American Woodmark (NASDAQ:AMWD) Issues Quarterly Earnings Results

American Woodmark (NASDAQ:AMWD - Get Free Report) issued its earnings results on Thursday. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27), Zacks reports. The company had revenue of $397.58 million during 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 Trading Down 2.3 %

NASDAQ AMWD traded down $1.41 during trading hours on Monday, reaching $60.67. The company had a trading volume of 229,893 shares, compared to its average volume of 158,472. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $913.33 million, a P/E ratio of 9.07 and a beta of 1.61. The stock has a 50-day moving average of $77.31 and a 200 day moving average of $86.76. American Woodmark has a 1-year low of $60.36 and a 1-year high of $106.57.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AMWD shares. Robert W. Baird lifted 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. Loop Capital cut their price target on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating for the company in a report on Wednesday, November 27th. Finally, Wolfe Research lowered shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Three equities research 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 presently has an average rating of "Hold" and a consensus price target of $114.00.

Insider Buying and Selling at American Woodmark

In other news, Director James G. Davis sold 2,821 shares of the firm's stock in a transaction on Friday, December 20th. The stock was sold at an average price of $82.23, for a total transaction of $231,970.83. Following the completion of the transaction, the director now directly owns 25,823 shares in the company, valued at $2,123,425.29. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold a total of 5,750 shares of company stock worth $474,548 over the last three months. Insiders own 1.30% of the company's stock.

American Woodmark Company Profile

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.