Shares of Masonite International Corp (NYSE:DOOR) have received a consensus rating of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $62.00.

Several equities analysts have weighed in on the company. Royal Bank of Canada set a $58.00 target price on Masonite International and gave the company a “buy” rating in a research note on Tuesday, February 5th. Zacks Investment Research raised Masonite International from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. B. Riley lowered Masonite International from a “buy” rating to a “neutral” rating and cut their target price for the company from $66.00 to $56.00 in a research note on Friday, February 1st. Wedbush cut their target price on Masonite International from $60.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 19th. Finally, Nomura set a $70.00 target price on Masonite International and gave the company a “buy” rating in a research note on Monday, December 17th.

NYSE:DOOR traded up $0.31 during mid-day trading on Wednesday, hitting $55.13. The company had a trading volume of 883 shares, compared to its average volume of 140,931. Masonite International has a fifty-two week low of $43.76 and a fifty-two week high of $73.40. The company has a current ratio of 3.26, a quick ratio of 2.23 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 16.59 and a beta of 1.48.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of Masonite International by 1.1% during the fourth quarter. BlackRock Inc. now owns 1,988,052 shares of the company’s stock worth $89,124,000 after purchasing an additional 22,426 shares during the period. Ramsey Quantitative Systems acquired a new stake in shares of Masonite International during the fourth quarter worth about $204,000. Argent Trust Co acquired a new stake in shares of Masonite International during the fourth quarter worth about $226,000. Dupont Capital Management Corp raised its position in shares of Masonite International by 244.4% during the fourth quarter. Dupont Capital Management Corp now owns 39,404 shares of the company’s stock worth $1,766,000 after purchasing an additional 27,961 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of Masonite International by 2,061.9% during the fourth quarter. SG Americas Securities LLC now owns 54,221 shares of the company’s stock worth $2,431,000 after buying an additional 51,713 shares in the last quarter. 95.26% of the stock is currently owned by institutional investors.

Masonite International Company Profile

Masonite International Corporation designs, manufactures, and distributes 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 offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.

Further Reading: How can you know how many shares are floating?

Analyst Recommendations for Masonite International (NYSE:DOOR)

Receive News & Ratings for Masonite International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International and related companies with MarketBeat.com's FREE daily email newsletter.