Masonite International Corp (NYSE: DOOR) has a higher price-to-earnings ratio of 24.99x compared to its average ratio. DOOR has 36-month beta value of 1.63. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for DOOR is 21.65M, and currently, short sellers hold a 3.09% ratio of that float. The average trading volume of DOOR on April 26, 2024 was 695.54K shares.
DOOR) stock’s latest price update
Masonite International Corp (NYSE: DOOR)’s stock price has plunge by 0.11relation to previous closing price of 131.60. Nevertheless, the company has seen a 0.27% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-18 that Here is how Masonite (DOOR) and Holcim Ltd Unsponsored ADR (HCMLY) have performed compared to their sector so far this year.
DOOR’s Market Performance
DOOR’s stock has risen by 0.27% in the past week, with a monthly rise of 0.37% and a quarterly rise of 44.00%. The volatility ratio for the week is 0.43% while the volatility levels for the last 30 days are 0.40% for Masonite International Corp The simple moving average for the past 20 days is 0.49% for DOOR’s stock, with a 28.37% simple moving average for the past 200 days.
Analysts’ Opinion of DOOR
Many brokerage firms have already submitted their reports for DOOR stocks, with Oppenheimer repeating the rating for DOOR by listing it as a “Outperform.” The predicted price for DOOR in the upcoming period, according to Oppenheimer is $115 based on the research report published on January 19, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see DOOR reach a price target of $92, previously predicting the price at $106. The rating they have provided for DOOR stocks is “Neutral” according to the report published on December 19th, 2023.
Wedbush gave a rating of “Neutral” to DOOR, setting the target price at $92 in the report published on December 18th of the previous year.
DOOR Trading at 0.76% from the 50-Day Moving Average
After a stumble in the market that brought DOOR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.14% of loss for the given period.
Volatility was left at 0.40%, however, over the last 30 days, the volatility rate increased by 0.43%, as shares surge +0.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.53% upper at present.
During the last 5 trading sessions, DOOR rose by +0.27%, which changed the moving average for the period of 200-days by +33.15% in comparison to the 20-day moving average, which settled at $131.14. In addition, Masonite International Corp saw 55.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOOR starting from Ball Christopher O, who sale 396 shares at the price of $130.06 back on Feb 27 ’24. After this action, Ball Christopher O now owns 13,263 shares of Masonite International Corp, valued at $51,504 using the latest closing price.
Pelletier James C, the SVP, GC & Corporate Secretary of Masonite International Corp, sale 262 shares at $130.06 during a trade that took place back on Feb 27 ’24, which means that Pelletier James C is holding 12,739 shares at $34,076 based on the most recent closing price.
Stock Fundamentals for DOOR
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.24 for the gross margin
The net margin for Masonite International Corp stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 14.96, with 4.79 for asset returns.
Based on Masonite International Corp (DOOR), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 386.14 million with net debt to EBITDA at 3.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.44. The receivables turnover for the company is 8.02for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.42.
Conclusion
To put it simply, Masonite International Corp (DOOR) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
