Equities analysts forecast that Masonite International Corp (NYSE:DOOR) will report $511.64 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Masonite International’s earnings, with the lowest sales estimate coming in at $504.10 million and the highest estimate coming in at $521.06 million. Masonite International reported sales of $481.03 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.4%. The firm is expected to report its next earnings results after the market closes on Wednesday, February 21st.

On average, analysts expect that Masonite International will report full year sales of $511.64 million for the current year, with estimates ranging from $2.03 billion to $2.05 billion. For the next financial year, analysts expect that the company will post sales of $2.14 billion per share, with estimates ranging from $2.11 billion to $2.17 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Masonite International.

DOOR has been the subject of a number of research analyst reports. B. Riley reissued a “buy” rating on shares of Masonite International in a research note on Wednesday, November 1st. BidaskClub cut Masonite International from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 1st. Zacks Investment Research raised Masonite International from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Robert W. Baird reaffirmed a “buy” rating and set a $72.00 price objective on shares of Masonite International in a research report on Friday, October 20th. Finally, TheStreet raised Masonite International from a “c+” rating to a “b” rating in a research report on Friday, November 24th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $76.60.

In other news, insider Robert Edgar Lewis sold 1,400 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $70.52, for a total transaction of $98,728.00. Following the completion of the transaction, the insider now directly owns 22,518 shares of the company’s stock, valued at $1,587,969.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Wills sold 1,015 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $72.70, for a total value of $73,790.50. The disclosure for this sale can be found here. Insiders have sold 4,015 shares of company stock valued at $288,263 over the last ninety days. 2.19% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of DOOR. Public Employees Retirement System of Ohio boosted its position in Masonite International by 6.9% during the second quarter. Public Employees Retirement System of Ohio now owns 1,573 shares of the company’s stock valued at $119,000 after purchasing an additional 101 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Masonite International during the third quarter valued at approximately $221,000. First Republic Investment Management Inc. acquired a new position in Masonite International during the third quarter valued at approximately $225,000. California Public Employees Retirement System boosted its position in Masonite International by 14.3% during the second quarter. California Public Employees Retirement System now owns 3,200 shares of the company’s stock valued at $242,000 after purchasing an additional 400 shares during the last quarter. Finally, Koch Industries Inc. acquired a new position in Masonite International during the second quarter valued at approximately $248,000.

Masonite International (NYSE DOOR) traded up $0.20 during trading hours on Tuesday, reaching $67.20. The company’s stock had a trading volume of 214,371 shares, compared to its average volume of 158,357. Masonite International has a 1 year low of $50.40 and a 1 year high of $85.30. The company has a current ratio of 3.12, a quick ratio of 2.05 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $1,913.25, a PE ratio of 21.27 and a beta of 1.18.

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About Masonite International

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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