BidaskClub upgraded shares of American Woodmark (NASDAQ:AMWD) from a hold rating to a buy rating in a report issued on Saturday, BidAskClub reports.

Other equities analysts have also issued reports about the stock. Sidoti initiated coverage on shares of American Woodmark in a report on Tuesday, February 19th. They set a buy rating and a $95.00 target price for the company. Zacks Investment Research raised shares of American Woodmark from a strong sell rating to a hold rating in a report on Tuesday, January 29th. Finally, ValuEngine raised shares of American Woodmark from a strong sell rating to a sell rating in a report on Monday, March 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $102.80.

AMWD opened at $88.45 on Friday. American Woodmark has a 12-month low of $53.35 and a 12-month high of $108.20. The company has a quick ratio of 1.24, a current ratio of 2.05 and a debt-to-equity ratio of 1.17. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of 1.41 and a beta of 2.31.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings results on Tuesday, February 26th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. American Woodmark had a net margin of 4.91% and a return on equity of 19.40%. The company had revenue of $384.00 million during the quarter, compared to analyst estimates of $387.66 million. During the same period last year, the firm posted $0.84 EPS. American Woodmark’s revenue for the quarter was up 31.1% compared to the same quarter last year. Analysts expect that American Woodmark will post 6.95 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of American Woodmark by 9.7% during the 4th quarter. Geode Capital Management LLC now owns 171,481 shares of the company’s stock valued at $9,548,000 after purchasing an additional 15,118 shares in the last quarter. Norges Bank purchased a new position in shares of American Woodmark during the 4th quarter valued at approximately $11,294,000. Millennium Management LLC increased its holdings in shares of American Woodmark by 27.5% during the 4th quarter. Millennium Management LLC now owns 279,263 shares of the company’s stock valued at $15,549,000 after purchasing an additional 60,174 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of American Woodmark by 2.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 10,908 shares of the company’s stock valued at $607,000 after purchasing an additional 239 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan purchased a new position in shares of American Woodmark during the 4th quarter valued at approximately $340,000. 92.13% of the stock is owned by hedge funds and other institutional investors.

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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