Brokerages Set American Woodmark Co. (NASDAQ:AMWD) Price Target at $93.25

Shares of American Woodmark Co. (NASDAQ:AMWDGet Free Report) have been assigned an average recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $93.25.

Several research analysts have recently weighed in on the stock. Robert W. Baird upped their target price on shares of American Woodmark from $120.00 to $122.00 and gave the company an “outperform” rating in a research note on Friday, March 1st. StockNews.com downgraded American Woodmark from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th.

Check Out Our Latest Analysis on AMWD

Institutional Investors Weigh In On American Woodmark

A number of institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its position in shares of American Woodmark by 3.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,359 shares of the company’s stock worth $1,257,000 after purchasing an additional 423 shares during the period. Lazard Asset Management LLC lifted its stake in American Woodmark by 155.3% in the first quarter. Lazard Asset Management LLC now owns 7,671 shares of the company’s stock valued at $779,000 after buying an additional 4,666 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of American Woodmark during the first quarter valued at $561,000. Keeley Teton Advisors LLC grew its position in shares of American Woodmark by 66.6% during the first quarter. Keeley Teton Advisors LLC now owns 23,964 shares of the company’s stock worth $2,436,000 after acquiring an additional 9,576 shares during the last quarter. Finally, EntryPoint Capital LLC grew its position in shares of American Woodmark by 67.8% during the first quarter. EntryPoint Capital LLC now owns 1,562 shares of the company’s stock worth $159,000 after acquiring an additional 631 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

American Woodmark Stock Down 1.0 %

Shares of NASDAQ:AMWD opened at $93.69 on Friday. American Woodmark has a 12-month low of $53.80 and a 12-month high of $104.28. The company has a current ratio of 2.14, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41. The stock’s 50-day moving average price is $96.05 and its two-hundred day moving average price is $90.86. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 12.92 and a beta of 1.73.

American Woodmark (NASDAQ:AMWDGet Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.53. The company had revenue of $422.10 million for the quarter, compared to analysts’ expectations of $394.56 million. American Woodmark had a return on equity of 16.72% and a net margin of 6.38%. The firm’s quarterly revenue was down 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 earnings per share. On average, research analysts forecast that American Woodmark will post 8.6 EPS for the current year.

About American Woodmark

(Get Free Report

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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Analyst Recommendations for American Woodmark (NASDAQ:AMWD)

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