American Woodmark (NASDAQ:AMWD) had its price target boosted by Robert W. Baird from $108.00 to $142.00 in a research note issued to investors on Monday. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s target price indicates a potential upside of 11.20% from the company’s previous close.

Other analysts also recently issued research reports about the stock. BidaskClub downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Zacks Investment Research raised shares of American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday, September 19th.

American Woodmark (NASDAQ:AMWD) traded up $28.10 during trading on Monday, hitting $127.70. 1,087,100 shares of the stock traded hands, compared to its average volume of 110,246. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.04. American Woodmark has a 1 year low of $69.65 and a 1 year high of $136.05. The company has a market capitalization of $2,075.11, a P/E ratio of 28.50 and a beta of 1.57.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings results on Friday, December 1st. The company reported $1.23 earnings per share for the quarter, missing the Thomson Reuters’ 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 company had revenue of $274.80 million for the quarter, compared to the consensus estimate of $280.60 million. During the same period in the prior year, the firm posted $1.10 EPS. The business’s revenue was up 4.1% on a year-over-year basis. research analysts expect that American Woodmark will post 4.92 earnings per share for the current year.

In related news, insider Steven Cary Dunston sold 500 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $99.35, for a total value of $49,675.00. Following the completion of the transaction, the insider now owns 48,609 shares of the company’s stock, valued at $4,829,304.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Vance W. Tang sold 1,700 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $90.05, for a total transaction of $153,085.00. Following the completion of the transaction, the director now directly owns 11,170 shares of the company’s stock, valued at approximately $1,005,858.50. The disclosure for this sale can be found here. Insiders sold 76,168 shares of company stock valued at $7,144,144 in the last three months. 1.10% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of the stock. Alps Advisors Inc. grew its holdings in American Woodmark by 0.3% in the second quarter. Alps Advisors Inc. now owns 5,549 shares of the company’s stock worth $530,000 after purchasing an additional 15 shares during the last quarter. Pinebridge Investments L.P. grew its holdings in American Woodmark by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 1,840 shares of the company’s stock worth $176,000 after purchasing an additional 18 shares during the last quarter. Texas Permanent School Fund grew its holdings in American Woodmark by 0.9% in the second quarter. Texas Permanent School Fund now owns 10,193 shares of the company’s stock worth $974,000 after purchasing an additional 86 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in American Woodmark by 3.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 3,300 shares of the company’s stock worth $315,000 after purchasing an additional 100 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in American Woodmark by 3.0% in the second quarter. BNP Paribas Arbitrage SA now owns 4,135 shares of the company’s stock worth $395,000 after purchasing an additional 122 shares during the last quarter. 80.48% of the stock is owned by institutional investors.

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About American Woodmark

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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