American Woodmark (NASDAQ:AMWD) Cut to “Sell” at StockNews.com

StockNews.com cut shares of American Woodmark (NASDAQ:AMWD) from a hold rating to a sell rating in a report issued on Monday morning.

Several other analysts have also weighed in on AMWD. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. Robert W. Baird raised their target price on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, Loop Capital lowered their price target on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $114.00.

American Woodmark Trading Down 2.3 %

Shares of American Woodmark stock opened at $60.67 on Monday. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The company has a market cap of $913.33 million, a price-to-earnings ratio of 9.07 and a beta of 1.61. The company’s fifty day simple moving average is $76.91 and its 200-day simple moving average is $86.52. American Woodmark has a 1 year low of $60.44 and a 1 year high of $106.57.

American Woodmark (NASDAQ:AMWD) last released its earnings results on Thursday, February 27th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.27). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The company had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million.

Insider Activity

In related news, Director James G. Davis sold 2,821 shares of the business’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $82.23, for a total value of $231,970.83. Following the sale, the director now owns 25,823 shares of the company’s stock, valued at $2,123,425.29. The trade was a 9.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders have sold 5,750 shares of company stock worth $474,548. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AMWD. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of American Woodmark during the 4th quarter worth about $4,011,000. University of Texas Texas AM Investment Management Co. bought a new stake in American Woodmark during the fourth quarter worth about $1,129,000. Public Employees Retirement System of Ohio acquired a new stake in shares of American Woodmark during the fourth quarter worth approximately $43,000. Paradigm Capital Management Inc. NY bought a new position in shares of American Woodmark in the fourth quarter valued at approximately $23,954,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of American Woodmark by 11.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,047 shares of the company’s stock worth $3,264,000 after acquiring an additional 4,307 shares in the last quarter. 95.47% of the stock is 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.