Reaffirmed: Masonite International (NYSE:DOOR) Buy Rating Reaffirmed by Analysts at B. Riley FBR; $66 Target in Place

November 9, 2018 - By Clifton Ray

Masonite International Corporation (NYSE:DOOR) Logo

Investors sentiment decreased to 1.06 in Q2 2018. Its down 0.25, from 1.31 in 2018Q1. It turned negative, as 20 investors sold Masonite International Corporation shares while 49 reduced holdings. 20 funds opened positions while 53 raised stakes. 25.23 million shares or 1.15% less from 25.53 million shares in 2018Q1 were reported.

Ny State Common Retirement Fund has invested 0% in Masonite International Corporation (NYSE:DOOR). Stone Ridge Asset Management Limited Liability Corp reported 5,430 shares or 0.02% of all its holdings. Sei Invests owns 165,192 shares. Hound Prtn Ltd Company reported 0.63% stake. Kornitzer Capital Management Ks reported 0.14% stake. Bb&T Corporation holds 0.01% or 4,639 shares in its portfolio. Renaissance Techs Lc has invested 0.02% in Masonite International Corporation (NYSE:DOOR). Advisory has 0.6% invested in Masonite International Corporation (NYSE:DOOR). North Carolina-based Sterling Ltd has invested 0.01% in Masonite International Corporation (NYSE:DOOR). Royal Savings Bank Of Canada accumulated 0.01% or 204,927 shares. Moreover, Etrade Capital has 0.01% invested in Masonite International Corporation (NYSE:DOOR) for 4,292 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Masonite International Corporation (NYSE:DOOR) for 1,947 shares. Wealthtrust invested in 111 shares or 0% of the stock. Proshare Ltd invested in 3,608 shares. 10,156 were reported by Rmb Management Ltd Liability.

Since August 15, 2018, it had 0 insider buys, and 2 insider sales for $1.18 million activity. The insider LORCH GEORGE A sold $878,592.

Masonite International (NYSE:DOOR) Rating Reaffirmed

Recently, In a note sent to investors on 8 November, Masonite International (NYSE:DOOR) shares have had their Buy Rating reaffirmed by expert analysts at B. Riley FBR, who currently has a $66 target on company. This target by B. Riley FBR would suggest the possibile upside of 21.10 % from the current stock price.

Masonite International Corporation (NYSE:DOOR) Ratings Coverage

Among 4 analysts covering Masonite International (NYSE:DOOR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Masonite International has $80 highest and $66 lowest target. $71.75’s average target is 31.65% above currents $54.5 stock price. Masonite International had 5 analyst reports since August 13, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, November 8 by Robert W. Baird. The company was maintained on Monday, August 13 by FBR Capital. Nomura maintained the shares of DOOR in report on Tuesday, October 9 with “Buy” rating. The company was maintained on Thursday, November 8 by FBR Capital. As per Monday, October 8, the company rating was maintained by RBC Capital Markets.

The stock increased 0.61% or $0.33 during the last trading session, reaching $54.5. About 289,721 shares traded or 61.08% up from the average. Masonite International Corporation (NYSE:DOOR) has risen 6.75% since November 9, 2017 and is uptrending. It has underperformed by 8.87% the S&P500.

Masonite International Corporation designs, makes, and sells 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 has market cap of $1.50 billion. It offers molded panel, flush, stile and rail, routed medium-density fiberboard , steel, or fiberglass residential doors. It has a 10 P/E ratio. The firm also provides various door components, including interior door facings, agri-fiber and particleboard door cores, MDFs, wood cut-stock components, critical door components, wood veneer door skins, and mineral and particleboard door cores.

More recent Masonite International Corporation (NYSE:DOOR) news were published by: Streetinsider.com which released: “Masonite Int’l (DOOR) Reports Acquisition of Bridgewater Wholesalers Inc.” on November 05, 2018. Also Streetinsider.com published the news titled: “Masonite Int’l (DOOR) Misses Q3 EPS by 5c, Revenues Miss” on November 06, 2018. Bizjournals.com‘s news article titled: “Masonite acquires New Jersey wholesaler for $23 million” with publication date: November 06, 2018 was also an interesting one.

Masonite International Corporation (NYSE:DOOR) Institutional Positions Chart

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