Masonite International (NYSE:DOOR) Target Raised by Robert W. Baird to $72.00

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Masonite International stock has undergone multiple analysts rating changes in the recent past.  Masonite International stock Target Raised by   Robert W. Baird on 6/29/2020. In a note to investors, the firm issued a new target price of $72.00. The analysts previously had $64.00 target price. Robert W. Baird’s price target would indicate a potential upside of 0.52% from the stock’s previous close.

Shares of Masonite International traded up $5.24 on Monday, reaching $76.87. 187870 shares of the stock traded hands, compared to its average volume of 179547. Shares of were trading at $76.87 on Monday. The firm’s 50 day moving average is $$63.49 and its 200 day moving average is $65.03.Masonite International  has a 12 month low of $72.68 and a 12 month high of $89.21. While on yearly highs and lows, Masonite International today has traded high as $78.00 and has touched $72.68 on the downward trend.

Masonite International Earnings and What to expect: 

Masonite International last posted its earnings data on May 5th, 2020. The reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.62. The business had revenue of $551.23 million for the quarter, compared to the consensus estimate of $521.66 million. Its quarterly revenue was up 3.9% compared to the same quarter last year. Masonite International has generated $3.66 earnings per share over the last year and currently has a price-to-earnings ratio of 25.6. Masonite International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, August 3rd, 2020 based off prior year’s report dates.

Earnings for Masonite International are expected to grow by 53.90% in the coming year, from $2.69 to $4.14 per share. The P/E ratio of Masonite International is 25.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.03. The P/E ratio of Masonite International is 25.58, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 31.25. Masonite International has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.49%
  • On 5/27/2020 Insider Robert Paxton Sell 3,195 at average share price of $71.36 which equates to $227,995.20 in money value.
  • On 11/7/2019 Insider Robert Edgar Lewis Sell 1,500 at average price of  $64.10 with total value of : Not Data Available
  • On 3/1/2019 Insider Robert Edgar Lewis Sell 1,000 at average price of  $55.28 with total value of : $55,280.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Masonite International

  • 6/19/2020 – Masonite International had its price target raised by analysts at Stifel Nicolaus from $72.00 to $85.00. They now have a “buy” rating on the stock.
  • 6/18/2020 – Masonite International had its price target raised by analysts at Benchmark Co. from $77.00 to $81.00. They now have a “buy” rating on the stock.
  • 6/11/2020 – Masonite International was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $75.00 price target on the stock.
  • 6/2/2020 – Masonite International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating.
  • See More Analyst Rating at: RATING

Other rating updates by Robert W. Baird: 

  • 6/26/2020 – Accenture had its price target raised by analysts at Robert W. Baird from $216.00 to $222.00. They now have a “neutral” rating on the stock.
  • 6/26/2020 – Corelogic had its price target raised by analysts at Robert W. Baird from $52.00 to $55.00. They now have a “neutral” rating on the stock.
  • 6/26/2020 – Catalent had its price target raised by analysts at Robert W. Baird from $74.00 to $80.00. They now have an “outperform” rating on the stock.
  • 6/26/2020 – Darden Restaurants had its price target lowered by analysts at Robert W. Baird from $90.00 to $82.00. They now have a “neutral” rating on the stock.
  • See More Analyst Rating at: RATING

Masonite International (NYSE:DOOR) Moving Average Technical Analysis

5 day Moving Average is $$68.61 And 5 day price change is $3.68 (5.42%)  with average volume for 5 day average is 264,760. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $70.72 and 20 day price change is $5.25 (7.91%) and average 20 day moving volume is 183,100. 50 day moving average is $63.49  and 50 day price change is $27.48 ( 62.24%)  and with average volume for 50 days is : 190,380. 200 day moving average is $65.03  and 200 day price change is $13.88 (24.03%)  and with average volume for 200 days is : 194,206.

See More Analyst Rating at: RATING