giftedviz.com
giftedviz.com July 20, 2018


Masonite International Corporation (DOOR)

12 August 2017, 03:02 | Rodolfo Wallace

Masonite International Corporation (DOOR)

Masonite International

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Masonite International Corporation (NYSE:DOOR). Four analysts have provided estimates for Masonite International Corporation's earnings, with the highest EPS estimate coming in at $1.19 and the lowest estimate coming in at $1.04. On Monday, February 27 Repar Lawrence P sold $1.54 million worth of Masonite International Corp (NYSE:DOOR) or 19,647 shares. The firm has "Outperform" rating given on Wednesday, March 8 by RBC Capital Markets.

Masonite International Corporation has a consensus buy rating from 12 Wall Street analysts, and the number of shares now sold short amount to at least 2.02% of shares outstanding.

11/06/2015 - Masonite International Corporation had its " rating reiterated by analysts at RBC Capital.

Among 8 analysts covering Masonite International (NYSE:DOOR), 8 have Buy rating, 0 Sell and 0 Hold. The firm had revenue of $487.18 million during the quarter, compared to analysts' expectations of $497.51 million. Masonite International Corporation had a return on equity of 14.13% and a net margin of 4.95%.

The impact of softer than expected demand, foreign exchange, and certain plant consolidations resulted in modest net sales growth in the quarter, while the benefit of improved pricing was offset by approximately $4 million of discrete costs related to legal reserves, the resolution of customer claims in the United Kingdom and plant transition costs. The company's quarterly revenue was up 1.1% compared to the same quarter past year.

A number of equities analysts recently weighed in on the company. Masonite International had 18 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Masonite International Corp (NYSE:DOOR) earned "Hold" rating by Stifel Nicolaus on Friday, August 21. Royal Bank Of Canada reissued a "buy" rating and issued a $92.00 price target on shares of Masonite International Corporation in a report on Monday, July 24th. Nomura initiated coverage on shares of Masonite International Corporation in a research note on Wednesday, April 12th. Finally, Wedbush restated an "outperform" rating and issued a $85.00 price objective on shares of Masonite International Corporation in a research report on Friday, June 16th.

Tianna Bartoletta wins bronze in long jump at World Track Championships
Spanovic, bronze medallist at both the Olympics and the last World Championships, also produced 6.91 with her final jump. I'm a stronger person than I probably think I am.


Bourne Lent Asset Management Inc. Takes Position in Tesla Inc. (TSLA)
Tesla has so far raised money through equity offerings and convertible bonds, which are eventually converted into Tesla shares. Deutsche Bank AG reissued a "hold" rating and set a $240.00 price target on shares of Tesla in a research report on Wednesday.


Fidelity National Financial, Inc. (NYSE:FNF) EVP Sells $6331708.95 in Stock
Piper Jaffray Companies reissued their buy rating on shares of Fidelity National Financial, Inc . 4 of them rate its stock a hold. The last close places the company's stock about $3.52 off its 52 week high of $92.78 and $16.01 above the 52 week low of $73.25.


The average Wall Street analyst rating for Masonite International Corporation is Strong Buy, according to the average of 10 analyst scores.

In other news, insider Robert Edgar Lewis sold 3,500 shares of the firm's stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $74.08, for a total value of $259,280.00. Vanguard Group Inc. now owns 2,351,329 shares of the company's stock valued at $186,343,000 after buying an additional 68,943 shares during the period. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Moreover, Northern has 0.01% invested in Masonite International Corp (NYSE:DOOR) for 404,337 shares. Bank of America Corp DE increased its stake in Masonite International Corporation by 49.0% in the first quarter. Dimensional Fund Advisors LP now owns 115,475 shares of the company's stock valued at $9,151,000 after buying an additional 96,723 shares during the period. Virginia Retirement Systems ET AL purchased a new stake in Masonite International Corporation during the first quarter worth approximately $491,000.

