American Woodmark (NASDAQ:AMWD) Cut to "Sell" at Wall Street Zen

Wall Street Zen lowered shares of American Woodmark (NASDAQ:AMWD - Free Report) from a hold rating to a sell rating in a research note released on Wednesday.

A number of other equities analysts have also commented on AMWD. Loop Capital dropped their price target on shares of American Woodmark from $100.00 to $75.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. Zelman & Associates reiterated an "underperform" rating on shares of American Woodmark in a research note on Monday, April 14th. Finally, Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $101.00.

American Woodmark Stock Down 0.8%

NASDAQ:AMWD traded down $0.44 during trading hours on Wednesday, reaching $56.74. The company's stock had a trading volume of 91,025 shares, compared to its average volume of 169,864. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The company has a market cap of $841.74 million, a price-to-earnings ratio of 8.48 and a beta of 1.34. American Woodmark has a one year low of $52.20 and a one year high of $106.57. The business's 50-day moving average is $58.28 and its 200-day moving average is $71.90.

American Woodmark (NASDAQ:AMWD - Get Free Report) last released its quarterly 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). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The company had revenue of $397.58 million for the quarter, compared to the consensus estimate of $405.72 million.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AMWD. SummerHaven Investment Management LLC increased its position in American Woodmark by 1.9% during the first quarter. SummerHaven Investment Management LLC now owns 9,962 shares of the company's stock worth $586,000 after acquiring an additional 185 shares during the period. PNC Financial Services Group Inc. grew its position in American Woodmark by 5.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,976 shares of the company's stock worth $234,000 after purchasing an additional 193 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of American Woodmark by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 795 shares of the company's stock worth $47,000 after purchasing an additional 197 shares during the period. CANADA LIFE ASSURANCE Co raised its position in shares of American Woodmark by 1.3% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 15,420 shares of the company's stock valued at $1,227,000 after buying an additional 200 shares during the last quarter. Finally, Quarry LP raised its position in shares of American Woodmark by 215.8% during the fourth quarter. Quarry LP now owns 379 shares of the company's stock valued at $30,000 after buying an additional 259 shares during the last quarter. 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.