Shares of American Woodmark Co. (NASDAQ:AMWD - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $104.28 and last traded at $104.28, with a volume of 245 shares trading hands. The stock had previously closed at $101.79.
Wall Street Analyst Weigh In
AMWD has been the subject of several recent research reports. StockNews.com downgraded American Woodmark from a "buy" rating to a "hold" rating in a research report on Saturday, March 9th. Robert W. Baird boosted their price objective on American Woodmark from $120.00 to $122.00 and gave the company an "outperform" rating in a research report on Friday, March 1st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $93.25.
Check Out Our Latest Research Report on AMWD
American Woodmark Stock Performance
The company has a quick ratio of 1.27, a current ratio of 2.14 and a debt-to-equity ratio of 0.41. The company has a market cap of $1.61 billion, a P/E ratio of 14.02 and a beta of 1.73. The business has a fifty day moving average of $96.32 and a 200 day moving average of $86.23.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its earnings results on Thursday, February 29th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.53. The company had revenue of $422.10 million during the quarter, compared to the consensus estimate of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. The firm's revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.46 earnings per share. On average, equities analysts predict that American Woodmark Co. will post 8.73 EPS for the current year.
Hedge Funds Weigh In On American Woodmark
A number of institutional investors have recently added to or reduced their stakes in AMWD. Tower Research Capital LLC TRC raised its holdings in American Woodmark by 72.6% in the first quarter. Tower Research Capital LLC TRC now owns 492 shares of the company's stock worth $26,000 after purchasing an additional 207 shares in the last quarter. Creative Planning bought a new position in American Woodmark in the third quarter worth $26,000. Castleview Partners LLC bought a new position in American Woodmark in the third quarter worth $39,000. DekaBank Deutsche Girozentrale bought a new position in American Woodmark in the third quarter worth $42,000. Finally, Coppell Advisory Solutions LLC bought a new position in American Woodmark in the second quarter worth $46,000. Institutional investors own 95.47% of the company's stock.
American Woodmark Company Profile
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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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