Masonite International Corp (NYSE:DOOR) insider Robert Edgar Lewis sold 3,000 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $65.75, for a total value of $197,250.00. Following the completion of the sale, the insider now owns 16,372 shares of the company’s stock, valued at approximately $1,076,459. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Masonite International Corp (NYSE DOOR) traded up $0.50 during midday trading on Thursday, hitting $61.55. The stock had a trading volume of 134,625 shares, compared to its average volume of 220,675. The company has a market capitalization of $1,772.58, a price-to-earnings ratio of 18.65 and a beta of 1.18. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.05 and a current ratio of 3.12. Masonite International Corp has a 1 year low of $50.40 and a 1 year high of $85.30.
Masonite International (NYSE:DOOR) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.13). Masonite International had a return on equity of 14.82% and a net margin of 7.46%. The business had revenue of $508.50 million during the quarter, compared to the consensus estimate of $512.46 million. During the same period last year, the company earned $0.55 EPS. The business’s revenue was up 5.7% on a year-over-year basis. sell-side analysts forecast that Masonite International Corp will post 3.87 earnings per share for the current fiscal year.
A number of brokerages have commented on DOOR. B. Riley restated a “buy” rating on shares of Masonite International in a research report on Wednesday, November 1st. Zacks Investment Research lowered Masonite International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $82.00 price objective on shares of Masonite International in a research note on Friday, February 23rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $69.00 price objective (up previously from $60.00) on shares of Masonite International in a research note on Thursday, November 9th. Finally, TheStreet raised Masonite International from a “c+” rating to a “b” rating in a research note on Friday, November 24th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. Masonite International has a consensus rating of “Hold” and a consensus target price of $77.90.
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About Masonite International
Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.
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