Media stories about American Woodmark Corporation (NASDAQ:AMWD) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Woodmark Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.5659440697367 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of equities research analysts have commented on AMWD shares. Zacks Investment Research cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, BidaskClub cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Friday, July 28th.
Shares of American Woodmark Corporation (NASDAQ:AMWD) traded up 3.93% on Friday, hitting $92.65. The stock had a trading volume of 72,346 shares. The stock has a 50 day moving average price of $89.52 and a 200-day moving average price of $91.51. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 21.15 and a beta of 1.41. American Woodmark Corporation has a 12-month low of $69.65 and a 12-month high of $107.30.
American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). The business had revenue of $276.83 million for the quarter, compared to analysts’ expectations of $278.80 million. American Woodmark Corporation had a return on equity of 20.89% and a net margin of 6.85%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.32 earnings per share. On average, equities analysts expect that American Woodmark Corporation will post $4.94 earnings per share for the current year.
In other news, Director Vance W. Tang sold 1,700 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $90.05, for a total value of $153,085.00. Following the completion of the sale, the director now directly owns 11,170 shares of the company’s stock, valued at approximately $1,005,858.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel T. Hendrix sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $80.63, for a total value of $241,890.00. Following the completion of the sale, the director now directly owns 7,155 shares of the company’s stock, valued at $576,907.65. The disclosure for this sale can be found here. Insiders have sold a total of 21,200 shares of company stock valued at $1,951,100 over the last ninety days. 1.10% of the stock is owned by company insiders.
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American Woodmark Corporation Company Profile
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.
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