American Woodmark (NASDAQ:AMWD) announced its quarterly earnings data on Friday. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.04), Bloomberg Earnings reports. American Woodmark had a return on equity of 20.56% and a net margin of 6.98%. The company had revenue of $292.80 million for the quarter, compared to the consensus estimate of $276.60 million. During the same quarter in the prior year, the company earned $0.89 EPS. The company’s revenue for the quarter was up 17.4% on a year-over-year basis.
Shares of American Woodmark (NASDAQ:AMWD) opened at $121.75 on Friday. American Woodmark has a 12 month low of $78.75 and a 12 month high of $148.44. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $2,130.99, a price-to-earnings ratio of 32.47 and a beta of 1.59.
A number of equities research analysts have recently issued reports on AMWD shares. BidaskClub upgraded American Woodmark from a “sell” rating to a “hold” rating in a research note on Wednesday, February 21st. Zacks Investment Research upgraded American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Wednesday, December 6th. Robert W. Baird upped their price objective on American Woodmark from $108.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, December 4th. Finally, Longbow Research upgraded American Woodmark from a “neutral” rating to a “buy” rating in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. American Woodmark presently has an average rating of “Buy” and an average target price of $140.00.
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American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.
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