American Woodmark Corp. Chairman Kent Guichard Sells 10,000 Shares (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Chairman Kent Guichard unloaded 10,000 shares of American Woodmark Corp. stock on the open market in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $32.46, for a total transaction of $324,600.00. Following the completion of the sale, the chairman now directly owns 86,029 shares in the company, valued at approximately $2,792,501. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
American Woodmark Corp. (NASDAQ:AMWD) traded up 0.28% during mid-day trading on Thursday, hitting $32.56. 19,575 shares of the company’s stock traded hands. American Woodmark Corp. has a 1-year low of $21.16 and a 1-year high of $39.49. The stock’s 50-day moving average is $34.69 and its 200-day moving average is $34.77. The company has a market cap of $491.3 million and a P/E ratio of 30.87.
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 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. Analysts expect that American Woodmark Corp. will post $1.70 EPS for the current fiscal year.
A number of research firms have recently commented on AMWD. 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 given a buy rating to the stock. The company has an average rating of “Hold” and an average 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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