American Woodmark Co. (NASDAQ:AMWD) Receives $108.00 Consensus Target Price from Analysts

American Woodmark Co. (NASDAQ:AMWD - Get Free Report) has received a consensus rating of "Moderate Buy" from the five analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $108.00.

Several research firms recently commented on AMWD. Wolfe Research upgraded shares of American Woodmark from a "peer perform" rating to an "outperform" rating and set a $110.00 target price on the stock in a research report on Wednesday, August 14th. Loop Capital upgraded shares of American Woodmark from a "hold" rating to a "buy" rating and lifted their price objective for the company from $98.00 to $119.00 in a research note on Thursday, October 17th. Robert W. Baird increased their price target on American Woodmark from $112.00 to $115.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. Finally, Zelman & Associates reiterated a "neutral" rating on shares of American Woodmark in a report on Wednesday, July 17th.

Insiders Place Their Bets

In other American Woodmark news, CEO Michael Scott Culbreth sold 3,500 shares of American Woodmark stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $92.69, for a total value of $324,415.00. Following the sale, the chief executive officer now owns 113,432 shares of the company's stock, valued at approximately $10,514,012.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.30% of the company's stock.

Institutional Trading of American Woodmark

Hedge funds have recently made changes to their positions in the company. CWM LLC lifted its stake in shares of American Woodmark by 56.7% during the 3rd quarter. CWM LLC now owns 622 shares of the company's stock valued at $58,000 after buying an additional 225 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of American Woodmark in the second quarter valued at $66,000. Picton Mahoney Asset Management bought a new stake in shares of American Woodmark during the 2nd quarter valued at $71,000. DekaBank Deutsche Girozentrale raised its stake in shares of American Woodmark by 67.9% during the 1st 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 lifted its holdings in American Woodmark by 67.8% during the 1st quarter. EntryPoint Capital LLC now owns 1,562 shares of the company's stock worth $159,000 after purchasing an additional 631 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors.

American Woodmark Price Performance

Shares of AMWD stock traded up $2.78 during trading on Monday, hitting $96.09. The company had a trading volume of 74,866 shares, compared to its average volume of 153,032. The stock's 50-day moving average price is $91.84 and its 200 day moving average price is $89.92. American Woodmark has a one year low of $65.59 and a one year high of $106.57. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.98. The firm has a market capitalization of $1.50 billion, a P/E ratio of 13.41 and a beta of 1.61.

American Woodmark (NASDAQ:AMWD - Get Free Report) last released its quarterly earnings data on Tuesday, August 27th. The company reported $1.89 earnings per share 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 analyst estimates of $475.37 million. During the same period last year, the business earned $2.78 earnings per share. The business's quarterly revenue was down 7.9% compared to the same quarter last year.

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.