November 23, 2016 - By Linda Rogers
A legal report filed with the (SEC) on 23/11/2016 shared that Robert Lewis, the See Remarks of Masonite International Corp, ‘s company sold 600 shares. With average share price of $63.4 the sale’s amount is $38,022 USD. Robert Lewis currently has ownership of 0.08% of the company’s total market cap with ownership of 23,540 shares.
Out of 6 analysts covering Masonite International (NYSE:DOOR), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $89 is the highest target while $72 is the lowest. The $79 average target is 17.04% above today’s ($67.5) stock price. Masonite International has been the topic of 12 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by RBC Capital Markets on Friday, November 6. Stifel Nicolaus initiated the shares of DOOR in a report on Friday, August 21 with “Hold” rating. TheStreet upgraded the stock to “Hold” rating in Saturday, August 15 report. The rating was upgraded by Stifel Nicolaus to “Buy” on Thursday, November 10. The firm has “Outperform” rating by FBR Capital given on Tuesday, August 25. The firm has “Outperform” rating by FBR Capital given on Friday, May 6. Imperial Capital maintained it with “Outperform” rating and $82.50 target price in Friday, May 6 report. JP Morgan initiated the stock with “Overweight” rating in Tuesday, December 15 report. The firm earned “Outperform” rating on Wednesday, July 6 by Imperial Capital. The company was maintained on Tuesday, October 6 by RBC Capital Markets.
Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.39, from 1.39 in 2016Q1. The ratio is negative, as 13 funds sold all Masonite International Corp shares owned while 53 reduced positions. 42 funds bought stakes while 50 increased positions. They now own 29.27 million shares or 0.91% less from 29.54 million shares in 2016Q1.
Ruggie Capital Group accumulated 0.01% or 112 shares. Wells Fargo Mn, a California-based fund reported 1.39M shares. Moreover, Par Inc has 0.27% invested in Masonite International Corp (NYSE:DOOR) for 247,000 shares. State Board Of Administration Of Florida Retirement holds 19,384 shares or 0% of its portfolio. Moreover, Pnc Svcs Grp Incorporated Inc has 0% invested in Masonite International Corp (NYSE:DOOR) for 441 shares. Atika Cap Management, a New York-based fund reported 115,650 shares. Blackrock Institutional Tru Na reported 770,601 shares or 0.01% of all its holdings. Tpg last reported 368,420 shares in the company. Voya Mngmt Lc last reported 0% of its portfolio in the stock. Principal Fincl Gp has 0% invested in the company for 5,961 shares. Teachers Inc, a New York-based fund reported 262,331 shares. Pinnacle has 0% invested in the company for 14,782 shares. Trexquant Investment Lp owns 10,100 shares or 0.09% of their US portfolio. Cubist Systematic Strategies Limited owns 4,855 shares or 0.02% of their US portfolio. Nationwide Fund Advsrs last reported 0.04% of its portfolio in the stock.
Insider Transactions: Since August 16, 2016, the stock had 1 buying transaction, and 2 sales for $104,494 net activity. Hair James A sold $30,146 worth of Masonite International Corp (NYSE:DOOR) on Tuesday, November 15. The insider Tiejema Russell Thane bought $236,145. Lewis Robert Edgar had sold 1,500 shares worth $101,505 on Tuesday, August 16.
About 141,864 shares traded hands. Masonite International Corp (NYSE:DOOR) has declined 2.76% since April 21, 2016 and is downtrending. It has underperformed by 8.09% the S&P500.
Masonite International Corporation is a designer and maker of interior and exterior doors for residential construction, residential repair, renovation and remodeling, and the non-residential building construction markets. The company has a market cap of $2.02 billion. The Company’s product lines include residential doors, architectural doors and components. It has a 29.97 P/E ratio. The Company’s residential doors are molded panel, flush, stile and rail, routed medium-density fiberboard , steel or fiberglass.
According to Zacks Investment Research, “Masonite International Corp. is a designer and manufacturer of interior and exterior doors. It offers residential molded, flush, stile and rail, louvre and specially-ordered commercial and architectural doors and exterior residential steel, fiberglass, wood doors and entry systems. The company’s portfolio of brands consist of Masonite(R), Marshfield(R), Premdor(R), Mohawk(R), Megantic(R), Algoma(R), Baillargeon(R), Birchwood Best(R) and Lemieux(R). It markets and sells product to remodeling contractors, builders, homeowners, retail dealers, lumberyards, commercial and general contractors and architects through wholesale and retail distribution channels. Masonite International Corp. is headquartered in Florida US.”
Analysts await Masonite International Corp (NYSE:DOOR) to report earnings on February, 22. They expect $0.60 EPS, up 11.11% or $0.06 from last year’s $0.54 per share. DOOR’s profit will be $17.96M for 28.13 P/E if the $0.60 EPS becomes a reality. After $0.89 actual EPS reported by Masonite International Corp for the previous quarter, Wall Street now forecasts -32.58% negative EPS growth.
More recent Masonite International Corp (NYSE:DOOR) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on October 10, 2013. Also Businesswire.com published the news titled: “Masonite International Corporation Names Clare Doyle to Lead Components Business” on October 21, 2016. Bizjournals.com‘s news article titled: “Big Four auditor replaces another at Masonite â€” and its potential $3M fee” with publication date: October 14, 2016 was also an interesting one.
Masonite International Corporation (Masonite Canada) is a vertically integrated producer, manufacturing key components of doors, including composite molded and veneer door facings, glass door lites and cut stock. The Firm is a wholly owned subsidiary of Masonite International Inc. (Masonite International). Masonite Canada operates Masonite International’s Canadian subsidiaries, as well as certain other non-United States subsidiaries. In February 2014, Masonite International Corporation completed the acquisition of Door-Stop International Limited.
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By Linda Rogers