Masonite International Corporation (DOOR) Set to Announce Earnings on Tuesday
Masonite International Corporation (NYSE:DOOR) will release its earnings data after the market closes on Tuesday, November 7th. Analysts expect Masonite International Corporation to post earnings of $0.92 per share for the quarter.
Masonite International Corporation (NYSE:DOOR) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.22). The company had revenue of $519.70 million during the quarter, compared to analysts’ expectations of $547.79 million. Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.02 earnings per share. On average, analysts expect Masonite International Corporation to post $3.38 EPS for the current fiscal year and $3.97 EPS for the next fiscal year.
Shares of Masonite International Corporation (NYSE:DOOR) traded up 0.75% during trading on Tuesday, hitting $67.35. 43,881 shares of the company traded hands. The company has a 50-day moving average of $66.89 and a 200-day moving average of $71.77. The stock has a market capitalization of $1.99 billion, a PE ratio of 21.15 and a beta of 1.31. Masonite International Corporation has a 52-week low of $50.40 and a 52-week high of $85.30.
DOOR has been the subject of a number of research reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $92.00 price objective on shares of Masonite International Corporation in a research note on Monday, July 24th. Zacks Investment Research upgraded Masonite International Corporation from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Monday, July 24th. Nomura set a $77.00 price objective on Masonite International Corporation and gave the company a “buy” rating in a research note on Thursday, August 10th. BidaskClub cut Masonite International Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, Stephens cut Masonite International Corporation from an “overweight” rating to an “equal weight” rating and set a $89.00 price objective for the company. in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $75.80.
In related news, Director Robert J. Byrne purchased 1,500 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average price of $60.81 per share, for a total transaction of $91,215.00. Following the completion of the purchase, the director now directly owns 9,633 shares of the company’s stock, valued at $585,782.73. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 2.19% of the stock is owned by corporate insiders.
TRADEMARK VIOLATION NOTICE: This article was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://theolympiareport.com/2017/10/31/masonite-international-corporation-door-set-to-announce-earnings-on-tuesday.html.
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.
Receive News & Ratings for Masonite International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.