American Woodmark (NASDAQ:AMWD) was downgraded by stock analysts at TheStreet from a “b” rating to a “c+” rating in a note issued to investors on Tuesday.

A number of other equities analysts also recently commented on the company. Zacks Investment Research downgraded American Woodmark from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 31st. ValuEngine downgraded American Woodmark from a “sell” rating to a “strong sell” rating in a report on Thursday, September 13th. BidaskClub downgraded American Woodmark from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 18th. Finally, Wells Fargo & Co started coverage on American Woodmark in a report on Wednesday, June 27th. They issued a “market perform” rating and a $100.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $112.00.

American Woodmark stock opened at $70.91 on Tuesday. The stock has a market capitalization of $1.38 billion, a PE ratio of 13.53, a PEG ratio of 1.14 and a beta of 1.89. The company has a current ratio of 2.06, a quick ratio of 1.35 and a debt-to-equity ratio of 1.23. American Woodmark has a 12 month low of $69.51 and a 12 month high of $148.44.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Monday, August 27th. The company reported $2.04 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.12. The company had revenue of $429.00 million for the quarter, compared to the consensus estimate of $429.13 million. American Woodmark had a return on equity of 18.61% and a net margin of 4.68%. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same period last year, the business posted $1.36 EPS. On average, equities analysts forecast that American Woodmark will post 7.62 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in shares of American Woodmark by 7.8% during the 2nd quarter. BlackRock Inc. now owns 2,069,767 shares of the company’s stock valued at $189,487,000 after buying an additional 150,285 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of American Woodmark by 6.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 703,773 shares of the company’s stock valued at $64,430,000 after buying an additional 42,722 shares during the period. Vaughan Nelson Investment Management L.P. raised its holdings in shares of American Woodmark by 7.8% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 412,529 shares of the company’s stock valued at $37,767,000 after buying an additional 29,675 shares during the period. FMR LLC raised its holdings in shares of American Woodmark by 47.2% during the 2nd quarter. FMR LLC now owns 362,452 shares of the company’s stock valued at $33,182,000 after buying an additional 116,185 shares during the period. Finally, Paradigm Capital Management Inc. NY raised its holdings in shares of American Woodmark by 35.0% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 316,889 shares of the company’s stock valued at $29,011,000 after buying an additional 82,089 shares during the period. Institutional investors and hedge funds own 81.74% of the company’s stock.

About American Woodmark

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 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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