American Woodmark (NASDAQ:AMWD) Gets Neutral Rating from Zelman & Associates

Zelman & Associates maintained its neutral rating on the stock. American Woodmark (NASDAQ:AMWD – Free Report) in a report issued on Wednesday, Benzinga reports.

Several other research analysts also commented on AMWD. Robert W. Baird lowered his price target on shares of American Woodmark from $122.00 to $116.00 and set an “outperform” rating for the stock in a research note on Friday, May 24. Loop Capital lowered their price target on shares of American Woodmark from $112.00 to $100.00 and set a “hold” rating for the stock in a research note on Friday, May 24. Five equities research analysts have rated the stock a “hold,” while one has given the company a “buy” rating. The company currently has an average rating of “Hold” and a consensus price target of $95.75, according to MarketBeat.

Check out our latest stock report on American Woodmark

American Woodmark shares fall 2.3%

Shares of NASDAQ:AMWD opened at $91.32 on Wednesday. American Woodmark has a 52-week low of $65.01 and a 52-week high of $104.28. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.24 and a current ratio of 2.06. The company has a market capitalization of $1.42 billion, a P/E ratio of 12.79 and a beta of 1.62. The company has a 50-day simple moving average of $85.14 and a 200-day simple moving average of $91.22.

American Woodmark (NASDAQ:AMWD – Get Free Report) last released its financial results on Thursday, May 23. The company reported $1.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.05). American Woodmark had a return on equity of 15.43% and a net margin of 6.29%. The company had revenue of $453.28 million for the quarter, compared to analysts’ expectations of $437.80 million. The research analysts as a group expect American Woodmark to post $8.31 earnings per share for the current year.

American Woodmark Insider Buying and Selling

In related news, Director Philip D. Fracassa acquired 600 shares of the company’s stock in a transaction on Thursday, May 30. The shares were acquired at an average price of $86.66 per share, for a total transaction value of $51,996.00. Following the transaction, the director now owns 600 shares of the company’s stock, valued at approximately $51,996. The acquisition was disclosed in an SEC filing, which is available at this link . Corporate insiders own 1.30% of the company’s stock.

Institutional investors evaluate the American company Woodmark

Several institutional investors recently modified their holdings in the company. SG Americas Securities LLC increased its holdings in American Woodmark by 33.2% in the second quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock worth $193,000 after purchasing an additional 612 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in American Woodmark by 67.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock worth $94,000 after purchasing an additional 377 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in American Woodmark by 3.5% in the first 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 increased its holdings in American Woodmark by 155.3% during the first quarter. Lazard Asset Management LLC now owns 7,671 shares of the company’s stock valued at $779,000 after purchasing an additional 4,666 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in American Woodmark during the first quarter valued at approximately $561,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

American Woodmark company profile

(Download the free report)

American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization and hardware products for the remodeling and new construction markets in the United States. The company offers products on a custom and cash basis. It also provides comprehensive installation services to its direct construction customers through a network of eight service centers.

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