Masonite International Corp. (NYSE:DOOR) insider Russell Thane Tiejema purchased 3,500 shares of Masonite International Corp. stock in a transaction dated Tuesday, November 22nd. The stock was acquired at an average cost of $67.47 per share, with a total value of $236,145.00. Following the completion of the acquisition, the insider now directly owns 16,960 shares in the company, valued at $1,144,291.20. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Masonite International Corp. (NYSE:DOOR) opened at 67.15 on Thursday. The stock has a market cap of $2.01 billion, a P/E ratio of 29.84 and a beta of 1.10. Masonite International Corp. has a 52-week low of $45.14 and a 52-week high of $72.75. The firm’s 50-day moving average price is $61.01 and its 200 day moving average price is $65.88.

Masonite International Corp. (NYSE:DOOR) last released its earnings results on Tuesday, November 8th. The company reported $0.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.18. Masonite International Corp. had a net margin of 3.54% and a return on equity of 14.01%. The business earned $489.65 million during the quarter, compared to analysts’ expectations of $503.66 million. During the same quarter last year, the company earned ($0.53) earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. Equities analysts predict that Masonite International Corp. will post $3.15 earnings per share for the current year.

Insider Buying and Selling by Quarter for Masonite International Corp. (NYSE:DOOR)

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in Masonite International Corp. by 105.7% in the first quarter. BlackRock Inc. now owns 2,220 shares of the company’s stock valued at $146,000 after buying an additional 1,141 shares during the last quarter. State Street Corp boosted its stake in Masonite International Corp. by 50.6% in the first quarter. State Street Corp now owns 748,081 shares of the company’s stock valued at $49,001,000 after buying an additional 251,389 shares during the last quarter. Barclays PLC boosted its stake in Masonite International Corp. by 476.7% in the first quarter. Barclays PLC now owns 35,077 shares of the company’s stock valued at $2,280,000 after buying an additional 28,995 shares during the last quarter. Lorber David A bought a new stake in Masonite International Corp. during the first quarter valued at $152,000. Finally, Boothbay Fund Management LLC bought a new stake in Masonite International Corp. during the first quarter valued at $267,000.

DOOR has been the subject of several recent analyst reports. Zacks Investment Research raised Masonite International Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Imperial Capital reduced their price target on Masonite International Corp. from $80.00 to $77.00 and set an “outperform” rating for the company in a report on Friday, August 12th. Wedbush reaffirmed an “outperform” rating and issued a $72.00 price objective on shares of Masonite International Corp. in a research note on Friday, August 12th. FBR & Co reaffirmed a “buy” rating and issued a $89.00 price objective on shares of Masonite International Corp. in a research note on Wednesday, August 17th. Finally, TheStreet downgraded Masonite International Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, September 29th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $76.25.

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About Masonite International Corp.

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

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