS. Research analysts predict that Masonite International will post 9.08 EPS for the current fiscal year.

Insider Buying and Selling at Masonite International

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

Institutional Trading of Masonite International

Hedge funds have recently added to or reduced their stakes in the business. Ronald Blue Trust Inc. lifted its holdings in Masonite International by 352.5% during the third quarter. Ronald Blue Trust Inc. now owns 267 shares of the company’s stock worth $27,000 after buying an additional 208 shares during the period. NBC Securities Inc. purchased a new position in Masonite International in the third quarter valued at about $25,000. Signaturefd LLC raised its holdings in Masonite International by 134.6% in the fourth 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. Daiwa Securities Group Inc. purchased a new stake in shares of Masonite International during the fourth quarter valued at about $34,000. Finally, Ensign Peak Advisors Inc purchased a new position in shares of Masonite International in the 3rd quarter worth approximately $32,000.

About Masonite International

(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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