American Woodmark Co. (NASDAQ:AMWD - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $69.78 and last traded at $70.44, with a volume of 116399 shares changing hands. The stock had previously closed at $70.68.
Analyst Ratings Changes
AMWD has been the subject of several analyst reports. Robert W. Baird boosted their target price on shares of American Woodmark from $115.00 to $118.00 and gave the company an "outperform" rating in a research note on Wednesday, November 27th. Loop Capital reduced their price objective on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a research note on Wednesday, November 27th. Finally, Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $114.00.
View Our Latest Stock Analysis on AMWD
American Woodmark Price Performance
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's 50-day moving average is $77.68 and its 200-day moving average is $86.98. The firm has a market capitalization of $934.55 million, a price-to-earnings ratio of 9.28 and a beta of 1.61.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.27). The company had revenue of $397.58 million for the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%.
Insider Transactions at American Woodmark
In related news, Director James G. Davis sold 1,679 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $84.33, for a total value of $141,590.07. Following the transaction, the director now owns 28,644 shares in the company, valued at approximately $2,415,548.52. This trade represents a 5.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Scott Culbreth sold 3,500 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $90.10, for a total transaction of $315,350.00. Following the sale, the chief executive officer now owns 106,432 shares of the company's stock, valued at approximately $9,589,523.20. This represents a 3.18 % 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 three months. 1.30% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP lifted its position in American Woodmark by 215.8% during the 4th quarter. Quarry LP now owns 379 shares of the company's stock worth $30,000 after acquiring an additional 259 shares in the last quarter. Sterling Capital Management LLC raised its stake in shares of American Woodmark by 842.0% during the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock valued at $37,000 after purchasing an additional 421 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of American Woodmark during the fourth quarter worth $43,000. GAMMA Investing LLC boosted its stake in shares of American Woodmark by 170.6% in the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after purchasing an additional 377 shares during the period. Finally, KBC Group NV increased its stake in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after buying an additional 352 shares during the period. Institutional investors and hedge funds own 95.47% of the company's stock.
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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