Masonite International Corp (DOOR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials.

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Stocks Info

This NYSE-listed company operates within the Building Products & Equipment industry segment, falling under the Industrials sector. The current market capitalization of Masonite International Corp is $2.84B. A total of 1.4 million shares were traded on the day, compared to an average of 3.41 shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, DOOR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 18 SELLs from insiders. Insiders purchased 52,704 shares during that period but sold 17,457.

In the most recent transaction, Steinfeld Jay Ira bought 600 shares of DOOR for 81.97 per share on Nov 10. After the transaction, the Director now owns 6,217 company shares. In a previous transaction on Jun 02, Shellabarger Catherine Anne sold 803 shares at 93.50 per share. DOOR shares that VP & Chief Accounting Officer owns now total 3,769.

Among the insiders who sold shares, Legall Alexander Albert disposed of 1,700 shares on May 11 at a per-share price of $92.01. This resulted in the insider holding 3,257 shares of DOOR after the transaction. In another insider transaction, Byrne Robert J sold 2,500 shares at $90.58 per share on Mar 03. Company shares held by the Director now total 946.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DOOR in the last 3 months, the mean price target is $115.44 with high estimates of $133.00 and low estimates of $87.00. In terms of 52-week highs and lows, DOOR has a high of $130.67 and a low of $76.87.

As of this writing, DOOR has an earnings estimate of $1.31 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.25. The company reported an EPS of $2.3 in the last quarter, which was 14.40% higher than expectations of $2.01.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DOOR’s latest balance sheet shows that the firm has $381.39M in Cash & Short Term Investments as of fiscal 2021. There were $1.06B in debt and $384.64M in liabilities at the time. Its Book Value Per Share was $38.61, while its Total Shareholder’s Equity was $699.78M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DOOR is Buy with a score of 4.11.

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