American Woodmark Corp. Director William F. Brandt Unloads 3,000 Shares (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Director William F. Brandt unloaded 3,000 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $37.75, for a total value of $113,250.00. Following the completion of the transaction, the director now directly owns 2,700,981 shares in the company, valued at approximately $101,962,033. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, 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, October 22nd. They now have a $41.40 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $38.35.
American Woodmark Corp. (NASDAQ:AMWD) traded down 0.03% on Friday, hitting $37.77. The stock had a trading volume of 38,999 shares. American Woodmark Corp. has a 52-week low of $26.74 and a 52-week high of $39.97. The stock has a 50-day moving average of $36.91 and a 200-day moving average of $35.46. The company has a market cap of $581.4 million and a price-to-earnings ratio of 29.98.
American Woodmark Corp. (NASDAQ:AMWD) last announced its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.39 by $0.05. The company had revenue of $190.50 million for the quarter, compared to the consensus estimate of $184.77 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 19.2% on a year-over-year basis. Analysts expect that American Woodmark Corp. will post $1.56 EPS for the current fiscal year.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
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