Wall Street analysts expect that Masonite International Corp (NYSE:DOOR) will report sales of $511.64 million for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Masonite International’s earnings, with the lowest sales estimate coming in at $504.10 million and the highest estimate coming in at $521.06 million. Masonite International posted sales of $481.03 million in the same quarter last year, which would indicate a positive year over year growth rate of 6.4%. The company is expected to announce its next quarterly earnings report after the market closes on Wednesday, February 21st.

On average, analysts expect that Masonite International will report full year sales of $511.64 million for the current fiscal year, with estimates ranging from $2.03 billion to $2.05 billion. For the next year, analysts anticipate that the company will post sales of $2.14 billion per share, with estimates ranging from $2.11 billion to $2.17 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Masonite International.

Masonite International (NYSE:DOOR) last released its quarterly earnings data on Tuesday, November 7th. The company reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.08. Masonite International had a return on equity of 14.38% and a net margin of 4.75%. The business had revenue of $517.50 million for the quarter, compared to analyst estimates of $509.04 million. During the same quarter in the prior year, the firm posted $0.89 EPS. The business’s quarterly revenue was up 5.7% compared to the same quarter last year.

Several equities research analysts have commented on the company. Zacks Investment Research lowered Masonite International from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. TheStreet upgraded Masonite International from a “c+” rating to a “b” rating in a research report on Friday, November 24th. B. Riley increased their target price on Masonite International from $72.00 to $82.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $74.00 target price (up previously from $72.00) on shares of Masonite International in a research report on Thursday, November 9th. Finally, BidaskClub lowered Masonite International from a “sell” rating to a “strong sell” rating in a research report on Friday, October 13th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Masonite International currently has an average rating of “Hold” and a consensus target price of $76.60.

Shares of Masonite International (NYSE:DOOR) opened at $69.05 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 3.12 and a quick ratio of 2.05. Masonite International has a 52-week low of $50.40 and a 52-week high of $85.30. The company has a market capitalization of $2,031.42, a P/E ratio of 22.16 and a beta of 1.18.

In other Masonite International news, Director John C. Wills sold 1,015 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $72.70, for a total value of $73,790.50. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Edgar Lewis sold 1,400 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $70.52, for a total value of $98,728.00. Following the completion of the transaction, the insider now owns 22,518 shares in the company, valued at approximately $1,587,969.36. The disclosure for this sale can be found here. Insiders have sold a total of 4,015 shares of company stock worth $288,263 in the last quarter. Insiders own 2.19% of the company’s stock.

A number of hedge funds have recently made changes to their positions in DOOR. Public Employees Retirement System of Ohio lifted its holdings in Masonite International by 6.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,573 shares of the company’s stock valued at $119,000 after purchasing an additional 101 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Masonite International in the 3rd quarter valued at $221,000. First Republic Investment Management Inc. purchased a new position in Masonite International in the 3rd quarter valued at $225,000. California Public Employees Retirement System lifted its holdings in Masonite International by 14.3% in the 2nd quarter. California Public Employees Retirement System now owns 3,200 shares of the company’s stock valued at $242,000 after purchasing an additional 400 shares in the last quarter. Finally, Koch Industries Inc. purchased a new position in Masonite International in the 2nd quarter valued at $248,000.

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Masonite International 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.

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