News stories about American Woodmark (NASDAQ:AMWD) have trended positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Woodmark earned a news impact score of 0.26 on Accern’s scale. Accern also gave media coverage about the company an impact score of 44.9884918132618 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of equities research analysts have recently commented on AMWD shares. BidaskClub lowered shares of American Woodmark from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th. Zacks Investment Research raised shares of American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Wednesday, December 6th. Robert W. Baird upped their price objective on shares of American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, December 4th. Finally, Longbow Research raised shares of American Woodmark from a “neutral” rating to a “buy” rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $141.00.
Shares of American Woodmark (AMWD) opened at $131.90 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.41 and a quick ratio of 2.95. American Woodmark has a 12 month low of $76.30 and a 12 month high of $148.44. The company has a market cap of $2,310.00, a price-to-earnings ratio of 29.18 and a beta of 1.58.
American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings data on Friday, December 1st. The company reported $1.23 EPS for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.01). American Woodmark had a net margin of 6.98% and a return on equity of 20.56%. The firm had revenue of $274.80 million during the quarter, compared to the consensus estimate of $280.60 million. During the same period in the prior year, the company posted $1.10 earnings per share. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. sell-side analysts anticipate that American Woodmark will post 4.96 earnings per share for the current year.
In related news, major shareholder William F. Brandt sold 18,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $117.75, for a total transaction of $2,119,500.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Steven Cary Dunston sold 500 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $139.25, for a total transaction of $69,625.00. Following the transaction, the insider now owns 46,609 shares in the company, valued at approximately $6,490,303.25. The disclosure for this sale can be found here. Insiders have sold a total of 77,000 shares of company stock worth $9,419,555 in the last quarter. 1.10% of the stock is owned by corporate insiders.
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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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