American Woodmark (NASDAQ:AMWD - Get Free Report)'s stock had its "underperform" rating restated by equities research analysts at Zelman & Associates in a research note issued to investors on Monday, Marketbeat reports.
AMWD has been the subject of several other reports. StockNews.com upgraded American Woodmark from a "sell" rating to a "hold" rating in a research note on Thursday, March 27th. Wolfe Research downgraded American Woodmark from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $114.00.
Read Our Latest Report on American Woodmark
American Woodmark Stock Up 3.0 %
Shares of NASDAQ AMWD traded up $1.65 during midday trading on Monday, hitting $56.31. The stock had a trading volume of 136,274 shares, compared to its average volume of 168,992. The company has a market cap of $835.36 million, a P/E ratio of 8.42 and a beta of 1.31. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The business's 50 day moving average is $62.13 and its 200-day moving average is $78.62. American Woodmark has a 52 week low of $52.20 and a 52 week high of $106.57.
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 analysts' consensus estimates of $1.32 by ($0.27). The firm had revenue of $397.58 million during the quarter, compared to analysts' expectations of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.
Institutional Investors Weigh In On American Woodmark
A number of institutional investors have recently added to or reduced their stakes in AMWD. Quarry LP grew its stake in 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 acquiring an additional 259 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of American Woodmark by 842.0% during the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company's stock valued at $37,000 after purchasing an additional 421 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of American Woodmark in the fourth quarter worth about $43,000. GAMMA Investing LLC lifted its position in shares of American Woodmark by 32.9% in the first quarter. GAMMA Investing LLC now owns 795 shares of the company's stock worth $47,000 after buying an additional 197 shares in the last quarter. Finally, KBC Group NV grew its holdings in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company's stock valued at $68,000 after buying an additional 352 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.
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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