Shares of Masonite International Corp (NYSE:DOOR) have earned a consensus recommendation of “Hold” from the twelve research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $71.00.

DOOR has been the subject of several recent analyst reports. Royal Bank of Canada downgraded Masonite International from an “outperform” rating to a “sector perform” rating and set a $62.00 price target for the company. in a research note on Wednesday, November 6th. TheStreet upgraded shares of Masonite International from a “c+” rating to a “b-” rating in a research report on Friday, September 27th. Zacks Investment Research upgraded shares of Masonite International from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. ValuEngine downgraded shares of Masonite International from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Stifel Nicolaus upgraded shares of Masonite International from a “hold” rating to a “buy” rating and upped their target price for the stock from $50.00 to $80.00 in a research report on Wednesday, November 6th.

Shares of Masonite International stock traded up $0.39 during trading hours on Tuesday, hitting $72.83. The company’s stock had a trading volume of 144,356 shares, compared to its average volume of 142,534. The business has a 50 day moving average price of $65.35 and a two-hundred day moving average price of $55.94. Masonite International has a 12-month low of $43.76 and a 12-month high of $74.46. The company has a market cap of $1.79 billion, a PE ratio of 19.79 and a beta of 1.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.72 and a current ratio of 2.65.

Masonite International (NYSE:DOOR) last released its earnings results on Monday, November 4th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.12. The firm had revenue of $552.19 million during the quarter, compared to analysts’ expectations of $557.92 million. Masonite International had a return on equity of 15.29% and a net margin of 2.55%. The firm’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the business posted $1.03 earnings per share. As a group, research analysts anticipate that Masonite International will post 3.54 earnings per share for the current year.

In other Masonite International news, insider Robert Edgar Lewis sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $64.10, for a total transaction of $96,150.00. Following the completion of the transaction, the insider now owns 26,881 shares in the company, valued at approximately $1,723,072.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.43% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in DOOR. Atria Investments LLC bought a new position in Masonite International during the second quarter valued at $1,207,000. Morgan Stanley increased its stake in Masonite International by 13.2% during the second quarter. Morgan Stanley now owns 77,871 shares of the company’s stock worth $4,103,000 after acquiring an additional 9,087 shares during the last quarter. Dupont Capital Management Corp increased its stake in Masonite International by 10.1% during the second quarter. Dupont Capital Management Corp now owns 51,088 shares of the company’s stock worth $2,691,000 after acquiring an additional 4,690 shares during the last quarter. First Mercantile Trust Co. raised its position in Masonite International by 139.2% during the third quarter. First Mercantile Trust Co. now owns 3,229 shares of the company’s stock valued at $187,000 after purchasing an additional 1,879 shares during the period. Finally, Systematic Financial Management LP raised its position in Masonite International by 14.8% during the third quarter. Systematic Financial Management LP now owns 135,988 shares of the company’s stock valued at $7,887,000 after purchasing an additional 17,563 shares during the period. Institutional investors own 97.00% of the company’s stock.

Masonite International Company Profile

Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.

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Analyst Recommendations for Masonite International (NYSE:DOOR)

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