For its first fiscal quarter (ending March 31), Masonite International Corp (NYSE: DOOR) has reported a 60% increase in E.P.S. from $1.74 a year ago to $2.79 in the current quarter. This performance was $0.39 better than the consensus estimate of $2.40. E.P.S. were $6.41 for the latest four quarters through March 31 versus $8.30 for the same period a year ago — a decline of -23%.
Recent Price Action
On 5/6/24, Masonite International Corp (NYSE: DOOR) stock declined slightly by -0.02%, closing at $132.68. This decline was accompanied by normal trading volume. The stock has risen 0.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, DOOR is expected to continue to be a major Value Builder.
Masonite International has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Masonite International has a neutral Appreciation Score of 42 but a very high Power Rating of 96, and the Positive Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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