Masonite International (NYSE:DOOR) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Masonite International (NYSE:DOOR - Get Free Report) in a report issued on Monday. The brokerage set a "hold" rating on the stock.

A number of other research firms also recently commented on DOOR. Robert W. Baird downgraded shares of Masonite International from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $106.00 to $92.00 in a research note on Tuesday, December 19th. Oppenheimer assumed coverage on shares of Masonite International in a research report on Friday, January 19th. They issued an "outperform" rating and a $115.00 price target on the stock. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $133.00 price target (up from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Stifel Nicolaus restated a "hold" rating and issued a $133.00 price target (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Finally, Wedbush restated a "neutral" rating and issued a $133.00 price target 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 data from MarketBeat.com, Masonite International has an average rating of "Hold" and an average target price of $116.89.

Masonite International Trading Up 0.1 %

Shares of Masonite International stock traded up $0.13 during trading hours on Monday, hitting $130.88. The company's stock had a trading volume of 269,787 shares, compared to its average volume of 628,436. Masonite International has a 1-year low of $76.87 and a 1-year high of $131.93. The business has a fifty day moving average of $124.72 and a 200 day moving average of $100.50. The company has a market capitalization of $2.88 billion, a PE ratio of 24.83, a P/E/G ratio of 2.37 and a beta of 1.64. The company has a quick ratio of 1.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.22.

Masonite International (NYSE:DOOR - Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.36 by ($0.05). The business had revenue of $660.58 million during the quarter, compared to analyst estimates of $659.87 million. Masonite International had a return on equity of 20.17% and a net margin of 4.18%. During the same period in the previous year, the company earned $1.72 EPS. As a group, equities analysts forecast that Masonite International will post 9.45 EPS for the current year.

Insider Buying and Selling

In other Masonite International news, insider Robert Paxton sold 721 shares of the firm's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total transaction of $93,693.95. Following the transaction, 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 filing with the SEC, which can be accessed through this link. In related news, insider Christopher O. Ball sold 396 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $51,503.76. Following the sale, the insider now directly owns 13,263 shares in the company, valued at approximately $1,724,985.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Paxton sold 721 shares of the business's stock in a transaction that occurred 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 completion of the sale, the insider now owns 20,798 shares in the company, valued at $2,702,700.10. The disclosure for this sale can be found here. Insiders have sold a total of 1,641 shares of company stock valued at $213,329 in the last quarter. Company insiders own 1.21% of the company's stock.

Institutional Trading of Masonite International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Masonite International by 5.4% in the fourth quarter. Vanguard Group Inc. now owns 2,366,249 shares of the company's stock worth $200,327,000 after acquiring an additional 120,448 shares in the last quarter. BlackRock Inc. increased its position in shares of Masonite International by 4.3% in the second quarter. BlackRock Inc. now owns 1,560,490 shares of the company's stock worth $159,857,000 after acquiring an additional 64,806 shares in the last quarter. Westwood Holdings Group Inc. increased its position in shares of Masonite International by 41.5% in the fourth quarter. Westwood Holdings Group Inc. now owns 865,855 shares of the company's stock worth $73,303,000 after acquiring an additional 253,981 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Masonite International by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 780,024 shares of the company's stock worth $66,038,000 after acquiring an additional 18,335 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Masonite International by 23.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company's stock worth $53,994,000 after acquiring an additional 113,896 shares in the last quarter. 97.07% of the stock is currently owned by institutional investors.

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.