American Woodmark (NASDAQ:AMWD) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Separately, Zacks Investment Research raised American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Tuesday, September 12th.

American Woodmark (NASDAQ AMWD) traded up $28.10 during trading hours on Friday, hitting $127.70. The company had a trading volume of 1,086,843 shares, compared to its average volume of 152,900. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.00 and a current ratio of 3.45. The company has a market capitalization of $1,618.49, a P/E ratio of 22.90 and a beta of 1.57. American Woodmark has a fifty-two week low of $69.65 and a fifty-two week high of $136.05.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Friday, December 1st. The company reported $1.23 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.01). American Woodmark had a net margin of 6.85% and a return on equity of 20.89%. The company had revenue of $274.80 million for the quarter, compared to analyst estimates of $280.60 million. During the same period last year, the company posted $1.10 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. research analysts anticipate that American Woodmark will post 4.92 EPS for the current year.

In related news, SVP Roger Perry Campbell sold 3,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $89.29, for a total transaction of $267,870.00. Following the completion of the transaction, the senior vice president now directly owns 11,415 shares of the company’s stock, valued at $1,019,245.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder William F. Brandt sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $89.80, for a total value of $179,600.00. Following the transaction, the insider now directly owns 1,874,973 shares of the company’s stock, valued at $168,372,575.40. The disclosure for this sale can be found here. Insiders have sold 76,168 shares of company stock valued at $7,144,144 over the last three months. Insiders own 1.10% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System lifted its position in shares of American Woodmark by 9.6% in the third quarter. California Public Employees Retirement System now owns 30,804 shares of the company’s stock valued at $2,965,000 after buying an additional 2,704 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of American Woodmark by 13.0% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 37,203 shares of the company’s stock valued at $3,581,000 after buying an additional 4,272 shares during the last quarter. Royce & Associates LP lifted its position in shares of American Woodmark by 3.8% in the third quarter. Royce & Associates LP now owns 289,518 shares of the company’s stock valued at $27,866,000 after buying an additional 10,598 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of American Woodmark by 42.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,867 shares of the company’s stock valued at $372,000 after buying an additional 1,150 shares during the last quarter. Finally, Epoch Investment Partners Inc. lifted its position in shares of American Woodmark by 0.5% in the third quarter. Epoch Investment Partners Inc. now owns 164,960 shares of the company’s stock valued at $15,877,000 after buying an additional 797 shares during the last quarter. 80.49% of the stock is owned by institutional investors.

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American Woodmark 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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