American Woodmark (AMWD) Expected to Announce Earnings on Thursday

American Woodmark (NASDAQ:AMWD - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect American Woodmark to post earnings of $1.33 per share and revenue of $409.27 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

American Woodmark (NASDAQ:AMWD - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.27). The company had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

American Woodmark Stock Up 0.3 %

AMWD stock traded up $0.18 during mid-day trading on Friday, reaching $62.08. The company had a trading volume of 267,053 shares, compared to its average volume of 158,185. The firm has a fifty day simple moving average of $77.31 and a 200 day simple moving average of $86.79. The company has a market capitalization of $934.55 million, a price-to-earnings ratio of 9.28 and a beta of 1.61. American Woodmark has a fifty-two week low of $60.64 and a fifty-two week high of $106.57. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93.

Analyst Upgrades and Downgrades

AMWD has been the topic of a number of recent analyst reports. Loop Capital dropped their price objective on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a research report on Wednesday, November 27th. Wolfe Research cut American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Finally, Robert W. Baird increased their target price on shares of American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, American Woodmark currently has a consensus rating of "Hold" and a consensus price target of $114.00.

Insider Transactions at American Woodmark

In related news, Director James G. Davis sold 1,250 shares of the company's stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $80.79, for a total value of $100,987.50. Following the sale, the director now owns 24,573 shares in the company, valued at $1,985,252.67. This represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Michael Scott Culbreth sold 3,500 shares of American Woodmark stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $90.10, for a total value of $315,350.00. Following the transaction, the chief executive officer now directly owns 106,432 shares of the company's stock, valued at approximately $9,589,523.20. This represents a 3.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,250 shares of company stock valued at $789,898. Corporate insiders own 1.30% of the company's stock.

About American Woodmark

American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.