- Strong new housing activity should support healthy volumes and pricing power for Masonite in 2021, and new household formation growth should drive ongoing growth in housing beyond 2021.
- Management is getting more serious about product innovation and driving growth through more targeted marketing, while manufacturing and efficiency initiatives can drive long-awaited margin improvements.
- The market doesn't seem to fully believe in the Masonite improvement / growth story, and the shares look undervalued today.
For further details see:
Masonite Looking Undervalued As Improvement Initiatives Take Hold