American Woodmark (AMWD) Expected to Announce Earnings on Thursday

American Woodmark (NASDAQ:AMWD) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect American Woodmark to post earnings of $1.33 per share and revenue of $409.27 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (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 firm had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

American Woodmark Stock Performance

Shares of American Woodmark stock opened at $59.37 on Wednesday. American Woodmark has a one year low of $58.36 and a one year high of $106.57. The company has a market cap of $893.76 million, a price-to-earnings ratio of 8.87 and a beta of 1.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The business’s 50 day moving average price is $76.47 and its 200 day moving average price is $86.27.

Insider Buying and Selling at American Woodmark

In other American Woodmark news, Director James G. Davis sold 1,250 shares of American Woodmark stock in a transaction on Friday, December 27th. The stock was sold at an average price of $80.79, for a total value of $100,987.50. Following the sale, the director now owns 24,573 shares in the company, valued at $1,985,252.67. The trade was a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 5,750 shares of company stock worth $474,548 over the last quarter. 1.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on AMWD shares. Loop Capital reduced their price objective on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Wolfe Research downgraded American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. StockNews.com downgraded American Woodmark from a “hold” rating to a “sell” rating in a research report on Monday. Finally, Robert W. Baird lifted their price objective on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $114.00.

About American Woodmark

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.