Masonite International (DOOR) Scheduled to Post Earnings on Monday

Masonite International (NYSE:DOOR) will post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Masonite International to post earnings of $2.01 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Masonite International (NYSE:DOOR) last issued its earnings results on Tuesday, February 20th. The company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.05). The business had revenue of $660.58 million for 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 last year, the business posted $1.72 EPS. 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 Performance

Shares of DOOR opened at $132.70 on Friday. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 25.18, a price-to-earnings-growth ratio of 7.00 and a beta of 1.63. Masonite International has a 52-week low of $76.87 and a 52-week high of $132.85. The company has a quick ratio of 1.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.22. The stock has a 50 day moving average price of $131.14 and a 200 day moving average price of $106.05.

Insiders Place Their Bets

In other news, 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 value of $93,693.95. Following 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 filing with the SEC, which is available at the SEC website. In other news, insider Robert Paxton sold 721 shares of the business’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 directly owns 20,798 shares in the company, valued at $2,702,700.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP James C. Pelletier sold 262 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $34,075.72. Following the completion of the sale, the senior vice president now 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. In the last ninety days, insiders sold 1,641 shares of company stock valued at $213,329. 1.21% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $133.00 target price (up previously from $115.00) on shares of Masonite International in a report on Monday, February 12th. Wedbush reiterated a “neutral” rating and set a $133.00 target price on shares of Masonite International in a research report on Tuesday, February 20th. StockNews.com started coverage on Masonite International in a report on Thursday. They issued a “hold” rating for the company. TheStreet lowered Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Finally, Oppenheimer began coverage on Masonite International in a report on Friday, January 19th. They issued an “outperform” rating and a $115.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average 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.