Fintel reports that on September 19, 2023, Wedbush reiterated coverage of Masonite International (NYSE:DOOR) with a Outperform recommendation.
Analyst Price Forecast Suggests 31.18% Upside
As of August 31, 2023, the average one-year price target for Masonite International is 124.57. The forecasts range from a low of 107.06 to a high of $139.65. The average price target represents an increase of 31.18% from its latest reported closing price of 94.96.
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 456 funds or institutions reporting positions in Masonite International. This is a decrease of 9 owner(s) or 1.94% in the last quarter. Average portfolio weight of all funds dedicated to DOOR is 0.32%, an increase of 6.54%. Total shares owned by institutions decreased in the last three months by 1.19% to 28,886K shares. 
The put/call ratio of DOOR is 0.13, indicating a bullish outlook.
What are Other Shareholders Doing?
Clearbridge Investments holds 1,595K shares representing 7.25% ownership of the company. In it's prior filing, the firm reported owning 1,847K shares, representing a decrease of 15.83%. The firm decreased its portfolio allocation in DOOR by 7.98% over the last quarter.
Franklin Resources holds 1,222K shares representing 5.55% ownership of the company. In it's prior filing, the firm reported owning 1,095K shares, representing an increase of 10.42%. The firm increased its portfolio allocation in DOOR by 438.13% over the last quarter.
Alliancebernstein holds 1,019K shares representing 4.63% ownership of the company. In it's prior filing, the firm reported owning 1,351K shares, representing a decrease of 32.63%. The firm decreased its portfolio allocation in DOOR by 18.90% over the last quarter.
Pzena Investment Management holds 804K shares representing 3.66% 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 7.59% over the last quarter.
Praesidium Investment Management Company holds 712K shares representing 3.24% ownership of the company. In it's prior filing, the firm reported owning 798K shares, representing a decrease of 12.10%. The firm increased its portfolio allocation in DOOR by 1.25% 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.
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