Thrivent Financial For Lutherans bolstered its position by buying 56,010 shares an increase of 94.6%. BlackRock Inc. increased its stake in Masonite International Corporation by 84,431.7% in the first quarter. Strs Ohio now owns 1,900 shares of the company's stock valued at $150,000 after buying an additional 1,600 shares during the last quarter. Institutional investors own 98.25% of the company's stock.

TRADEMARK VIOLATION NOTICE: This story was first published by Week Herald and is the property of of Week Herald. The correct version of this story can be viewed at https://weekherald.com/2017/08/10/masonite-international-corporation-nysedoor-releases-quarterly-earnings-results-misses-estimates-by-0-22-eps.html. Its portfolio of brands includes Masonite, Marshfield, Premdor, Mohawk, Megantic, Algoma, Birchwood Best, Lemieux, Door-Stop, Harring Doors, Performance Doorset Solutions and National Hickman. The firm has a market cap of $1.77 billion, a PE ratio of 18.69 and a beta of 1.26. The stock's 52-week range is $55.60 to $85.30, and its 3-month range is $50.40 to $79.90. One of the more popular combinations is to use the 50-day and 200-day moving averages.

Masonite International Corporation is a designer, manufacturer and distributor of interior and exterior doors for the new construction and fix, renovation and remodeling sectors of the residential and non-residential building construction markets. Its segments are organized and managed principally by end market: North American Residential, Europe and Architectural.



Other News

Trending Now

Three indie darlings announced for Nintendo Switch
One of the best platformers of the modern era, Super Meat Boy , is coming to the Nintendo Switch. As with Super Meat Boy , no final release date has been confirmed for Mutant Mudds Deluxe yet.

Anderson Silva vs. Kelvin Gastelum Targeted For November
Silva has only earned a single victory in the last four years, which was the aforementioned win over Brunson earlier ths year. Gastelum suffered a third-round submission, which also meant his first loss since a split decision to Neil Magny in 2015.

Stock Noted in Oversold Range: Endo International plc (NASDAQ:ENDP)
Oppenheimer Holdings, Inc. reiterated a "hold" rating on shares of Endo International PLC in a research note on Sunday, July 23rd. ValuEngine lowered Endo International PLC from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd.

Have 'Game of Thrones' fans worked out who is playing Rhaegar Targaryen?
Celebrities are just like us: Geeking out over " Game of Thrones " and deep-diving into all of the fan theories. Rhaegar says the baby is "the prince that was promised", the guy/gal Melisandre has been droning on about on TV.

Arsenal keeper Petr Cech reveals why he's not happy after Leicester win
The 26-year-old Frenchman averaged a goal every 80 minutes during his Ligue 1 career with Lyon and he's started in fine style. Wenger will get plenty of the plaudits once again for a dramatic opening night win which saw his two subs work perfectly.

Public Service Commision urges residents to call before digging
For more information about West Virginia 811, visit www.wv811.com or www.psc.state.wv.us and click on the West Virginia 811 link. Striking an underground electric or natural gas pipe can cause serious injury, damages and service interruptions.

Fipronil in Niederlanden seit 2016
Alle rund 180 niederländischen Eierproduzenten, bei denen mit Fipronil belastete Eier gefunden wurden, waren Kunden der Firma. Es gibt bislang keinen Hinweis dafür, dass mit Fipronil belastete Eier und Eier-Produkte nach Österreich geliefert wurden.

Jaguars release left tackle Branden Albert from reserved/retired list
Albert was expected to compete for the starting left tackle position with second-round draft pick Cam Robinson out of Alabama. August 4 - Albert approached the team about the opportunity to return to the National Football League at a later date.

Keep Your Active Eyes on Targa Resources Corp. (TRGP)
The rating was downgraded by Sterne Agee CRT to "Underperform" on Thursday, November 12. (NYSE TRGP) opened at 44.86 on Thursday. ValuEngine upgraded shares of Targa Resources from a "sell" rating to a "hold" rating in a report on Wednesday, July 19th.

South Korea Calls Urgent Security Meeting After North's Newest Threat
The won stood at 1,141.5 against the USA dollar, its lowest intraday trading level since July 12. A short time ago, South Korean electronics giant Samsung was down 1.7% in morning trade.