American Woodmark Corp. Director William Brandt Unloads 3,000 Shares (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Director William Brandt sold 3,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.87, for a total transaction of $107,610.00. Following the completion of the transaction, the director now directly owns 2,752,981 shares of the company’s stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on AMWD shares. 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 analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $38.35.
Shares of American Woodmark Corp. (NASDAQ:AMWD) traded up 0.20% during mid-day trading on Friday, hitting $35.28. The stock had a trading volume of 22,829 shares. American Woodmark Corp. has a 52-week low of $19.00 and a 52-week high of $39.49. The stock has a 50-day moving average of $34.95 and a 200-day moving average of $34.64. The company has a market cap of $532.4 million and a P/E ratio of 33.47.
American Woodmark Corp. (NASDAQ:AMWD) last released its earnings data on Tuesday, August 20th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.07 earnings per share. American Woodmark Corp.’s revenue was up 20.1% compared to the same quarter last year.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
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