Shares of American Woodmark Corporation (NASDAQ:AMWD) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price target of $108.00 for the company and are anticipating that the company will post $1.24 earnings per share for the current quarter, according to Zacks. Zacks has also assigned American Woodmark Corporation an industry rank of 188 out of 265 based on the ratings given to related companies.
A number of research firms have weighed in on AMWD. Zacks Investment Research lowered shares of American Woodmark Corporation from a “buy” rating to a “sell” rating in a report on Tuesday, October 24th. BidaskClub downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 28th.
In other news, insider Steven Cary Dunston sold 500 shares of the company’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $99.35, for a total value of $49,675.00. Following the completion of the sale, the insider now owns 48,609 shares in the company, valued at approximately $4,829,304.15. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder William F. Brandt sold 1,000 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $83.50, for a total transaction of $83,500.00. Following the completion of the sale, the insider now owns 1,875,973 shares of the company’s stock, valued at approximately $156,643,745.50. The disclosure for this sale can be found here. Insiders have sold a total of 68,168 shares of company stock worth $6,296,889 in the last quarter. 1.10% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of AMWD. Riverhead Capital Management LLC grew its position in American Woodmark Corporation by 99.8% during the second quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock valued at $114,000 after buying an additional 599 shares during the period. Flinton Capital Management LLC grew its position in American Woodmark Corporation by 78.3% during the second quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock valued at $133,000 after buying an additional 612 shares during the period. Dubuque Bank & Trust Co. grew its position in American Woodmark Corporation by 8.7% during the second quarter. Dubuque Bank & Trust Co. now owns 1,654 shares of the company’s stock valued at $158,000 after buying an additional 132 shares during the period. SG Americas Securities LLC bought a new position in American Woodmark Corporation during the second quarter valued at about $172,000. Finally, Pinebridge Investments L.P. boosted its position in American Woodmark Corporation by 1.0% during the second quarter. Pinebridge Investments L.P. now owns 1,840 shares of the company’s stock worth $176,000 after purchasing an additional 18 shares during the period. Institutional investors own 78.39% of the company’s stock.
Shares of American Woodmark Corporation (NASDAQ AMWD) opened at $96.95 on Friday. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30. The company has a quick ratio of 3.00, a current ratio of 3.45 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1,580.00, a PE ratio of 21.94 and a beta of 1.55.
American Woodmark Corporation (NASDAQ:AMWD) last issued its earnings results on Tuesday, August 22nd. The company reported $1.23 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.14). The firm had revenue of $276.83 million during the quarter, compared to analyst estimates of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. American Woodmark Corporation’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.32 earnings per share. equities analysts expect that American Woodmark Corporation will post 4.92 earnings per share for the current fiscal year.
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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