Somewhat Positive Media Coverage Somewhat Unlikely to Affect Masonite International (DOOR) Share Price
News coverage about Masonite International (NYSE:DOOR) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Masonite International earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8124426886008 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Masonite International (NYSE:DOOR) opened at $71.95 on Thursday. Masonite International has a 52-week low of $50.40 and a 52-week high of $85.30. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.05 and a current ratio of 3.12. The firm has a market cap of $2,050.00, a P/E ratio of 22.63 and a beta of 1.38.
Masonite International (NYSE:DOOR) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.92 by $0.08. Masonite International had a net margin of 4.75% and a return on equity of 14.38%. The business had revenue of $517.50 million for the quarter, compared to analysts’ expectations of $509.04 million. During the same period in the previous year, the company posted $0.89 EPS. Masonite International’s revenue was up 5.7% on a year-over-year basis. equities analysts anticipate that Masonite International will post 3.48 earnings per share for the current year.
Several brokerages recently commented on DOOR. Zacks Investment Research cut Masonite International from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. TheStreet raised Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. B. Riley boosted their target price on Masonite International from $72.00 to $82.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Wedbush cut Masonite International from an “outperform” rating to a “neutral” rating and set a $70.00 target price on the stock. in a report on Tuesday, October 3rd. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $74.00 price target (up previously from $72.00) on shares of Masonite International in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $76.60.
In other news, Director John C. Wills sold 1,015 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $72.70, for a total transaction of $73,790.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider James A. Hair sold 1,600 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $72.34, for a total transaction of $115,744.00. Following the completion of the sale, the insider now directly owns 4,172 shares in the company, valued at approximately $301,802.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,015 shares of company stock valued at $288,263. 2.19% of the stock is owned by company insiders.
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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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