Fintel reports that on August 10, 2023, Benchmark maintained coverage of Masonite International (NYSE:DOOR) with a Buy recommendation.
Analyst Price Forecast Suggests 12.32% Upside
As of August 2, 2023, the average one-year price target for Masonite International is 117.64. The forecasts range from a low of 105.04 to a high of $131.25. The average price target represents an increase of 12.32% from its latest reported closing price of 104.74.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Masonite International is 2,926MM, an increase of 1.90%. The projected annual non-GAAP EPS is 9.50.
What is the Fund Sentiment?
There are 463 funds or institutions reporting positions in Masonite International. This is a decrease of 12 owner(s) or 2.53% in the last quarter. Average portfolio weight of all funds dedicated to DOOR is 0.32%, an increase of 11.07%. Total shares owned by institutions increased in the last three months by 1.78% to 29,562K shares. 
The put/call ratio of DOOR is 0.23, indicating a bullish outlook.
What are Other Shareholders Doing?
Clearbridge Investments holds 1,847K shares representing 8.35% ownership of the company. In it's prior filing, the firm reported owning 1,854K shares, representing a decrease of 0.40%. The firm increased its portfolio allocation in DOOR by 8.51% over the last quarter.
Alliancebernstein holds 1,351K shares representing 6.11% ownership of the company. In it's prior filing, the firm reported owning 1,487K shares, representing a decrease of 10.06%. The firm decreased its portfolio allocation in DOOR by 2.60% over the last quarter.
Franklin Resources holds 1,095K shares representing 4.95% ownership of the company. In it's prior filing, the firm reported owning 901K shares, representing an increase of 17.73%. The firm decreased its portfolio allocation in DOOR by 70.69% over the last quarter.
Pzena Investment Management holds 804K shares representing 3.64% ownership of the company. In it's prior filing, the firm reported owning 834K shares, representing a decrease of 3.70%. The firm increased its portfolio allocation in DOOR by 7.16% over the last quarter.
Praesidium Investment Management Company holds 798K shares representing 3.61% ownership of the company. In it's prior filing, the firm reported owning 1,328K shares, representing a decrease of 66.35%. The firm decreased its portfolio allocation in DOOR by 39.82% over the last quarter.
Masonite International Background Information
(This description is provided by the company.)
Masonite International Corporation is a leading global designer, manufacturer and distributor of interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves approximately 8,500 customers in 60 countries.
Additional reading:
- Masonite International Corporation Reports Solid Second Quarter Results Including Record Cash Flow Performance
- PERFORMANCE RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO THE MASONITE INTERNATIONAL CORPORATION 2021 OMNIBUS INCENTIVE PLAN UNITED STATES * * * * *
- Masonite International Corporation Reports Solid Start to 2023
- EPI Holdings, Inc. and Subsidiaries Consolidated Financial Statements Year Ended November 30, 2022 EPI Holdings, Inc. and Subsidiaries Consolidated Financial Statements Year Ended November 30, 2022 EPI Holdings, Inc. and Subsidiaries Contents Indepen
- MASONITE INTERNATIONAL CORPORATION Unaudited Pro Forma Condensed Combined Financial Statements
This story originally appeared on Fintel.
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