Somewhat Positive Press Coverage Somewhat Unlikely to Affect Masonite International (DOOR) Stock Price

News articles about Masonite International (NYSE:DOOR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Masonite International earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5227090884773 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

A number of research firms have commented on DOOR. Wedbush lowered Masonite International from an “outperform” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research report on Tuesday, October 3rd. BidaskClub lowered Masonite International from a “sell” rating to a “strong sell” rating in a research report on Friday, October 13th. B. Riley upped their price target on Masonite International from $72.00 to $82.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Robert W. Baird reiterated a “buy” rating and issued a $70.00 price target on shares of Masonite International in a research report on Sunday, September 17th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $69.00 price target (up previously from $60.00) on shares of Masonite International in a research report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. Masonite International presently has a consensus rating of “Hold” and an average price target of $76.60.

Shares of Masonite International (DOOR) opened at $74.00 on Friday. Masonite International has a 52-week low of $50.40 and a 52-week high of $85.30. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.05 and a current ratio of 3.12. The company has a market capitalization of $2,115.41, a PE ratio of 23.42 and a beta of 1.33.

Masonite International (NYSE:DOOR) last announced its earnings results on Tuesday, November 7th. The company reported $1.00 EPS for the quarter, beating 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 company had revenue of $517.50 million for the quarter, compared to analyst estimates of $509.04 million. During the same quarter in the prior year, the company earned $0.89 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. research analysts forecast that Masonite International will post 3.48 earnings per share for the current year.

In related news, insider Robert Edgar Lewis sold 1,400 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $70.52, for a total transaction of $98,728.00. Following the sale, the insider now owns 22,518 shares in the company, valued at approximately $1,587,969.36. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John C. Wills sold 1,015 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $72.70, for a total value of $73,790.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,015 shares of company stock worth $288,263. 2.19% of the stock is owned by corporate 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.

Insider Buying and Selling by Quarter for Masonite International (NYSE:DOOR)

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