American Woodmark Co. (AMWD) Given $152.00 Average Target Price by Analysts

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

Brokerages have set a 12 month consensus price target of $152.00 for the company and are expecting that the company will post $0.89 EPS for the current quarter, according to Zacks. Zacks has also given American Woodmark an industry rank of 214 out of 265 based on the ratings given to related companies.

Several analysts have commented on the stock. BidaskClub downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of American Woodmark from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Robert W. Baird boosted their target price on shares of American Woodmark from $108.00 to $142.00 and gave the stock an “outperform” rating in a research report on Monday, December 4th.

Shares of American Woodmark (NASDAQ AMWD) opened at $120.20 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.41 and a quick ratio of 2.95. The company has a market cap of $2,100.00, a P/E ratio of 26.59 and a beta of 1.58. American Woodmark has a 1 year low of $74.22 and a 1 year high of $148.44.

American Woodmark (NASDAQ:AMWD) last posted its earnings results on Friday, December 1st. The company reported $1.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.24 by ($0.01). The business had revenue of $274.80 million during the quarter, compared to the consensus estimate of $280.60 million. American Woodmark had a return on equity of 20.56% and a net margin of 6.98%. The business’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. sell-side analysts predict that American Woodmark will post 4.96 EPS for the current fiscal year.

In other news, insider Steven Cary Dunston sold 500 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $95.20, for a total value of $47,600.00. Following the completion of the sale, the insider now directly owns 47,609 shares in the company, valued at $4,532,376.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder William F. Brandt sold 18,000 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $117.75, for a total transaction of $2,119,500.00. The disclosure for this sale can be found here. Insiders sold 89,000 shares of company stock valued at $10,518,635 over the last 90 days. 1.10% of the stock is owned by corporate insiders.

Several institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in shares of American Woodmark by 17.2% in the fourth quarter. Wells Fargo & Company MN now owns 40,269 shares of the company’s stock worth $5,246,000 after buying an additional 5,915 shares during the last quarter. Sei Investments Co. lifted its stake in shares of American Woodmark by 10.9% in the fourth quarter. Sei Investments Co. now owns 74,429 shares of the company’s stock worth $10,375,000 after buying an additional 7,316 shares during the last quarter. LS Investment Advisors LLC lifted its stake in shares of American Woodmark by 88.6% in the fourth quarter. LS Investment Advisors LLC now owns 975 shares of the company’s stock worth $127,000 after buying an additional 458 shares during the last quarter. Swiss National Bank lifted its stake in shares of American Woodmark by 5.4% in the fourth quarter. Swiss National Bank now owns 25,500 shares of the company’s stock worth $3,321,000 after buying an additional 1,300 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in American Woodmark during the 4th quarter valued at $651,000. Institutional investors and hedge funds own 75.02% of the company’s stock.

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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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