American Woodmark (NASDAQ:AMWD) announced its quarterly earnings data on Friday. The company reported $0.84 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.04), Bloomberg Earnings reports. The company had revenue of $292.80 million during the quarter, compared to the consensus estimate of $276.60 million. American Woodmark had a net margin of 6.98% and a return on equity of 20.56%. American Woodmark’s revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS.
Shares of American Woodmark (NASDAQ:AMWD) opened at $121.75 on Friday. American Woodmark has a one year low of $78.75 and a one year high of $148.44. The stock has a market cap of $2,130.99, a PE ratio of 32.47 and a beta of 1.59. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.04.
AMWD has been the subject of several analyst reports. Zacks Investment Research upgraded American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price objective for the company in a report on Wednesday, December 6th. Longbow Research upgraded American Woodmark from a “neutral” rating to a “buy” rating in a report on Friday, February 9th. BidaskClub upgraded American Woodmark from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Finally, Robert W. Baird raised their price objective on American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a report on Monday, December 4th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. American Woodmark currently has an average rating of “Buy” and an average price target 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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