American Woodmark (NASDAQ:AMWD - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Thursday.
A number of other research analysts also recently issued reports on AMWD. Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Robert W. Baird upped their price target on shares of American Woodmark from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Finally, 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $114.00.
Get Our Latest Stock Report on AMWD
American Woodmark Trading Down 1.1 %
AMWD traded down $0.64 during trading on Thursday, reaching $58.52. 30,948 shares of the company's stock were exchanged, compared to its average volume of 164,536. The firm has a fifty day moving average price of $69.62 and a two-hundred day moving average price of $82.53. The stock has a market capitalization of $868.07 million, a PE ratio of 8.72 and a beta of 1.58. American Woodmark has a one year low of $57.44 and a one year high of $106.57. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its earnings results 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 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
A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its holdings in American Woodmark by 8.1% in the third quarter. Wellington Management Group LLP now owns 537,470 shares of the company's stock worth $50,227,000 after acquiring an additional 40,378 shares in the last quarter. Pzena Investment Management LLC boosted its position in American Woodmark by 1.2% in the fourth quarter. Pzena Investment Management LLC now owns 489,517 shares of the company's stock worth $38,931,000 after purchasing an additional 5,955 shares during the last quarter. Franklin Resources Inc. increased its holdings in American Woodmark by 266.0% during the fourth quarter. Franklin Resources Inc. now owns 372,390 shares of the company's stock worth $29,616,000 after buying an additional 270,644 shares during the last quarter. Systematic Financial Management LP boosted its stake in American Woodmark by 3.6% in the fourth quarter. Systematic Financial Management LP now owns 342,452 shares of the company's stock valued at $27,235,000 after acquiring an additional 11,891 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of American Woodmark by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock worth $24,223,000 after purchasing an additional 7,870 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.
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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