Masonite International Corp (NYSE:DOOR) – Stock analysts at B. Riley boosted their FY2018 earnings per share (EPS) estimates for Masonite International in a research report issued on Wednesday. B. Riley analyst A. Rygiel now anticipates that the company will post earnings per share of $4.16 for the year, up from their prior estimate of $3.95. B. Riley has a “Buy” rating and a $82.00 price objective on the stock.

DOOR has been the subject of several other reports. Royal Bank of Canada reiterated an “outperform” rating and set a $74.00 price target (up from $72.00) on shares of Masonite International in a report on Thursday, November 9th. BidaskClub downgraded shares of Masonite International from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Masonite International from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Robert W. Baird reiterated a “buy” rating and set a $70.00 price target on shares of Masonite International in a report on Sunday, September 17th. Finally, TheStreet upgraded shares of Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $76.60.

Masonite International (NYSE DOOR) traded up $0.15 during midday trading on Thursday, reaching $74.30. The company’s stock had a trading volume of 270,200 shares, compared to its average volume of 241,400. The company has a quick ratio of 2.05, a current ratio of 3.12 and a debt-to-equity ratio of 0.93. Masonite International has a 12-month low of $50.40 and a 12-month high of $85.30. The company has a market capitalization of $2,120.00, a PE ratio of 23.36 and a beta of 1.38.

Masonite International (NYSE:DOOR) last released its earnings results on Tuesday, November 7th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.08. Masonite International had a return on equity of 14.38% and a net margin of 4.75%. The firm had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $509.04 million. During the same period in the prior year, the company earned $0.89 earnings per share. The company’s quarterly revenue was up 5.7% on a year-over-year basis.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Great West Life Assurance Co. Can grew its holdings in Masonite International by 67.7% during the 2nd quarter. Great West Life Assurance Co. Can now owns 4,024 shares of the company’s stock worth $303,000 after acquiring an additional 1,624 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Masonite International by 3.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 177,212 shares of the company’s stock worth $13,380,000 after acquiring an additional 6,310 shares during the period. First Trust Advisors LP acquired a new stake in Masonite International during the 2nd quarter worth about $550,000. SG Americas Securities LLC grew its holdings in Masonite International by 1.4% during the 2nd quarter. SG Americas Securities LLC now owns 2,395 shares of the company’s stock worth $181,000 after acquiring an additional 34 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Masonite International by 3.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 151,657 shares of the company’s stock worth $11,450,000 after acquiring an additional 5,725 shares during the period.

In related news, insider James A. Hair sold 1,600 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $72.34, for a total value of $115,744.00. Following the completion of the sale, the insider now directly owns 4,172 shares in the company, valued at $301,802.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Edgar Lewis sold 1,400 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $70.52, for a total value of $98,728.00. Following the completion of the sale, the insider now owns 22,518 shares of the company’s stock, valued at $1,587,969.36. The disclosure for this sale can be found here. Insiders sold 4,015 shares of company stock valued at $288,263 over the last 90 days. 2.19% of the stock is currently owned by company insiders.

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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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