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

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

DOOR has been the topic of several other reports. TheStreet cut shares of Masonite International from a b rating to a c+ rating in a research report on Tuesday, February 20th. Stifel Nicolaus restated a hold rating and set a $133.00 price objective (up previously from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Royal Bank of Canada upped their target price on shares of Masonite International from $87.00 to $133.00 and gave the stock a sector perform rating in a research report on Wednesday, February 21st. Oppenheimer initiated coverage on Masonite International in a research report on Friday, January 19th. They set an outperform rating and a $115.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a $133.00 price objective (up from $115.00) on shares of Masonite International in a report on Monday, February 12th. 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 stock has a consensus rating of Hold and an average target price of $116.89.

Masonite International Stock Performance

NYSE DOOR opened at $132.70 on Thursday. The company’s 50 day simple moving average is $131.14 and its two-hundred day simple moving average is $106.05. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.42 and a quick ratio of 1.42. Masonite International has a 1 year low of $76.87 and a 1 year high of $132.85. The stock has a market capitalization of $2.92 billion, a PE ratio of 25.18, a P/E/G ratio of 7.00 and a beta of 1.63.

Masonite International (NYSE:DOOR) last issued its quarterly earnings data 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 business had revenue of $660.58 million during the quarter, compared to analysts’ expectations of $659.87 million. During the same quarter last year, the business posted $1.72 EPS. Analysts predict that Masonite International will post 10 earnings per share for the current fiscal year.

Insider Activity

In other Masonite International news, insider Christopher O. Ball sold 396 shares of Masonite International 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 of the company’s stock, valued at approximately $1,724,985.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Masonite International news, insider Christopher O. Ball sold 396 shares of the firm’s stock in a transaction 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 sale, the insider now owns 13,263 shares of the company’s stock, valued at approximately $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 business’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 completion of 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. In the last quarter, insiders sold 1,641 shares of company stock valued at $213,329. Insiders own 1.21% of the company’s stock.

Institutional Investors Weigh In On Masonite International

Several institutional investors and hedge funds have recently bought and sold shares of the business. NBC Securities Inc. purchased a new stake in Masonite International in the third quarter worth $25,000. Signaturefd LLC raised its holdings in Masonite International by 134.6% in the 4th 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. Allspring Global Investments Holdings LLC bought a new stake in shares of Masonite International during the 1st quarter valued at about $32,000. Daiwa Securities Group Inc. bought a new stake in shares of Masonite International during the 4th quarter valued at about $34,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Masonite International by 39.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock valued at $45,000 after buying an additional 151 shares during the period. Hedge funds and other institutional investors own 97.07% of the company’s stock.

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.