Somewhat Positive News Coverage Somewhat Unlikely to Impact American Woodmark (AMWD) Share Price

Press coverage about American Woodmark (NASDAQ:AMWD) has been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Woodmark earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.5090008800428 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

NASDAQ AMWD opened at $84.80 on Thursday. American Woodmark has a fifty-two week low of $78.75 and a fifty-two week high of $148.44. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.27 and a quick ratio of 1.68. The company has a market capitalization of $1,481.66, a price-to-earnings ratio of 19.06 and a beta of 1.74.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Friday, March 9th. The company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.04). American Woodmark had a return on equity of 17.54% and a net margin of 5.56%. The business had revenue of $292.80 million during the quarter, compared to analysts’ expectations of $276.60 million. During the same quarter last year, the business posted $0.89 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. research analysts expect that American Woodmark will post 4.53 earnings per share for the current year.

AMWD has been the subject of several research analyst reports. Zacks Investment Research cut American Woodmark from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BidaskClub cut American Woodmark from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 27th. Longbow Research upgraded American Woodmark from a “neutral” rating to a “buy” rating in a report on Friday, February 9th. Finally, ValuEngine cut American Woodmark from a “hold” rating to a “sell” rating in a report on Thursday, April 19th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $140.00.

In other news, Director Vance W. Tang bought 2,000 shares of the stock in a transaction dated Wednesday, March 28th. The stock was bought at an average price of $97.55 per share, for a total transaction of $195,100.00. Following the purchase, the director now directly owns 13,170 shares in the company, valued at approximately $1,284,733.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $139.25, for a total value of $69,625.00. Following the completion of the transaction, the insider now owns 46,609 shares of the company’s stock, valued at approximately $6,490,303.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,500 shares of company stock valued at $185,000. 1.10% of the stock is currently owned by company insiders.

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American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and home construction markets in the United States. The company offers framed stock cabinets in approximately 514 various cabinet lines, which include 85 door designs in a range of painted and stained finishes on maple, cherry, and oak, as well as engineered fronts under the Duraform mark name.

Insider Buying and Selling by Quarter for American Woodmark (NASDAQ:AMWD)

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