American Woodmark (NASDAQ:AMWD - Get Free Report) will announce its earnings results after the market closes on Thursday, May 23rd. Analysts expect the company to announce earnings of $1.75 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.53. The company had revenue of $422.10 million during the quarter, compared to analysts' expectations of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. The business's quarterly revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.46 earnings per share. On average, analysts expect American Woodmark to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.
American Woodmark Stock Down 2.0 %
Shares of NASDAQ AMWD traded down $1.98 during mid-day trading on Thursday, reaching $94.69. 140,646 shares of the company traded hands, compared to its average volume of 112,826. The company's fifty day moving average is $96.10 and its two-hundred day moving average is $90.14. American Woodmark has a fifty-two week low of $52.14 and a fifty-two week high of $104.28. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.27 and a current ratio of 2.14. The stock has a market cap of $1.50 billion, a PE ratio of 13.06 and a beta of 1.73.
Wall Street Analysts Forecast Growth
AMWD has been the subject of a number of analyst reports. StockNews.com cut shares of American Woodmark from a "buy" rating to a "hold" rating in a research note on Saturday, March 9th. Robert W. Baird upped their price target on shares of American Woodmark from $120.00 to $122.00 and gave the company an "outperform" rating in a report on Friday, March 1st. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $93.25.
Check Out Our Latest Analysis on American Woodmark
About American Woodmark
(
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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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