Masonite International Corp. (NYSE:DOOR) has received an average rating of “Buy” from the ten analysts that are covering the company. One investment analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $79.80.

DOOR has been the subject of several research analyst reports. FBR & Co initiated coverage on shares of Masonite International Corp. in a report on Wednesday, June 1st. They issued a “buy” rating for the company. Robert W. Baird reiterated a “buy” rating on shares of Masonite International Corp. in a research note on Wednesday, June 22nd. Zacks Investment Research upgraded shares of Masonite International Corp. from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research note on Tuesday, June 28th. Wedbush reiterated an “outperform” rating and set a $72.00 price target (down previously from $74.00) on shares of Masonite International Corp. in a research note on Wednesday, June 29th. Finally, Imperial Capital decreased their price target on shares of Masonite International Corp. from $82.50 to $80.00 and set an “outperform” rating for the company in a research note on Wednesday, July 6th.

Shares of Masonite International Corp. (NYSE:DOOR) opened at 63.33 on Tuesday. The stock has a market cap of $1.94 billion, a PE ratio of 90.09 and a beta of 1.03. Masonite International Corp. has a 1-year low of $45.14 and a 1-year high of $72.75. The stock’s 50 day moving average is $68.10 and its 200-day moving average is $67.14.

Masonite International Corp. (NYSE:DOOR) last issued its earnings results on Wednesday, August 10th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.14. Masonite International Corp. had a net margin of 1.10% and a return on equity of 12.97%. The business earned $514 million during the quarter, compared to analysts’ expectations of $512.96 million. During the same quarter in the prior year, the business posted $0.42 EPS. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that Masonite International Corp. will post $2.99 EPS for the current fiscal year.

In other news, insider Robert Edgar Lewis sold 1,500 shares of the firm’s stock in a transaction on Tuesday, August 16th. The shares were sold at an average price of $67.67, for a total value of $101,505.00. Following the completion of the sale, the insider now owns 24,140 shares in the company, valued at approximately $1,633,553.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.42% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the company. ProShare Advisors LLC increased its position in shares of Masonite International Corp. by 0.3% in the second quarter. ProShare Advisors LLC now owns 3,833 shares of the company’s stock worth $254,000 after buying an additional 13 shares in the last quarter. Amalgamated Bank increased its position in shares of Masonite International Corp. by 1.0% in the second quarter. Amalgamated Bank now owns 3,209 shares of the company’s stock worth $216,000 after buying an additional 31 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Masonite International Corp. by 3.2% in the second quarter. Public Employees Retirement System of Ohio now owns 1,536 shares of the company’s stock worth $102,000 after buying an additional 47 shares in the last quarter. Independent Portfolio Consultants Inc. increased its position in shares of Masonite International Corp. by 4.9% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,905 shares of the company’s stock worth $192,000 after buying an additional 135 shares in the last quarter. Finally, Credit Agricole S A increased its position in shares of Masonite International Corp. by 0.7% in the first quarter. Credit Agricole S A now owns 44,246 shares of the company’s stock worth $2,898,000 after buying an additional 300 shares in the last quarter. Institutional investors own 99.93% of the company’s stock.

Masonite International Corp. Company Profile

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

5 Day Chart for NYSE:DOOR

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