Brokerages expect Masonite International Corp (NYSE:DOOR) to report earnings of $1.08 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Masonite International’s earnings. The lowest EPS estimate is $1.01 and the highest is $1.15. Masonite International posted earnings of $1.00 per share in the same quarter last year, which would indicate a positive year over year growth rate of 8%. The firm is expected to issue its next quarterly earnings results on Tuesday, November 6th.

On average, analysts expect that Masonite International will report full year earnings of $4.06 per share for the current fiscal year, with EPS estimates ranging from $3.95 to $4.20. For the next year, analysts expect that the company will report earnings of $4.82 per share, with EPS estimates ranging from $4.50 to $5.02. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Masonite International.

Masonite International (NYSE:DOOR) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.14. The business had revenue of $566.70 million for the quarter, compared to analyst estimates of $560.47 million. Masonite International had a net margin of 7.43% and a return on equity of 14.98%. The company’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 EPS.

A number of equities research analysts have issued reports on DOOR shares. TheStreet raised shares of Masonite International from a “c+” rating to a “b-” rating in a report on Thursday, May 31st. B. Riley cut their price target on shares of Masonite International from $86.00 to $80.00 and set a “buy” rating on the stock in a report on Monday. Zacks Investment Research raised shares of Masonite International from a “sell” rating to a “hold” rating in a report on Monday, May 7th. ValuEngine raised shares of Masonite International from a “sell” rating to a “hold” rating in a report on Friday, August 10th. Finally, Wedbush reissued a “neutral” rating and issued a $70.00 price target on shares of Masonite International in a report on Monday, April 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $73.67.

Masonite International stock traded up $0.40 during trading hours on Friday, reaching $67.75. The stock had a trading volume of 3,184 shares, compared to its average volume of 195,742. The firm has a market cap of $1.88 billion, a PE ratio of 20.23 and a beta of 1.19. Masonite International has a 52 week low of $58.40 and a 52 week high of $75.95. The company has a quick ratio of 1.54, a current ratio of 2.51 and a debt-to-equity ratio of 0.88.

Several institutional investors and hedge funds have recently made changes to their positions in DOOR. Envestnet Asset Management Inc. boosted its stake in shares of Masonite International by 773.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,008 shares of the company’s stock valued at $143,000 after purchasing an additional 1,778 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Masonite International by 153.8% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 2,398 shares of the company’s stock valued at $147,000 after purchasing an additional 1,453 shares in the last quarter. Hartford Investment Management Co. bought a new stake in shares of Masonite International during the 2nd quarter valued at about $209,000. Xact Kapitalforvaltning AB bought a new stake in shares of Masonite International during the 4th quarter valued at about $233,000. Finally, First Republic Investment Management Inc. boosted its stake in shares of Masonite International by 30.6% during the 1st quarter. First Republic Investment Management Inc. now owns 4,459 shares of the company’s stock valued at $274,000 after purchasing an additional 1,045 shares in the last quarter. 98.85% of the stock is currently owned by hedge funds and other institutional investors.

About Masonite International

Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.

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