AMWD has been the topic of a number of other reports. BidaskClub lowered shares of American Woodmark from a strong-buy rating to a buy rating in a research note on Monday, June 18th. Wells Fargo & Co assumed coverage on shares of American Woodmark in a research note on Wednesday, June 27th. They set a market perform rating and a $100.00 target price on the stock. ValuEngine lowered shares of American Woodmark from a hold rating to a sell rating in a research note on Monday, July 2nd. Finally, Zacks Investment Research lowered shares of American Woodmark from a strong-buy rating to a hold rating in a research note on Tuesday, July 31st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $114.75.
Shares of AMWD opened at $66.71 on Tuesday. The stock has a market cap of $1.38 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 1.14 and a beta of 1.89. American Woodmark has a 1 year low of $66.15 and a 1 year high of $148.44. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.35 and a current ratio of 2.06.
American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Monday, August 27th. The company reported $2.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.92 by $0.12. The business had revenue of $429.00 million for the quarter, compared to analysts’ expectations of $429.13 million. American Woodmark had a net margin of 4.68% and a return on equity of 18.61%. The business’s quarterly revenue was up 55.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 earnings per share. As a group, analysts predict that American Woodmark will post 7.62 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. Cutler Group LP increased its stake in shares of American Woodmark by 1,010.0% during the second quarter. Cutler Group LP now owns 1,110 shares of the company’s stock worth $101,000 after buying an additional 1,010 shares during the period. Bronfman E.L. Rothschild L.P. increased its stake in shares of American Woodmark by 149.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,319 shares of the company’s stock worth $121,000 after buying an additional 790 shares during the period. NumerixS Investment Technologies Inc increased its stake in shares of American Woodmark by 375.0% during the second quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the company’s stock worth $172,000 after buying an additional 1,500 shares during the period. Amalgamated Bank purchased a new stake in shares of American Woodmark during the second quarter worth approximately $210,000. Finally, Verition Fund Management LLC purchased a new stake in shares of American Woodmark during the second quarter worth approximately $211,000. Hedge funds and other institutional investors own 81.74% of the company’s stock.
American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.
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