Masonite International (NYSE:DOOR) Earns Hold Rating from Analysts at StockNews.com

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

A number of other research analysts have also recently weighed in on DOOR. Deutsche Bank Aktiengesellschaft restated a hold rating and issued a $133.00 price target (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Wedbush restated a neutral rating and issued a $133.00 price target on shares of Masonite International in a research report on Tuesday, February 20th. Stifel Nicolaus restated a hold rating and issued a $133.00 price target (up previously from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. TheStreet cut Masonite International from a b rating to a c+ rating in a research report on Tuesday, February 20th. Finally, Oppenheimer began coverage on Masonite International in a research report on Friday, January 19th. They set an outperform rating and a $115.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Hold and an average target price of $116.89.

Masonite International Trading Down 0.1 %

NYSE:DOOR opened at $131.61 on Wednesday. The stock has a fifty day moving average price of $130.86 and a two-hundred day moving average price of $104.29. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 6.95 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. Masonite International has a 1 year low of $76.87 and a 1 year high of $131.94.

Masonite International (NYSE:DOOR) last released its quarterly earnings data on Tuesday, February 20th. The company reported $1.31 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $659.87 million. During the same quarter in the previous year, the company posted $1.72 EPS. As a group, sell-side analysts anticipate that Masonite International will post 9.48 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP James C. Pelletier sold 262 shares of Masonite International stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total value of $34,075.72. Following the transaction, the senior vice president now directly owns 12,739 shares of the company’s stock, valued at approximately $1,656,834.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, SVP James C. Pelletier sold 262 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was 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 of the company’s stock, valued at approximately $1,656,834.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Christopher O. Ball sold 396 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now directly 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 valued at $213,329 in the last three months. Corporate insiders own 1.21% of the company’s stock.

Institutional Investors Weigh In On Masonite International

Several hedge funds and other institutional investors have recently bought and sold shares of DOOR. NBC Securities Inc. purchased a new stake in Masonite International during the 3rd quarter worth approximately $25,000. Ronald Blue Trust Inc. increased its holdings in 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 during the last quarter. Signaturefd LLC increased its holdings in 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 during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Masonite International during the 1st quarter worth approximately $32,000. Finally, Daiwa Securities Group Inc. purchased a new stake in Masonite International during the 4th quarter worth approximately $34,000. 97.07% of the stock is currently owned by hedge funds and other institutional investors.

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.