American Woodmark Corp. Director Sells $31,990 in Stock (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Director William Brandt sold 1,000 shares of the stock on the open market in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $31.99, for a total value of $31,990.00. Following the completion of the sale, the director now directly owns 2,742,981 shares in the company, valued at approximately $87,747,962. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
American Woodmark Corp. (NASDAQ:AMWD) traded up 2.74% during mid-day trading on Friday, hitting $33.42. 21,704 shares of the company’s stock traded hands. American Woodmark Corp. has a 52 week low of $21.03 and a 52 week high of $39.49. The stock has a 50-day moving average of $35.11 and a 200-day moving average of $34.79. The company has a market cap of $504.3 million and a P/E ratio of 30.92.
American Woodmark Corp. (NASDAQ:AMWD) last released its earnings data 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. On average, analysts predict that American Woodmark Corp. will post $1.70 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on AMWD shares. Analysts at Longbow Research upgraded shares of American Woodmark Corp. 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. Analysts at Zacks downgraded shares of American Woodmark Corp. 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. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. American Woodmark Corp. has an average rating of “Hold” and a consensus price target of $38.35.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
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