American Woodmark Corporation (NASDAQ:AMWD) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus price target of $108.00 for the company and are forecasting that the company will post $1.24 earnings per share for the current quarter, according to Zacks. Zacks has also given American Woodmark Corporation an industry rank of 242 out of 265 based on the ratings given to related companies.

Several research firms have recently weighed in on AMWD. Zacks Investment Research lowered American Woodmark Corporation from a “buy” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub raised American Woodmark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Zelman & Associates lowered American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.

In other news, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $80.55, for a total value of $40,275.00. Following the completion of the sale, the insider now directly owns 49,109 shares in the company, valued at approximately $3,955,729.95. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder William F. Brandt sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $95.50, for a total value of $95,500.00. Following the completion of the sale, the insider now owns 1,876,973 shares of the company’s stock, valued at $179,250,921.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,657 shares of company stock valued at $4,693,840. 1.10% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of AMWD. Riverhead Capital Management LLC grew its stake in shares of American Woodmark Corporation by 99.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock valued at $114,000 after buying an additional 599 shares during the period. Flinton Capital Management LLC grew its stake in shares of American Woodmark Corporation by 78.3% in the 2nd quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock valued at $133,000 after buying an additional 612 shares during the period. Dubuque Bank & Trust Co. grew its stake in shares of American Woodmark Corporation by 8.7% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 1,654 shares of the company’s stock valued at $158,000 after buying an additional 132 shares during the period. SG Americas Securities LLC acquired a new stake in shares of American Woodmark Corporation in the 2nd quarter valued at about $172,000. Finally, Pinebridge Investments L.P. grew its stake in shares of American Woodmark Corporation by 1.0% in the 2nd quarter. Pinebridge Investments L.P. now owns 1,840 shares of the company’s stock valued at $176,000 after buying an additional 18 shares during the period. Institutional investors own 79.70% of the company’s stock.

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American Woodmark Corporation (NASDAQ:AMWD) last posted its quarterly earnings data on Tuesday, August 22nd. The company reported $1.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.14). American Woodmark Corporation had a return on equity of 20.89% and a net margin of 6.85%. The business had revenue of $276.83 million during the quarter, compared to the consensus estimate of $278.80 million. During the same period last year, the business posted $1.32 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis.

American Woodmark Corporation Company Profile

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

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