Masonite International (NYSE:DOOR) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Masonite International (NYSE:DOOR) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

DOOR has been the subject of a number of other reports. Oppenheimer started coverage on shares of Masonite International in a research report on Friday, January 19th. They set an “outperform” rating and a $115.00 price objective for the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $133.00 price objective (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. TheStreet cut shares of Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $133.00 target price (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Finally, Royal Bank of Canada boosted their target price on shares of Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $116.89.

Masonite International Price Performance

NYSE:DOOR opened at $131.26 on Wednesday. The company has a current ratio of 2.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.22. The firm has a fifty day simple moving average of $130.75 and a 200 day simple moving average of $103.58. Masonite International has a 1-year low of $76.87 and a 1-year high of $131.93. The stock has a market capitalization of $2.89 billion, a PE ratio of 24.91, a P/E/G ratio of 6.93 and a beta of 1.64.

Masonite International (NYSE:DOOR) last released its quarterly earnings data on Tuesday, February 20th. The company reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.05). Masonite International had a return on equity of 20.17% and a net margin of 4.18%. The company had revenue of $660.58 million for the quarter, compared to the consensus estimate of $659.87 million. During the same period last year, the firm earned $1.72 earnings per share. On average, research analysts expect that Masonite International will post 9.48 EPS for the current fiscal year.

Insider Activity

In related news, insider Robert Paxton sold 721 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the transaction, the insider now owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Robert Paxton sold 721 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the transaction, the insider now owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP James C. Pelletier sold 262 shares of the business’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $34,075.72. Following the completion of the transaction, the senior vice president now directly owns 12,739 shares of the company’s stock, valued at approximately $1,656,834.34. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,641 shares of company stock valued at $213,329. 1.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Baker Ellis Asset Management LLC raised its stake in Masonite International by 2.0% during the first quarter. Baker Ellis Asset Management LLC now owns 5,110 shares of the company’s stock worth $672,000 after acquiring an additional 100 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Masonite International by 39.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock worth $45,000 after acquiring an additional 151 shares in the last quarter. Barclays PLC raised its stake in Masonite International by 1.2% during the third quarter. Barclays PLC now owns 14,327 shares of the company’s stock worth $1,336,000 after acquiring an additional 172 shares in the last quarter. Swiss National Bank raised its stake in Masonite International by 0.4% during the third quarter. Swiss National Bank now owns 46,177 shares of the company’s stock worth $4,305,000 after acquiring an additional 200 shares in the last quarter. Finally, Signaturefd LLC raised its stake in Masonite International by 134.6% during the fourth quarter. Signaturefd LLC now owns 359 shares of the company’s stock worth $30,000 after acquiring an additional 206 shares in the last quarter. Institutional investors and hedge funds own 97.07% of the company’s stock.

About Masonite International

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.