American Woodmark (NASDAQ:AMWD) PT Raised to $115.00

American Woodmark (NASDAQ:AMWD - Free Report) had its price target lifted by Robert W. Baird from $112.00 to $115.00 in a report published on Monday, Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Wolfe Research raised shares of American Woodmark from a "peer perform" rating to an "outperform" rating and set a $110.00 price objective for the company in a research report on Wednesday, August 14th. Loop Capital raised shares of American Woodmark from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $98.00 to $119.00 in a research report on Thursday. Finally, Zelman & Associates reaffirmed a "neutral" rating on shares of American Woodmark in a research report on Wednesday, July 17th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $108.00.

American Woodmark Stock Down 3.8 %

AMWD stock traded down $3.84 during midday trading on Monday, hitting $97.15. The company's stock had a trading volume of 190,747 shares, compared to its average volume of 154,319. The company has a quick ratio of 1.14, a current ratio of 1.98 and a debt-to-equity ratio of 0.41. American Woodmark has a 52-week low of $65.01 and a 52-week high of $106.57. The firm has a market capitalization of $1.51 billion, a P/E ratio of 13.61 and a beta of 1.61. The firm has a 50-day simple moving average of $91.70 and a 200-day simple moving average of $90.10.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 27th. The company reported $1.89 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.48). American Woodmark had a net margin of 5.97% and a return on equity of 13.51%. The business had revenue of $459.10 million during the quarter, compared to analysts' expectations of $475.37 million. During the same period in the prior year, the business earned $2.78 EPS. The business's quarterly revenue was down 7.9% on a year-over-year basis.

Insider Buying and Selling

In related news, CEO Michael Scott Culbreth sold 3,500 shares of American Woodmark stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $92.69, for a total transaction of $324,415.00. Following the sale, the chief executive officer now directly owns 113,432 shares in the company, valued at $10,514,012.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC increased its stake in American Woodmark by 56.7% in the third quarter. CWM LLC now owns 622 shares of the company's stock valued at $58,000 after purchasing an additional 225 shares during the period. Innealta Capital LLC acquired a new position in American Woodmark in the second quarter valued at $66,000. Picton Mahoney Asset Management acquired a new position in American Woodmark in the second quarter valued at $71,000. DekaBank Deutsche Girozentrale increased its stake in American Woodmark by 67.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company's stock valued at $94,000 after purchasing an additional 377 shares during the period. Finally, EntryPoint Capital LLC increased its stake in American Woodmark by 67.8% in the first quarter. EntryPoint Capital LLC now owns 1,562 shares of the company's stock valued at $159,000 after purchasing an additional 631 shares during the period. 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.