American Woodmark (NASDAQ:AMWD) Earns “Underperform” Rating from Zelman & Associates

American Woodmark (NASDAQ:AMWD)‘s stock had its “underperform” rating reaffirmed by analysts at Zelman & Associates in a research note issued to investors on Monday, Marketbeat.com reports.

A number of other equities research analysts have also weighed in on the company. Wolfe Research lowered American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. StockNews.com upgraded shares of American Woodmark from a “sell” rating to a “hold” rating in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $114.00.

American Woodmark Trading Down 1.5 %

NASDAQ AMWD opened at $55.74 on Monday. American Woodmark has a 52 week low of $52.20 and a 52 week high of $106.57. The company has a 50 day moving average price of $63.38 and a 200 day moving average price of $79.30. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The firm has a market cap of $826.90 million, a PE ratio of 8.33 and a beta of 1.31.

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). The business had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Y Intercept Hong Kong Ltd increased its holdings in American Woodmark by 4.2% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 3,049 shares of the company’s stock worth $285,000 after buying an additional 122 shares during the period. GAMMA Investing LLC increased its stake in shares of American Woodmark by 32.9% in the first quarter. GAMMA Investing LLC now owns 795 shares of the company’s stock worth $47,000 after acquiring an additional 197 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of American Woodmark by 1.3% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 15,420 shares of the company’s stock worth $1,227,000 after purchasing an additional 200 shares during the last quarter. Quarry LP lifted its position in American Woodmark by 215.8% during the fourth quarter. Quarry LP now owns 379 shares of the company’s stock valued at $30,000 after purchasing an additional 259 shares during the period. Finally, Vident Advisory LLC grew its position in American Woodmark by 4.6% during the 4th quarter. Vident Advisory LLC now owns 6,398 shares of the company’s stock worth $509,000 after purchasing an additional 281 shares during the period. 95.47% of the stock is currently owned by hedge funds and other 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.