Shares of American Woodmark Co. (NASDAQ:AMWD) hit a new 52-week high on Thursday . The company traded as high as $116.00 and last traded at $115.71, with a volume of 47899 shares. The stock had previously closed at $114.69.
A number of equities research analysts recently commented on AMWD shares. Zacks Investment Research upgraded American Woodmark from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Thursday, November 28th. BidaskClub lowered American Woodmark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 4th. Loop Capital started coverage on American Woodmark in a research report on Thursday, January 23rd. They issued a “hold” rating and a $121.00 target price on the stock. Finally, ValuEngine lowered American Woodmark from a “hold” rating to a “sell” rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $102.00.
The stock has a 50-day moving average of $110.40 and a 200 day moving average of $97.08. The stock has a market cap of $1.94 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 1.70 and a beta of 2.27. The company has a quick ratio of 1.12, a current ratio of 1.82 and a debt-to-equity ratio of 1.02.
American Woodmark (NASDAQ:AMWD) last issued its earnings results on Tuesday, November 26th. The company reported $1.84 EPS for the quarter, beating the Zacks’ consensus estimate of $1.71 by $0.13. The firm had revenue of $428.02 million for the quarter, compared to analyst estimates of $428.38 million. American Woodmark had a return on equity of 19.25% and a net margin of 5.43%. American Woodmark’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 earnings per share. On average, equities analysts anticipate that American Woodmark Co. will post 7.5 EPS for the current year.
In related news, SVP Robert J. Adams, Jr. sold 3,700 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $110.00, for a total value of $407,000.00. Following the sale, the senior vice president now owns 13,093 shares in the company, valued at $1,440,230. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC boosted its position in American Woodmark by 150.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 300 shares of the company’s stock worth $31,000 after purchasing an additional 180 shares in the last quarter. Penserra Capital Management LLC boosted its position in American Woodmark by 25.0% in the 3rd quarter. Penserra Capital Management LLC now owns 560 shares of the company’s stock worth $49,000 after purchasing an additional 112 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in American Woodmark by 1,730.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,190 shares of the company’s stock worth $106,000 after purchasing an additional 1,125 shares in the last quarter. Advisor Group Inc. boosted its position in American Woodmark by 7.7% in the 4th quarter. Advisor Group Inc. now owns 1,859 shares of the company’s stock worth $195,000 after purchasing an additional 133 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its position in American Woodmark by 347.5% in the 4th quarter. LS Investment Advisors LLC now owns 1,960 shares of the company’s stock worth $205,000 after purchasing an additional 1,522 shares in the last quarter. Institutional investors and hedge funds own 90.06% of the company’s stock.
About American Woodmark (NASDAQ:AMWD)
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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