American Woodmark (NASDAQ:AMWD) Lowered to Sell Rating by StockNews.com

American Woodmark (NASDAQ:AMWD - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a report issued on Tuesday.

AMWD has been the topic of several other reports. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. Wolfe Research lowered American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $114.00.

American Woodmark Stock Performance

Shares of American Woodmark stock traded up $1.27 during trading on Tuesday, hitting $55.30. 124,967 shares of the stock were exchanged, compared to its average volume of 168,604. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark has a 12 month low of $52.20 and a 12 month high of $106.57. The stock's fifty day moving average is $61.26 and its 200 day moving average is $78.00. The stock has a market cap of $820.38 million, a PE ratio of 8.27 and a beta of 1.31.

American Woodmark (NASDAQ:AMWD - Get Free Report) last posted 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 firm had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Institutional Investors Weigh In On American Woodmark

Institutional investors have recently added to or reduced their stakes in the company. Pzena Investment Management LLC increased its position in shares of American Woodmark by 1.2% during the 4th quarter. Pzena Investment Management LLC now owns 489,517 shares of the company's stock valued at $38,931,000 after purchasing an additional 5,955 shares during the period. Franklin Resources Inc. boosted its stake in American Woodmark by 266.0% during the fourth quarter. Franklin Resources Inc. now owns 372,390 shares of the company's stock valued at $29,616,000 after buying an additional 270,644 shares in the last quarter. Systematic Financial Management LP grew its holdings in American Woodmark by 3.6% during the fourth quarter. Systematic Financial Management LP now owns 342,452 shares of the company's stock worth $27,235,000 after acquiring an additional 11,891 shares during the period. Charles Schwab Investment Management Inc. raised its position in American Woodmark by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock worth $24,223,000 after acquiring an additional 7,870 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY acquired a new stake in American Woodmark in the 4th quarter valued at about $23,954,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.

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