Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Nomura Stick to Their Buy Rating for Masonite International

Published 06/07/2020, 10:09 PM
Updated 06/07/2020, 10:09 PM


Nomura analyst Mike Wood maintained a Buy rating on Masonite International (NYSE:DOOR) on Friday, setting a price target of $95, which is approximately 23.60% above the present share price of $76.86.

Wood expects Masonite International to post earnings per share (EPS) of $1.20 for the second quarter of 2020.

The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Masonite International, with an average price target of $76.29.
The analysts price targets range from a high of $95 to a low of $64.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $551.23 million and a net profit of $53.95 million. The company's market cap is $1.88 billion.

According to TipRanks.com, Nomura analyst Mike Wood is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 53.33% success rate.

Masonite International Corp . designs and manufactures of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets. The company markets and sells its products to remodeling contractors, builders, homeowners, retailers, dealers, lumberyards, commercial and general contractors and architects through well-established wholesale and retail distribution channels. Its reportable segments are organized and managed principally by geographic region: North America; Europe, Asia & Latin America; and Africa. The North America segment operates through three sub segments: Retail, Wholesale and Commercial. The Europe, Asia and Latin America segment includes operations in United Kingdom, France, Central Eastern Europe, Asia & South America and Israel. The company's business roots back to 1925 and was founded on April 16, 2009 and is headquartered in Tampa, FL.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.