American Woodmark (NASDAQ:AMWD) received a $105.00 price target from equities researchers at Sidoti in a note issued to investors on Friday, TipRanks reports. The brokerage currently has a “buy” rating on the stock. Sidoti’s target price points to a potential upside of 18.56% from the company’s current price.
AMWD has been the subject of a number of other reports. BidaskClub downgraded shares of American Woodmark from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 7th. Zacks Investment Research downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a report on Wednesday, February 27th. Finally, ValuEngine upgraded American Woodmark from a “sell” rating to a “hold” rating in a report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. American Woodmark currently has an average rating of “Hold” and a consensus target price of $104.80.
NASDAQ AMWD traded down $1.77 on Friday, reaching $88.56. The company’s stock had a trading volume of 113,123 shares, compared to its average volume of 178,981. American Woodmark has a twelve month low of $53.35 and a twelve month high of $108.20. The company has a current ratio of 2.05, a quick ratio of 1.24 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.28 and a beta of 2.30.
American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Tuesday, February 26th. The company reported $1.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.30 by $0.10. American Woodmark had a net margin of 4.91% and a return on equity of 19.40%. The company had revenue of $384.00 million during the quarter, compared to the consensus estimate of $387.66 million. During the same period in the prior year, the company earned $0.84 EPS. American Woodmark’s revenue was up 31.1% on a year-over-year basis. As a group, research analysts predict that American Woodmark will post 6.93 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of AMWD. Norges Bank acquired a new stake in American Woodmark during the 4th quarter worth about $11,294,000. C V Starr & Co. Inc. acquired a new stake in American Woodmark during the 1st quarter worth about $9,420,000. Dimensional Fund Advisors LP raised its holdings in American Woodmark by 14.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 861,885 shares of the company’s stock worth $47,991,000 after buying an additional 110,798 shares during the period. Loomis Sayles & Co. L P acquired a new stake in American Woodmark during the 1st quarter worth about $8,097,000. Finally, Epoch Investment Partners Inc. raised its holdings in American Woodmark by 34.0% during the 4th quarter. Epoch Investment Partners Inc. now owns 339,002 shares of the company’s stock worth $18,876,000 after buying an additional 85,944 shares during the period. Hedge funds and other institutional investors own 93.19% of the company’s stock.
American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.
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