American Woodmark’s (AMWD) “Underperform” Rating Reiterated at Zelman & Associates

Zelman & Associates reaffirmed their underperform rating on shares of American Woodmark (NASDAQ:AMWD) in a research note issued to investors on Monday morning, Marketbeat.com reports.

Other equities analysts have also recently issued reports about the stock. Wolfe Research cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. StockNews.com raised American Woodmark from a “sell” rating to a “hold” rating in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $114.00.

American Woodmark Stock Down 1.9 %

AMWD stock opened at $54.66 on Monday. The business has a 50-day simple moving average of $62.94 and a 200 day simple moving average of $79.13. The company has a market cap of $810.88 million, a PE ratio of 8.17 and a beta of 1.31. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. American Woodmark has a 52 week low of $52.20 and a 52 week high of $106.57.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.27). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The business had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million.

Institutional Trading of American Woodmark

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP raised its holdings in American Woodmark by 215.8% during the 4th quarter. Quarry LP now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 259 shares during the last quarter. Sterling Capital Management LLC raised its stake in American Woodmark by 842.0% during the fourth quarter. Sterling Capital Management LLC now owns 471 shares of the company’s stock worth $37,000 after buying an additional 421 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in American Woodmark in the fourth quarter valued at $43,000. GAMMA Investing LLC lifted its stake in shares of American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock valued at $48,000 after purchasing an additional 377 shares during the period. Finally, KBC Group NV increased its holdings in American Woodmark by 69.6% in the fourth quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors.

American Woodmark Company Profile

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.