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). The correct version of this story can be viewed at https://transcriptdaily.com/2017/08/11/ubs-asset-management-americas-inc-has-1-07-million-stake-in-masonite-international-corporation-door-updated-updated-updated.html. The firm has "Outperform" rating given on Wednesday, March 8 by RBC Capital Markets. The company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.05. Morgan Stanley has invested 0% of its portfolio in Masonite International Corp (NYSE:DOOR).
Shares of Masonite International Corporation (NYSE DOOR) traded up 1.97% during midday trading on Friday, hitting $59.50. The business had revenue of $519.70 million during the quarter, compared to analysts' expectations of $547.79 million. Masonite International Corporation had a return on equity of 14.13% and a net margin of 4.95%. The company's quarterly revenue was down.4% compared to the same quarter previous year. During the same period in the prior year, the company earned $0.57 earnings per share.
A number of equities analysts recently weighed in on the company.
05/09/2017 - Masonite International Corporation had its "buy" rating reiterated by analysts at Instinet. Out of 9 Wall Street analysts rating Masonite International, 8 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Nomura began coverage on shares of Masonite International Corporation in a research note on Wednesday, April 12th. On June 22 Macquarie kept the company rating at "Outperform" but moved up the price target from $74.00 to $82.00. Wedbush restated an "outperform" rating and issued a $85.00 target price on shares of Masonite International Corporation in a research note on Friday, June 16th. Nine research analysts have rated the stock with a buy rating, The stock has an average rating of "Buy" and an average target price of $79.44.
In other Masonite International Corporation news, executive Robert Edgar Lewis unloaded 3,500 stocks of the company's shares in a trade dated Mon, May 15th. SG Americas Securities LLC now owns 2,361 shares of the company's stock valued at $187,000 after buying an additional 264 shares during the period. The information was declared in a document with the Security and Exchange Commission, which is available at the Security and Exchange Commission website. Moreover, Praesidium Investment Management Company Llc has 4.7% invested in the company for 881,605 shares. Ameriprise Financial Inc. increased its stake in shares of Masonite International Corporation by 0.9% in the first quarter. Its position was worth $69,671,000 an increase of $2,512,000 according to the filing. Strs Ohio boosted its position in Masonite International Corporation by 533.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,656 shares of the company's stock valued at $125,000 after buying an additional 258 shares during the last quarter. Wellington Management Group LLP increased its stake in Masonite International Corporation by 20.2% in the first quarter. Finally, Norges Bank acquired a new stake in Masonite International Corporation during the fourth quarter valued at $15,770,000. Clearbridge Investments LLC now owns 955,984 shares of the company's stock worth $75,762,000 after buying an additional 397,684 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Masonite International Corporation by 18.5% in the second quarter. The Hotchkis & Wiley Capital Management Llc holds 900,411 shares with $59.25M value, up from 876,405 last quarter. Executives own 2.19% of the firms stock.More news: Preseason Week One vs. Falcons
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02/26/2016 - Masonite International Corporation was upgraded to " by analysts at Stephens. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 22.45 and a beta of 1.26. The lowest target is $72.0 while the high is $85.0.
Masonite International Corporation has a 50 day moving average of 75.77 and a 200 day moving average of 75.57.
RBC Capital Markets maintained Masonite International Corp (NYSE:DOOR) on Friday, November 6 with "Outperform" rating. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.