Masonite International (NYSE:DOOR) PT Raised to $115.00 at Robert W. Baird

Masonite International (NYSE:DOOR – Get Rating) had its target price raised by equities research analysts at Robert W. Baird from $110.00 to $115.00 in a research report issued to clients and investors on Wednesday, The Fly reports. Robert W. Baird’s target price points to a potential upside of 23.22% from the company’s current price.

Several other analysts also recently issued reports on the company. StockNews.com upgraded Masonite International from a “hold” rating to a “buy” rating in a report on Friday, April 21st. Royal Bank of Canada downgraded Masonite International from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $91.00 to $89.00 in a research note on Friday, January 13th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Masonite International from $90.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, January 10th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Masonite International currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.43.

Masonite International Trading Down 0.3 %

DOOR stock opened at $93.33 on Wednesday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 9.94 and a beta of 1.60. The company has a quick ratio of 2.17, a current ratio of 3.33 and a debt-to-equity ratio of 1.17. The business has a fifty day simple moving average of $89.01 and a 200-day simple moving average of $83.67. Masonite International has a 52 week low of $65.71 and a 52 week high of $101.72.

Masonite International (NYSE:DOOR – Get Rating) last released its quarterly earnings data on Monday, May 8th. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.30. The business had revenue of $726.00 million during the quarter, compared to the consensus estimate of $688.20 million. Masonite International had a return on equity of 28.00% and a net margin of 6.40%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.89 EPS. On average, equities research analysts expect that Masonite International will post 8.11 EPS for the current year.

Insider Transactions at Masonite International

In other news, Director Robert J. Byrne sold 2,500 shares of the stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $90.58, for a total transaction of $226,450.00. Following the transaction, the director now owns 946 shares of the company’s stock, valued at $85,688.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.21% of the company’s stock.

Hedge Funds Weigh In On Masonite International

Large investors have recently bought and sold shares of the business. Dupont Capital Management Corp lifted its holdings in Masonite International by 117.2% in the fourth quarter. Dupont Capital Management Corp now owns 8,391 shares of the company’s stock worth $676,000 after acquiring an additional 4,528 shares during the last quarter. PFS Investments Inc. raised its holdings in shares of Masonite International by 5.6% during the third quarter. PFS Investments Inc. now owns 2,857 shares of the company’s stock valued at $204,000 after buying an additional 152 shares during the last quarter. Mendota Financial Group LLC bought a new stake in shares of Masonite International during the fourth quarter valued at approximately $99,000. Fox Run Management L.L.C. bought a new stake in shares of Masonite International during the fourth quarter valued at approximately $231,000. Finally, Pzena Investment Management LLC raised its holdings in shares of Masonite International by 80.5% during the fourth quarter. Pzena Investment Management LLC now owns 830,512 shares of the company’s stock valued at $66,948,000 after buying an additional 370,355 shares during the last quarter. Institutional investors own 98.67% of the company’s stock.

Masonite International Company Profile

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Masonite International Corp. engages in the manufacture of interior and exterior doors for residential and architectural use. It operates through the following geographical segments: North American Residential, Europe, Architectural, and Corporate and Other. The Corporate and other segment includes unallocated corporate costs and the results of immaterial operating segments.