Masonite International Co. (NYSE:DOOR – Get Rating) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 443,800 shares, a decline of 10.7% from the August 15th total of 497,200 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 155,000 shares, the short-interest ratio is currently 2.9 days.

Masonite International Stock Up 2.1 %

Shares of NYSE DOOR traded up $1.56 during trading hours on Wednesday, hitting $74.56. 2,382 shares of the stock were exchanged, compared to its average volume of 145,890. The company has a quick ratio of 1.77, a current ratio of 2.85 and a debt-to-equity ratio of 1.31. The company has a market cap of $1.66 billion, a PE ratio of 12.27 and a beta of 1.72. The firm has a fifty day moving average price of $85.40 and a 200-day moving average price of $84.86. Masonite International has a 12 month low of $69.41 and a 12 month high of $128.87.

Masonite International (NYSE:DOOR – Get Rating) last posted its quarterly earnings data on Monday, August 8th. The company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.43 by $0.15. The firm had revenue of $762.00 million during the quarter, compared to analyst estimates of $725.81 million. Masonite International had a net margin of 4.99% and a return on equity of 32.68%. Masonite International's revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.23 EPS. On average, sell-side analysts expect that Masonite International will post 10.34 EPS for the current year.

Hedge Funds Weigh In On Masonite International

Wall Street Analyst Weigh In

A number of research firms recently commented on DOOR. JPMorgan Chase & Co. dropped their price target on shares of Masonite International from $110.00 to $93.00 in a research note on Friday, July 15th. Robert W. Baird lifted their price target on shares of Masonite International from $102.00 to $104.00 in a research note on Wednesday, August 10th. StockNews.com raised shares of Masonite International from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft started coverage on shares of Masonite International in a research report on Wednesday, August 17th. They issued a "buy" rating and a $135.00 price objective for the company. Finally, TheStreet cut shares of Masonite International from a "b" rating to a "c+" rating in a research report on Wednesday, September 14th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $120.80.

Masonite International Company Profile

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

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