Shares of American Woodmark Co. (NASDAQ:AMWD - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $60.44 and last traded at $60.67, with a volume of 229893 shares traded. The stock had previously closed at $62.08.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on AMWD shares. Robert W. Baird lifted their price objective on American Woodmark from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Loop Capital decreased their price target on American Woodmark from $119.00 to $114.00 and set a "buy" rating for the company in a report on Wednesday, November 27th. StockNews.com lowered American Woodmark from a "hold" rating to a "sell" rating in a research report on Monday. Finally, Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $114.00.
Get Our Latest Stock Report on American Woodmark
American Woodmark Price Performance
The stock has a market capitalization of $916.94 million, a price-to-earnings ratio of 9.10 and a beta of 1.61. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The company has a 50-day simple moving average of $75.64 and a two-hundred day simple moving average of $85.92.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly 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 analyst estimates of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.
Insider Buying and Selling
In other news, Director James G. Davis sold 2,821 shares of the company's stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $82.23, for a total value of $231,970.83. Following the completion of the sale, the director now directly owns 25,823 shares of the company's stock, valued at approximately $2,123,425.29. This represents a 9.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 5,750 shares of company stock valued at $474,548 over the last 90 days. 1.30% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On American Woodmark
A number of hedge funds have recently modified their holdings of the stock. Creative Planning acquired a new position in shares of American Woodmark in the 3rd quarter valued at $312,000. WCM Investment Management LLC boosted its holdings in shares of American Woodmark by 4.5% in the third quarter. WCM Investment Management LLC now owns 187,044 shares of the company's stock worth $17,388,000 after buying an additional 8,059 shares during the period. GSA Capital Partners LLP purchased a new position in shares of American Woodmark in the third quarter worth approximately $297,000. Victory Capital Management Inc. raised its holdings in shares of American Woodmark by 0.8% during the third quarter. Victory Capital Management Inc. now owns 15,410 shares of the company's stock valued at $1,440,000 after acquiring an additional 117 shares during the period. Finally, Empowered Funds LLC boosted its stake in American Woodmark by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 84,792 shares of the company's stock worth $7,924,000 after purchasing an additional 4,288 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.
About American Woodmark
(
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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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