American Woodmark Corp. Chairman Kent Guichard Sells 10,000 Shares (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Chairman Kent Guichard sold 10,000 shares of the stock on the open market in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.71, for a total value of $357,100.00. Following the completion of the transaction, the chairman now directly owns 86,029 shares in the company. The sale was disclosed in a filing with the SEC, which is available at this link.
AMWD has been the subject of a number of recent research reports. Analysts at Longbow Research upgraded shares of American Woodmark Corp. (NASDAQ:AMWD) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, August 14th. They now have a $40.00 price target on the stock. Separately, analysts at Zacks downgraded shares of American Woodmark Corp. (NASDAQ:AMWD) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. They now have a $41.40 price target on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of American Woodmark Corp. (NASDAQ:AMWD) from a “buy” rating to a “hold” rating in a research note to investors on Monday, July 1st.
Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. American Woodmark Corp. currently has a consensus rating of “Hold” and an average price target of $38.35.
American Woodmark Corp. (NASDAQ:AMWD) traded up 0.20% on Friday, hitting $35.28. The stock had a trading volume of 22,829 shares. American Woodmark Corp. has a one year low of $19.00 and a one year high of $39.49. The stock has a 50-day moving average of $34.96 and a 200-day moving average of $34.61. The company has a market cap of $532.4 million and a P/E ratio of 33.47.
American Woodmark Corp. (NASDAQ:AMWD) last announced its earnings results on Tuesday, August 20th. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.10. The company had revenue of $178.10 million for the quarter, compared to the consensus estimate of $174.07 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was up 20.1% on a year-over-year basis.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
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