American Woodmark (NASDAQ:AMWD) Posts Earnings Results, Misses Estimates By $0.48 EPS

American Woodmark (NASDAQ:AMWD) posted its quarterly earnings data on Tuesday. The company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48), Briefing.com reports. The company had revenue of $459.10 million for the quarter, compared to analyst estimates of $475.37 million. American Woodmark had a net margin of 6.29% and a return on equity of 15.43%. The firm’s revenue was down 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.78 EPS.

American Woodmark Trading Down 1.0 %

NASDAQ AMWD opened at $88.29 on Thursday. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 12.37 and a beta of 1.62. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.06 and a quick ratio of 1.24. American Woodmark has a 12 month low of $65.01 and a 12 month high of $106.57. The company’s fifty day moving average price is $88.59 and its two-hundred day moving average price is $91.70.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Zelman & Associates restated a “neutral” rating on shares of American Woodmark in a report on Wednesday, July 17th. Wolfe Research raised American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Wednesday, August 14th. Robert W. Baird dropped their target price on American Woodmark from $116.00 to $112.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Loop Capital dropped their price objective on shares of American Woodmark from $100.00 to $98.00 and set a “hold” rating for the company in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $102.00.

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.