American Woodmark (NASDAQ:AMWD) Downgraded to “Sell” Rating by StockNews.com

StockNews.com downgraded shares of American Woodmark (NASDAQ:AMWD) from a hold rating to a sell rating in a report released on Monday morning.

Several other equities research analysts have also weighed in on AMWD. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. Loop Capital reduced their target price on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Finally, Robert W. Baird boosted their target price on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $114.00.

American Woodmark Trading Up 1.5 %

AMWD stock opened at $60.28 on Monday. American Woodmark has a 1-year low of $58.36 and a 1-year high of $106.57. The firm has a market cap of $907.46 million, a P/E ratio of 9.01 and a beta of 1.61. The business’s 50 day moving average is $76.05 and its 200-day moving average is $86.09. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Thursday, February 27th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.27). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The company had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million.

Insider Transactions at American Woodmark

In other American Woodmark news, Director James G. Davis sold 1,250 shares of the company’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $80.79, for a total transaction of $100,987.50. Following the transaction, the director now owns 24,573 shares of the company’s stock, valued at approximately $1,985,252.67. This represents a 4.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 5,750 shares of company stock valued at $474,548 in the last three months. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AMWD. Quarry LP lifted its holdings in American Woodmark by 215.8% during the 4th quarter. Quarry LP now owns 379 shares of the company’s stock worth $30,000 after buying an additional 259 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in American Woodmark by 842.0% during the 4th quarter. Sterling Capital Management LLC now owns 471 shares of the company’s stock worth $37,000 after buying an additional 421 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in American Woodmark during the 4th quarter worth $43,000. GAMMA Investing LLC lifted its holdings in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after buying an additional 377 shares in the last quarter. Finally, KBC Group NV lifted its stake in shares of American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock valued at $68,000 after purchasing an additional 352 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

American Woodmark Company Profile

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.