Press coverage about American Woodmark (NASDAQ:AMWD) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American Woodmark earned a news impact score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.3303932439293 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of research analysts have recently commented on AMWD shares. BidaskClub upgraded American Woodmark from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Zacks Investment Research downgraded American Woodmark from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 14th. Finally, Longbow Research upgraded American Woodmark from a “neutral” rating to a “buy” rating in a report on Friday, February 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $140.00.
Shares of AMWD traded up $1.50 during mid-day trading on Friday, reaching $98.90. The company’s stock had a trading volume of 363,031 shares, compared to its average volume of 329,981. The company has a market cap of $1,731.05, a P/E ratio of 22.22 and a beta of 1.74. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.68 and a current ratio of 2.27. American Woodmark has a 12-month low of $78.75 and a 12-month high of $148.44.
American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Friday, March 9th. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.04). The firm had revenue of $292.80 million for the quarter, compared to analysts’ expectations of $276.60 million. American Woodmark had a return on equity of 17.54% and a net margin of 5.56%. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 EPS. analysts predict that American Woodmark will post 4.7 earnings per share for the current fiscal year.
In related news, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 28th. The stock was sold at an average price of $97.40, for a total transaction of $48,700.00. Following the transaction, the insider now owns 45,609 shares in the company, valued at approximately $4,442,316.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Vance W. Tang purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 28th. The shares were purchased at an average price of $97.55 per share, for a total transaction of $195,100.00. Following the purchase, the director now directly owns 13,170 shares in the company, valued at $1,284,733.50. The disclosure for this purchase can be found here. Insiders have sold a total of 25,500 shares of company stock worth $3,370,160 in the last 90 days. 1.10% of the stock is currently owned by company insiders.
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American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and home construction markets in the United States. The company offers framed stock cabinets in approximately 514 various cabinet lines, which include 85 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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