Masonite International (DOOR) Set to Announce Quarterly Earnings on Monday

Masonite International (NYSE:DOOR) is set to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $2.01 per share for the quarter.

Masonite International (NYSE:DOOR) last released its quarterly earnings results on Tuesday, February 20th. The company reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.05). The business 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 company earned $1.72 earnings per share. On average, analysts expect Masonite International to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Masonite International Stock Down 0.1 %

NYSE DOOR opened at $131.61 on Monday. The firm has a market cap of $2.89 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 6.94 and a beta of 1.64. Masonite International has a one year low of $76.87 and a one year high of $131.94. The stock’s 50 day simple moving average is $130.86 and its 200 day simple moving average is $104.53. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.42 and a quick ratio of 1.42.

Insider Transactions at Masonite International

In other news, SVP James C. Pelletier sold 262 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total value of $34,075.72. Following the transaction, the senior vice president now directly owns 12,739 shares in the company, valued at approximately $1,656,834.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Christopher O. Ball sold 396 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total transaction of $51,503.76. Following the sale, the insider now owns 13,263 shares of the company’s stock, valued at approximately $1,724,985.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP James C. Pelletier sold 262 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total value of $34,075.72. Following the sale, the senior vice president now directly owns 12,739 shares in the company, valued at approximately $1,656,834.34. The disclosure for this sale can be found here. Insiders have sold 1,641 shares of company stock worth $213,329 in the last three months. Insiders own 1.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $133.00 price objective (up from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Oppenheimer assumed coverage on Masonite International in a research report on Friday, January 19th. They issued an “outperform” rating and a $115.00 price objective on the stock. StockNews.com assumed coverage on Masonite International in a research report on Wednesday, April 24th. They issued a “hold” rating on the stock. TheStreet lowered Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Finally, Wedbush reiterated a “neutral” rating and issued a $133.00 price objective on shares of Masonite International in a research report on Tuesday, February 20th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Masonite International currently has a consensus rating of “Hold” and a consensus target price of $116.89.

Masonite International Company Profile

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.