American Woodmark (NASDAQ:AMWD) Price Target Lowered to $75.00 at Loop Capital

American Woodmark (NASDAQ:AMWD - Get Free Report) had its price objective decreased by equities researchers at Loop Capital from $100.00 to $75.00 in a report issued on Monday, Marketbeat.com reports. The firm presently has a "buy" rating on the stock. Loop Capital's price objective suggests a potential upside of 23.99% from the stock's current price.

Other analysts have also issued research reports about the stock. Zelman & Associates restated an "underperform" rating on shares of American Woodmark in a research report on Monday, April 14th. StockNews.com downgraded American Woodmark from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd. Finally, Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a research 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 issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $101.00.

American Woodmark Price Performance

American Woodmark stock traded up $1.23 during mid-day trading on Monday, hitting $60.49. 88,764 shares of the company were exchanged, compared to its average volume of 168,906. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. American Woodmark has a 12-month low of $52.20 and a 12-month high of $106.57. The business's 50 day simple moving average is $58.78 and its two-hundred day simple moving average is $76.23. The company has a market capitalization of $897.37 million, a P/E ratio of 9.04 and a beta of 1.34.

American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $405.72 million.

Institutional Trading of American Woodmark

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in American Woodmark by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 304,582 shares of the company's stock valued at $24,223,000 after acquiring an additional 7,870 shares during the period. Victory Capital Management Inc. grew its holdings in shares of American Woodmark by 1,570.6% during the 4th quarter. Victory Capital Management Inc. now owns 257,440 shares of the company's stock worth $20,474,000 after purchasing an additional 242,030 shares during the period. Barclays PLC increased its position in American Woodmark by 267.9% during the 3rd quarter. Barclays PLC now owns 31,316 shares of the company's stock worth $2,927,000 after purchasing an additional 22,804 shares in the last quarter. Intech Investment Management LLC lifted its position in American Woodmark by 70.5% during the fourth quarter. Intech Investment Management LLC now owns 13,664 shares of the company's stock valued at $1,087,000 after buying an additional 5,652 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in American Woodmark by 249.1% during the third quarter. Franklin Resources Inc. now owns 101,746 shares of the company's stock worth $9,572,000 after buying an additional 72,600 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

American Woodmark Company Profile

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.