Brokerages predict that Masonite International Corp (NYSE:DOOR) will announce earnings per share (EPS) of $1.15 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Masonite International’s earnings. The lowest EPS estimate is $1.05 and the highest is $1.30. Masonite International posted earnings of $1.24 per share in the same quarter last year, which would indicate a negative year over year growth rate of 7.3%. The business is scheduled to report its next earnings report after the market closes on Monday, August 5th.

On average, analysts expect that Masonite International will report full-year earnings of $3.94 per share for the current financial year, with EPS estimates ranging from $3.80 to $4.10. For the next year, analysts expect that the firm will report earnings of $4.62 per share, with EPS estimates ranging from $4.35 to $4.90. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Masonite International.

Masonite International (NYSE:DOOR) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $530.00 million for the quarter, compared to the consensus estimate of $531.46 million. Masonite International had a return on equity of 15.58% and a net margin of 3.47%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 earnings per share.

A number of equities analysts recently issued reports on DOOR shares. Wedbush restated an “outperform” rating and issued a $60.00 target price on shares of Activision Blizzard in a research note on Monday, April 1st. Robert W. Baird initiated coverage on Rocket Pharmaceuticals in a research report on Monday, April 22nd. They set an “outperform” rating on the stock. ValuEngine cut Whiting USA Trust II from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th. JPMorgan Chase & Co. raised their target price on shares of Masonite International from $66.00 to $71.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. Finally, Royal Bank of Canada set a $60.00 target price on shares of Masonite International and gave the stock a “buy” rating in a research note on Friday, May 3rd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $60.88.

Masonite International stock traded down $1.83 during mid-day trading on Wednesday, reaching $52.61. 1,490 shares of the company were exchanged, compared to its average volume of 131,047. Masonite International has a 12-month low of $43.76 and a 12-month high of $72.00. The firm’s fifty day moving average is $51.91. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.69 and a current ratio of 2.73. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 14.44 and a beta of 1.43.

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP acquired a new position in Masonite International during the first quarter worth about $37,000. Quadrant Capital Group LLC grew its position in Masonite International by 2,540.0% during the first quarter. Quadrant Capital Group LLC now owns 1,056 shares of the company’s stock worth $50,000 after buying an additional 1,016 shares during the period. Marshall Wace North America L.P. grew its position in Masonite International by 85.5% during the first quarter. Marshall Wace North America L.P. now owns 1,441 shares of the company’s stock worth $72,000 after buying an additional 664 shares during the period. NumerixS Investment Technologies Inc grew its position in shares of Masonite International by 63.6% in the first quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the company’s stock valued at $90,000 after purchasing an additional 700 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of Masonite International by 3,466.0% in the first quarter. Rockefeller Capital Management L.P. now owns 1,890 shares of the company’s stock valued at $95,000 after purchasing an additional 1,837 shares during the last quarter. Institutional investors own 96.82% of the company’s stock.

About Masonite International

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.

Featured Article: When is a capital gain realized?

Get a free copy of the Zacks research report on Masonite International (DOOR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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.