American Woodmark (AMWD) Scheduled to Post Quarterly Earnings on Tuesday

American Woodmark (NASDAQ:AMWD) will be issuing its quarterly earnings data before the market opens on Tuesday, November 26th. Parties interested in listening to the company’s conference call can do so using this link.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings results on Tuesday, August 27th. The company reported $1.89 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.48). The business had revenue of $459.10 million for the quarter, compared to the consensus estimate of $475.37 million. American Woodmark had a return on equity of 13.51% and a net margin of 5.97%. The company’s quarterly revenue was down 7.9% compared to the same quarter last year. During the same period last year, the firm earned $2.78 earnings per share.

American Woodmark Price Performance

NASDAQ:AMWD opened at $97.24 on Monday. American Woodmark has a 52-week low of $70.58 and a 52-week high of $106.57. The company has a market cap of $1.51 billion, a P/E ratio of 14.41 and a beta of 1.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.98. The stock’s 50-day simple moving average is $94.60 and its 200 day simple moving average is $90.38.

Insider Buying and Selling at American Woodmark

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $90.95, for a total value of $318,325.00. Following the transaction, the chief executive officer now owns 109,932 shares in the company, valued at approximately $9,998,315.40. This trade represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AMWD. Loop Capital upgraded shares of American Woodmark from a “hold” rating to a “buy” rating and raised their target price for the company from $98.00 to $119.00 in a research note on Thursday, October 17th. Wolfe Research upgraded shares of American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Wednesday, August 14th. Finally, Robert W. Baird upped their target price on American Woodmark from $112.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $108.00.

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.