American Woodmark (AMWD) Expected to Announce Earnings on Thursday

American Woodmark (NASDAQ:AMWD - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect American Woodmark to post earnings of $1.33 per share and revenue of $409.27 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $2.08 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.29). The firm had revenue of $452.50 million for the quarter, compared to the consensus estimate of $458.29 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The business's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.36 earnings per share.

American Woodmark Stock Down 4.0 %

Shares of NASDAQ AMWD traded down $2.92 during trading hours on Friday, hitting $70.30. The company had a trading volume of 52,721 shares, compared to its average volume of 136,052. The firm's 50 day moving average is $79.05 and its 200-day moving average is $87.71. American Woodmark has a 1-year low of $69.94 and a 1-year high of $106.57. The stock has a market capitalization of $1.06 billion, a P/E ratio of 10.51 and a beta of 1.61. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40.

Analysts Set New Price Targets

Several brokerages have issued reports on AMWD. Wolfe Research lowered American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. Robert W. Baird increased their price objective on American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. Finally, Loop Capital reduced their price target on American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a research report on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $114.00.

Insider Transactions at American Woodmark

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