Masonite International Corporation (NYSE:DOOR) – Research analysts at B. Riley lifted their FY2017 EPS estimates for shares of Masonite International Corporation in a report released on Wednesday. B. Riley analyst A. Rygiel now anticipates that the company will post earnings of $3.50 per share for the year, up from their previous forecast of $3.45. B. Riley currently has a “Buy” rating and a $82.00 target price on the stock. B. Riley also issued estimates for Masonite International Corporation’s Q4 2017 earnings at $0.84 EPS.

Masonite International Corporation (NYSE:DOOR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.08. Masonite International Corporation had a net margin of 4.75% and a return on equity of 14.38%. The firm had revenue of $517.50 million for the quarter, compared to analyst estimates of $509.04 million. During the same quarter in the previous year, the firm posted $0.89 EPS. The business’s revenue for the quarter was up 5.7% on a year-over-year basis.

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DOOR has been the topic of several other research reports. BidaskClub downgraded shares of Masonite International Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Masonite International Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Robert W. Baird reiterated a “buy” rating and set a $70.00 price target on shares of Masonite International Corporation in a research report on Sunday, September 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $74.00 price target (up previously from $72.00) on shares of Masonite International Corporation in a research report on Thursday, November 9th. Finally, TheStreet downgraded shares of Masonite International Corporation from a “b” rating to a “c+” rating in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $76.73.

Masonite International Corporation (NYSE DOOR) traded up $0.60 on Friday, hitting $72.00. 153,436 shares of the stock traded hands, compared to its average volume of 230,207. The company has a market cap of $2,008.64, a price-to-earnings ratio of 21.91 and a beta of 1.29. The company has a current ratio of 3.12, a quick ratio of 2.05 and a debt-to-equity ratio of 0.93. Masonite International Corporation has a fifty-two week low of $50.40 and a fifty-two week high of $85.30.

In other Masonite International Corporation news, insider Robert Edgar Lewis sold 1,400 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $70.52, for a total transaction of $98,728.00. Following the transaction, the insider now directly owns 22,518 shares in the company, valued at approximately $1,587,969.36. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.19% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in DOOR. BlackRock Inc. lifted its position in Masonite International Corporation by 84,431.7% during the 1st quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock valued at $169,086,000 after purchasing an additional 2,131,056 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position in Masonite International Corporation by 87.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,730,607 shares of the company’s stock valued at $119,758,000 after purchasing an additional 807,811 shares during the period. Neuberger Berman Group LLC acquired a new stake in shares of Masonite International Corporation in the 3rd quarter valued at approximately $53,419,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Masonite International Corporation in the 3rd quarter valued at approximately $23,052,000. Finally, Koch Industries Inc. acquired a new stake in shares of Masonite International Corporation in the 2nd quarter valued at approximately $248,000. Institutional investors own 98.76% of the company’s stock.

Masonite International Corporation Company Profile

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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