Robert W. Baird set a $104.00 price target on American Woodmark (NASDAQ:AMWD) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.

AMWD has been the topic of a number of other research reports. BidaskClub lowered American Woodmark from a strong-buy rating to a buy rating in a research note on Monday, June 18th. Wells Fargo & Co assumed coverage on American Woodmark in a research note on Wednesday, June 27th. They set a market perform rating and a $100.00 price objective on the stock. Longbow Research lowered American Woodmark to a buy rating and set a $123.00 price objective on the stock. in a research note on Friday, October 12th. ValuEngine lowered American Woodmark from a hold rating to a sell rating in a research note on Monday, July 2nd. Finally, TheStreet lowered American Woodmark from a b rating to a c+ rating in a research note on Tuesday, October 9th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $106.75.

American Woodmark stock opened at $62.92 on Tuesday. The company has a current ratio of 2.06, a quick ratio of 1.35 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 0.93 and a beta of 1.89. American Woodmark has a fifty-two week low of $62.70 and a fifty-two week high of $148.44.

American Woodmark (NASDAQ:AMWD) last posted its earnings results on Monday, August 27th. The company reported $2.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.92 by $0.12. The company had revenue of $429.00 million for the quarter, compared to analyst estimates of $429.13 million. American Woodmark had a return on equity of 18.61% and a net margin of 4.68%. American Woodmark’s revenue was up 55.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.36 earnings per share. Equities analysts predict that American Woodmark will post 7.62 EPS for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of AMWD. Wells Fargo & Company MN boosted its stake in shares of American Woodmark by 10.7% during the first quarter. Wells Fargo & Company MN now owns 44,560 shares of the company’s stock valued at $4,387,000 after acquiring an additional 4,291 shares during the last quarter. JPMorgan Chase & Co. lifted its position in American Woodmark by 3.2% during the first quarter. JPMorgan Chase & Co. now owns 64,950 shares of the company’s stock worth $6,395,000 after buying an additional 2,013 shares during the period. Principal Financial Group Inc. lifted its position in American Woodmark by 1.2% during the first quarter. Principal Financial Group Inc. now owns 118,414 shares of the company’s stock worth $11,658,000 after buying an additional 1,348 shares during the period. Profund Advisors LLC lifted its position in American Woodmark by 35.9% during the first quarter. Profund Advisors LLC now owns 2,452 shares of the company’s stock worth $241,000 after buying an additional 648 shares during the period. Finally, Lord Abbett & CO. LLC lifted its position in American Woodmark by 46.5% during the first quarter. Lord Abbett & CO. LLC now owns 147,066 shares of the company’s stock worth $14,479,000 after buying an additional 46,694 shares during the period. 81.70% of the stock is currently owned by institutional investors and hedge funds.

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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