American Woodmark (NASDAQ:AMWD) issued its quarterly earnings results on Tuesday. The company reported $1.87 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.88 by ($0.01), Briefing.com reports. The company had revenue of $407.40 million during the quarter, compared to analysts’ expectations of $413.45 million. American Woodmark had a return on equity of 19.40% and a net margin of 4.91%. American Woodmark’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the firm posted $1.64 earnings per share.
Shares of American Woodmark stock opened at $75.90 on Wednesday. American Woodmark has a 52-week low of $53.35 and a 52-week high of $108.20. The stock has a market capitalization of $1.44 billion, a P/E ratio of 14.48, a PEG ratio of 1.21 and a beta of 2.30. The company has a current ratio of 2.05, a quick ratio of 1.24 and a debt-to-equity ratio of 1.17.
AMWD has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of American Woodmark from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 29th. BidaskClub raised shares of American Woodmark from a “hold” rating to a “buy” rating in a report on Thursday, February 14th. Sidoti initiated coverage on shares of American Woodmark in a report on Tuesday, February 19th. They issued a “buy” rating and a $95.00 price target on the stock. Finally, ValuEngine raised shares of American Woodmark from a “strong sell” rating to a “sell” rating in a report on Monday, March 25th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. American Woodmark presently has a consensus rating of “Hold” and a consensus target price of $104.80.
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American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers framed stock cabinets in approximately 420 various cabinet lines, which include 90 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.
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