Shares of American Woodmark Co. (NASDAQ:AMWD - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $52.20 and last traded at $53.98, with a volume of 4822 shares trading hands. The stock had previously closed at $53.70.
Analysts Set New Price Targets
AMWD has been the subject of a number of analyst reports. StockNews.com raised American Woodmark from a "sell" rating to a "hold" rating in a research note on Thursday, March 27th. Wolfe Research lowered American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Finally, Zelman & Associates reiterated an "underperform" rating on shares of American Woodmark in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, American Woodmark currently has a consensus rating of "Hold" and an average price target of $114.00.
View Our Latest Analysis on AMWD
American Woodmark Stock Down 3.1 %
The company has a market capitalization of $833.88 million, a P/E ratio of 8.40 and a beta of 1.31. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The firm has a fifty day simple moving average of $64.22 and a 200-day simple moving average of $79.72.
American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The business had revenue of $397.58 million for the quarter, compared to the consensus estimate of $405.72 million.
Institutional Investors Weigh In On American Woodmark
Institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its stake in shares of American Woodmark by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock valued at $24,223,000 after purchasing an additional 7,870 shares during the period. Victory Capital Management Inc. increased its stake in American Woodmark by 1,570.6% in the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock valued at $20,474,000 after buying an additional 242,030 shares during the last quarter. Barclays PLC lifted its position in American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after buying an additional 22,804 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of American Woodmark by 249.1% during the 3rd quarter. Franklin Resources Inc. now owns 101,746 shares of the company's stock worth $9,572,000 after buying an additional 72,600 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its holdings in shares of American Woodmark by 214.8% in the 4th quarter. First Eagle Investment Management LLC now owns 82,800 shares of the company's stock valued at $6,585,000 after acquiring an additional 56,500 shares in the last quarter. 95.47% of the stock is owned by institutional investors.
American Woodmark Company Profile
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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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