American Woodmark Co. (NASDAQ:AMWD - Get Free Report) has been assigned a consensus rating of "Hold" from the five research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $102.00.
AMWD has been the topic of a number of research reports. Zelman & Associates reiterated a "neutral" rating on shares of American Woodmark in a research report on Wednesday, July 17th. Loop Capital lowered their price objective on shares of American Woodmark from $100.00 to $98.00 and set a "hold" rating on the stock in a report on Wednesday, August 28th. Wolfe Research raised shares of American Woodmark from a "peer perform" rating to an "outperform" rating and set a $110.00 target price for the company in a research report on Wednesday, August 14th. Finally, Robert W. Baird cut their price objective on shares of American Woodmark from $116.00 to $112.00 and set an "outperform" rating on the stock in a report on Wednesday, August 28th.
View Our Latest Research Report on AMWD
Several institutional investors and hedge funds have recently bought and sold shares of the company. Pacer Advisors Inc. lifted its position in American Woodmark by 18.2% in the 2nd quarter. Pacer Advisors Inc. now owns 843,195 shares of the company's stock worth $66,275,000 after buying an additional 129,692 shares during the last quarter. Norges Bank purchased a new stake in shares of American Woodmark during the fourth quarter worth about $10,027,000. Renaissance Technologies LLC lifted its holdings in American Woodmark by 294.9% in the 2nd quarter. Renaissance Technologies LLC now owns 139,001 shares of the company's stock worth $10,925,000 after buying an additional 103,801 shares during the period. Hennessy Advisors Inc. purchased a new position in shares of American Woodmark during the second quarter valued at approximately $6,602,000. Finally, Cooke & Bieler LP increased its position in American Woodmark by 9.8% during the 2nd quarter. Cooke & Bieler LP now owns 909,653 shares of the company's stock valued at $71,499,000 after purchasing an additional 80,873 shares during the period. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ AMWD opened at $92.99 on Thursday. American Woodmark has a 12 month low of $65.01 and a 12 month high of $106.57. The company has a current ratio of 1.98, a quick ratio of 1.14 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $1.45 billion, a PE ratio of 13.02 and a beta of 1.61. The business's 50-day moving average price is $91.84 and its two-hundred day moving average price is $90.66.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its earnings results on Tuesday, August 27th. The company reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates of $2.37 by ($0.48). The firm had revenue of $459.10 million for the quarter, compared to the consensus estimate of $475.37 million. American Woodmark had a return on equity of 13.51% and a net margin of 5.97%. American Woodmark's quarterly revenue was down 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.78 EPS.
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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