Analysts expect American Woodmark Co. (NASDAQ:AMWD) to report $430.78 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for American Woodmark’s earnings, with the lowest sales estimate coming in at $428.30 million and the highest estimate coming in at $433.25 million. American Woodmark posted sales of $428.96 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 0.4%. The business is scheduled to announce its next earnings report on Monday, August 26th.

On average, analysts expect that American Woodmark will report full-year sales of $1.71 billion for the current year, with estimates ranging from $1.71 billion to $1.72 billion. For the next fiscal year, analysts anticipate that the company will post sales of $1.80 billion, with estimates ranging from $1.79 billion to $1.80 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that cover American Woodmark.

American Woodmark (NASDAQ:AMWD) last announced its earnings results on Tuesday, May 28th. The company reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.01). The business had revenue of $407.40 million for the quarter, compared to the consensus estimate of $413.45 million. American Woodmark had a net margin of 5.09% and a return on equity of 19.51%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.64 earnings per share.

Several analysts recently issued reports on the stock. ValuEngine lowered shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, May 28th. Wells Fargo & Co boosted their target price on shares of American Woodmark from $70.00 to $80.00 and gave the company a “market perform” rating in a research report on Wednesday, May 29th. BidaskClub upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. Sidoti set a $105.00 price target on shares of American Woodmark and gave the company a “buy” rating in a report on Friday, May 17th. Finally, Zacks Investment Research raised shares of GCP Applied Technologies from a “sell” rating to a “hold” rating in a report on Friday, May 31st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. American Woodmark currently has an average rating of “Hold” and a consensus price target of $100.80.

Large investors have recently modified their holdings of the business. Millennium Management LLC lifted its holdings in American Woodmark by 27.5% during the fourth quarter. Millennium Management LLC now owns 279,263 shares of the company’s stock valued at $15,549,000 after purchasing an additional 60,174 shares in the last quarter. Brasada Capital Management LP purchased a new position in shares of American Woodmark in the first quarter worth $289,000. SG Americas Securities LLC purchased a new position in shares of American Woodmark in the first quarter worth $379,000. Royce & Associates LP lifted its holdings in shares of American Woodmark by 37.9% in the fourth quarter. Royce & Associates LP now owns 112,313 shares of the company’s stock worth $6,254,000 after buying an additional 30,884 shares in the last quarter. Finally, Tributary Capital Management LLC lifted its holdings in shares of American Woodmark by 14.5% in the first quarter. Tributary Capital Management LLC now owns 259,112 shares of the company’s stock worth $21,410,000 after buying an additional 32,728 shares in the last quarter. 94.07% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ AMWD traded up $2.83 during trading hours on Friday, hitting $84.67. 91,181 shares of the company’s stock traded hands, compared to its average volume of 168,845. The stock has a fifty day simple moving average of $79.91. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.05 and a quick ratio of 1.32. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 1.26 and a beta of 2.37. American Woodmark has a 52 week low of $53.35 and a 52 week high of $98.48.

American Woodmark Company Profile

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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