American Woodmark (NASDAQ:AMWD – Get Rating) was downgraded by Zacks Advance Analysis from a “hold” appraisement to a “sell” appraisement in a analysis abode issued to audience and investors on Wednesday, Zacks.com reports.
According to Zacks, “American Woodmark Corporation is the third-largest architect of kitchen and ablution cabinets. Offering added than 340 chiffonier curve in a advanced array of designs, abstracts and finishes, American Woodmark articles are awash through a arrangement of dealers and distributors and anon to home centers and above homebuilders. American Woodmark offers over 500 chiffonier styles for the adjustment and new home architecture markets beneath four above brands: American Woodmark, Shenandoah Cabinetry, Timberlake Cabinetry, and Waypoint Living Spaces. American Woodmark cabinetry is created to accompany fashion, adorableness and action to the affection of the home. American Woodmark bodies are committed to accouterment outstanding amount and a above chump experience. American Woodmark aggregation is focused on continued term, acceptable growth. They action advisers the befalling for able advance while advancement a work-life balance. “
A cardinal of added brokerages additionally afresh issued letters on AMWD. StockNews.com accomplished advantage on shares of American Woodmark in a analysis abode on Thursday, March 31st. They issued a “sell” appraisement on the stock. TheStreet downgraded shares of American Woodmark from a “c” appraisement to a “d ” appraisement in a analysis abode on Thursday, February 24th. Loop Capital downgraded shares of American Woodmark from a “buy” appraisement to a “hold” appraisement and cut their amount cold for the banal from $63.00 to $59.00 in a analysis abode on Wednesday, March 23rd. Finally, Robert W. Baird cut their amount cold on shares of American Woodmark from $75.00 to $70.00 and set a “neutral” appraisement on the banal in a analysis abode on Thursday, February 17th. Two advance analysts accept rated the banal with a advertise appraisement and three accept accustomed a authority appraisement to the company’s stock. Based on abstracts from MarketBeat, the banal has a accord appraisement of “Hold” and an boilerplate ambition amount of $64.75.
American Woodmark (NASDAQ:AMWD – Get Rating) aftermost issued its annual balance abstracts on Thursday, May 26th. The aggregation appear $1.38 balance per allotment (EPS) for the quarter, topping analysts’ accord estimates of $1.34 by $0.04. American Woodmark had a abrogating net allowance of 1.60% and a absolute acknowledgment on disinterestedness of 7.30%. The close had acquirement of $501.70 actor for the quarter, compared to the accord appraisal of $493.21 million. During the aforementioned division in the antecedent year, the close becoming $1.28 EPS. The company’s annual acquirement was up 6.0% compared to the aforementioned division aftermost year. Analysis analysts apprehend that American Woodmark will column 6.43 balance per allotment for the accepted budgetary year.
In accompanying news, Administrator David A. Rodriguez bought 1,005 shares of the banal in a transaction that occurred on Thursday, March 31st. The banal was bought at an boilerplate amount of $49.64 per share, for a absolute transaction of $49,888.20. Following the purchase, the administrator now anon owns 2,882 shares of the company’s stock, admired at $143,062.48. The acquirement was appear in a certificate filed with the Securities & Exchange Commission, which is attainable through this hyperlink. 1.10% of the banal is endemic by aggregation insiders.
A cardinal of barrier funds and added institutional investors accept afresh fabricated changes to their positions in the business. Public Advisers Retirement System of Ohio aerial its pale in American Woodmark by 23.5% during the 4th quarter. Public Advisers Retirement System of Ohio now owns 1,409 shares of the company’s banal admired at $92,000 afterwards accepting an added 268 shares during the period. Bank of Montreal Can aerial its pale in shares of American Woodmark by 6.2% in the 1st quarter. Bank of Montreal Can now owns 4,824 shares of the company’s banal admired at $257,000 afterwards purchasing an added 282 shares during the period. Salvus Wealth Management LLC aerial its pale in shares of American Woodmark by 3.7% in the 4th quarter. Salvus Wealth Management LLC now owns 8,498 shares of the company’s banal admired at $554,000 afterwards purchasing an added 302 shares during the period. First Horizon Advisors Inc. aerial its pale in shares of American Woodmark by 128.5% in the 4th quarter. First Horizon Advisors Inc. now owns 546 shares of the company’s banal admired at $35,000 afterwards purchasing an added 307 shares during the period. Finally, PNC Financial Casework Group Inc. aerial its pale in shares of American Woodmark by 1.4% in the 1st quarter. PNC Financial Casework Group Inc. now owns 26,580 shares of the company’s banal admired at $1,302,000 afterwards purchasing an added 365 shares during the period. Institutional investors and barrier funds own 93.19% of the company’s stock.
About American Woodmark (Get Rating)
American Woodmark Corporation articles and distributes kitchen, bath, and home alignment articles for the remodelling and new home architecture markets in the United States. It offers made-to-order and banknote and backpack products. The aggregation additionally provides turnkey accession casework to its absolute architect barter through a arrangement of eight account centers.
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