American Woodmark (AMWD) Projected to Post Earnings on Thursday

American Woodmark (NASDAQ:AMWD) is anticipated to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $1.33 per share and revenue of $409.27 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings data 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 return on equity of 12.70% and a net margin of 5.90%. The business had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.

American Woodmark Price Performance

Shares of American Woodmark stock opened at $60.67 on Tuesday. American Woodmark has a twelve month low of $60.44 and a twelve month high of $106.57. 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 company has a 50-day simple moving average of $76.91 and a two-hundred day simple moving average of $86.52. The stock has a market capitalization of $913.33 million, a price-to-earnings ratio of 9.07 and a beta of 1.61.

Analyst Upgrades and Downgrades

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

Insider Activity at American Woodmark

In related news, Director James G. Davis sold 2,821 shares of American Woodmark stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $82.23, for a total transaction of $231,970.83. Following the sale, the director now directly owns 25,823 shares of the company’s stock, valued at approximately $2,123,425.29. The trade was a 9.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 5,750 shares of company stock valued at $474,548. 1.30% of the stock is owned by insiders.

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.