American Woodmark (NASDAQ:AMWD) Stock Rating Upgraded by TheStreet

American Woodmark (NASDAQ:AMWDGet Rating) was upgraded by TheStreet from a “d+” rating to a “c” rating in a note issued to investors on Tuesday, TheStreetRatingsTable reports.

Other research analysts also recently issued reports about the stock. Loop Capital raised their price objective on shares of American Woodmark from $47.00 to $49.00 in a report on Wednesday, August 31st. Robert W. Baird increased their target price on shares of American Woodmark from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 31st. Deutsche Bank Aktiengesellschaft lowered their target price on shares of American Woodmark from $45.00 to $39.00 and set a “sell” rating on the stock in a research note on Thursday, October 20th. Finally, StockNews.com began coverage on shares of American Woodmark in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $48.67.

American Woodmark Stock Up 3.6 %

AMWD opened at $56.70 on Tuesday. The company has a 50 day moving average of $47.25 and a 200 day moving average of $48.40. The company has a market cap of $942.47 million, a PE ratio of -73.64 and a beta of 1.79. American Woodmark has a 12 month low of $40.70 and a 12 month high of $69.59. The company has a current ratio of 1.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.61.

American Woodmark (NASDAQ:AMWDGet Rating) last released its quarterly earnings data on Tuesday, August 30th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.31 by $0.40. The company had revenue of $542.90 million during the quarter, compared to the consensus estimate of $514.10 million. American Woodmark had a negative net margin of 0.65% and a positive return on equity of 9.35%. American Woodmark’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same period last year, the firm earned $0.70 EPS. On average, sell-side analysts expect that American Woodmark will post 6.32 EPS for the current year.

Institutional Trading of American Woodmark

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of American Woodmark by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 1,468,355 shares of the company’s stock valued at $71,876,000 after buying an additional 32,812 shares in the last quarter. Cooke & Bieler LP raised its position in shares of American Woodmark by 2.3% during the 1st quarter. Cooke & Bieler LP now owns 1,270,371 shares of the company’s stock valued at $62,185,000 after buying an additional 28,209 shares in the last quarter. Wellington Management Group LLP raised its position in shares of American Woodmark by 9.3% during the 1st quarter. Wellington Management Group LLP now owns 1,184,109 shares of the company’s stock valued at $57,962,000 after buying an additional 100,455 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of American Woodmark by 6.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 982,546 shares of the company’s stock valued at $43,095,000 after buying an additional 55,571 shares in the last quarter. Finally, Pzena Investment Management LLC raised its position in shares of American Woodmark by 1.8% during the 2nd quarter. Pzena Investment Management LLC now owns 870,299 shares of the company’s stock valued at $39,172,000 after buying an additional 15,761 shares in the last quarter. Hedge funds and other institutional investors own 91.57% of the company’s stock.

About American Woodmark

(Get Rating)

American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.

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