Brokerages Set American Woodmark Co. (AMWD) PT at $98.00

American Woodmark Co. (NASDAQ:AMWD) has been assigned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $98.00.

Several brokerages have issued reports on AMWD. ValuEngine raised shares of American Woodmark from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 23rd. Zacks Investment Research raised shares of American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research note on Tuesday, August 28th. Longbow Research reaffirmed a “neutral” rating on shares of American Woodmark in a research note on Friday, November 30th. BidaskClub raised shares of American Woodmark from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 22nd. Finally, TheStreet cut shares of American Woodmark from a “b” rating to a “c+” rating in a research report on Tuesday, October 9th.

AMWD traded down $0.07 on Friday, hitting $62.29. 257,700 shares of the company’s stock were exchanged, compared to its average volume of 196,102. American Woodmark has a fifty-two week low of $55.03 and a fifty-two week high of $148.44. The company has a quick ratio of 1.27, a current ratio of 1.96 and a debt-to-equity ratio of 1.16. The stock has a market cap of $1.08 billion, a PE ratio of 11.89, a price-to-earnings-growth ratio of 1.00 and a beta of 2.14.



American Woodmark (NASDAQ:AMWD) last announced its earnings results on Thursday, November 29th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.27). American Woodmark had a return on equity of 18.07% and a net margin of 4.15%. The business had revenue of $424.88 million for the quarter, compared to analyst estimates of $424.17 million. During the same period last year, the firm earned $1.21 EPS. The company’s revenue for the quarter was up 54.6% compared to the same quarter last year. As a group, research analysts anticipate that American Woodmark will post 6.92 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the company. Cutler Group LP boosted its position in shares of American Woodmark by 1,010.0% during the 2nd quarter. Cutler Group LP now owns 1,110 shares of the company’s stock valued at $101,000 after acquiring an additional 1,010 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in shares of American Woodmark by 149.3% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,319 shares of the company’s stock valued at $121,000 after acquiring an additional 790 shares during the last quarter. NumerixS Investment Technologies Inc boosted its position in shares of American Woodmark by 375.0% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the company’s stock valued at $172,000 after acquiring an additional 1,500 shares during the last quarter. Amalgamated Bank acquired a new position in shares of American Woodmark during the 2nd quarter valued at about $210,000. Finally, Verition Fund Management LLC acquired a new position in shares of American Woodmark during the 2nd quarter valued at about $211,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.

Featured Story: What Does Beta Mean In Stock Selection

Receive News & Ratings for American Woodmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Woodmark and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply