Masonite International (NYSE:DOOR) Upgraded by Zacks Investment Research to Buy

Masonite International stock has undergone multiple analysts rating changes in the recent past.  Masonite International Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Masonite International traded up $0.16 on Tuesday, reaching $109.36. 0 shares of the stock traded hands, compared to its average volume of 120530. Shares of Masonite International were trading at $109.36 on Tuesday. The firm’s 50 day moving average is $114.25 and its 200 day moving average is $113.85.Masonite International has a 12 month low of $109.15 and a 12 month high of $132.22. While on yearly highs and lows, Masonite International’s today has traded high as $110.20 and has touched $109.15 on the downward trend. See More Analyst Rating at: RATING

Masonite International Earnings and What to expect: 

Masonite International last released its earnings results on August 8th, 2021. The reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.11. The business earned $662.41 million during the quarter, compared to analysts’ expectations of $634.28 million. Its revenue was up 32.6% on a year-over-year basis. Masonite International has generated $6.15 earnings per share over the last year ($3.49 diluted earnings per share) and currently has a price-to-earnings ratio of 31.3. Earnings for Masonite International are expected to grow by 18.33% in the coming year, from $8.62 to $10.20 per share. Masonite International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 1st, 2021 based off prior year’s report dates.

Earnings for Masonite International are expected to grow by 18.33% in the coming year, from $8.62 to $10.20 per share. The P/E ratio of Masonite International is 31.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.76. The P/E ratio of Masonite International is 31.34, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.88. Masonite International has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Masonite International (NYSE:DOOR) Moving Average Technical Analysis

5 day Moving Average is $109.43 And 5 day price change is $1.31 (1.21%)  with average volume for 5 day average is 86,760. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $109.10 and 20 day price change is -$1.43 (-1.29%) and average 20 day moving volume is 130,655. 50 day moving average is $114.25  and 50 day price change is -$3.28 ( -2.91%)  and with average volume for 50 days is : 124,278. 200 day moving average is $113.85  and 200 day price change is $8.03 (7.92%)  and with average volume for 200 days is : 134,982.

Other owners latest trading in Masonite International :

  • On 10/12/2021 shares held by First Hawaiian Bank were 5,210 which equates to market value of $0.55M and appx 0.00% owners of Masonite International
  • On 9/24/2021 shares held by Thrivent Financial for Lutherans were 12,796 which equates to market value of $1.43M and appx 0.00% owners of Masonite International
  • On 9/17/2021 shares held by Virtu Financial LLC were 4,852 which equates to market value of $0.54M and appx 0.10% owners of Masonite International
  • In total Institutional ownership equates to Institutional Ownership Percentage: 98.36% for Masonite International

See More Analyst Rating at: RATING