Masonite International Co. (NYSE:DOOR) Receives $116.89 Average Price Target from Analysts

Masonite International Co. (NYSE:DOORGet Free Report) has received an average rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $116.89.

A number of equities research analysts have recently weighed in on DOOR shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $133.00 target price (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. TheStreet cut Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Oppenheimer started coverage on Masonite International in a research report on Friday, January 19th. They set an “outperform” rating and a $115.00 price target for the company. StockNews.com started coverage on Masonite International in a research report on Monday, April 8th. They set a “hold” rating for the company. Finally, Royal Bank of Canada raised their price objective on Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st.

View Our Latest Analysis on DOOR

Insider Buying and Selling at Masonite International

In related news, insider Robert Paxton sold 721 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total transaction of $93,693.95. Following the sale, the insider now owns 20,798 shares of the company’s stock, valued at approximately $2,702,700.10. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Masonite International news, insider Robert Paxton sold 721 shares of Masonite International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total transaction of $93,693.95. Following the transaction, the insider now directly owns 20,798 shares of the company’s stock, valued at approximately $2,702,700.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christopher O. Ball sold 396 shares of Masonite International stock in a transaction dated 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 in the company, valued at $1,724,985.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,641 shares of company stock valued at $213,329. 1.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Masonite International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new stake in Masonite International during the 3rd quarter worth approximately $25,000. Ronald Blue Trust Inc. grew its holdings in shares of Masonite International by 352.5% in the third quarter. Ronald Blue Trust Inc. now owns 267 shares of the company’s stock valued at $27,000 after acquiring an additional 208 shares in the last quarter. Signaturefd LLC grew its holdings in Masonite International by 134.6% during the fourth quarter. Signaturefd LLC now owns 359 shares of the company’s stock valued at $30,000 after purchasing an additional 206 shares during the period. Ensign Peak Advisors Inc bought a new position in Masonite International during the third quarter valued at $32,000. Finally, Daiwa Securities Group Inc. bought a new position in Masonite International during the fourth quarter valued at $34,000. 97.07% of the stock is owned by institutional investors.

Masonite International Price Performance

Shares of DOOR stock opened at $130.89 on Monday. The stock has a 50 day moving average of $127.74 and a two-hundred day moving average of $101.45. The company has a current ratio of 2.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.22. Masonite International has a 12 month low of $76.87 and a 12 month high of $131.93. The company has a market capitalization of $2.88 billion, a P/E ratio of 24.84, a P/E/G ratio of 6.90 and a beta of 1.64.

Masonite International (NYSE:DOORGet Free Report) last posted its earnings results on Tuesday, February 20th. The company reported $1.31 EPS for the quarter, missing the consensus estimate of $1.36 by ($0.05). The company had revenue of $660.58 million for the quarter, compared to the consensus estimate of $659.87 million. Masonite International had a return on equity of 20.17% and a net margin of 4.18%. During the same quarter last year, the business earned $1.72 EPS. As a group, equities analysts expect that Masonite International will post 9.48 EPS for the current year.

Masonite International Company Profile

(Get Free Report

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.

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Analyst Recommendations for Masonite International (NYSE:DOOR)

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