There’s Still Time to Buy American Woodmark Corp. (NASDAQ:AMWD) Stock

The price of American Woodmark Corp. (NASDAQ:AMWD) shares last traded on Wall Street fell -3.91% to $89.04.

AMWD stock price is now -7.06% away from the 50-day moving average and 3.90% away from the 200-day moving average. The market capitalization of the company currently stands at $1.41B.

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With the price target enhanced from $105 to $120, Robert W. Baird Upgraded its rating from Neutral to Outperform for American Woodmark Corp. (NASDAQ: AMWD). On December 08, 2023, Deutsche Bank Upgraded its previous ‘Sell’ rating to ‘Hold’ on the stock increasing its target price from $57 to quote $88, while ‘Sidoti’ rates the stock as ‘Neutral’

In other news, Cogan Andrew B, Director sold 1,152 shares of the company’s stock on Dec 15 ’23. The stock was sold for $105,489 at an average price of $91.57. Upon completion of the transaction, the Director now directly owns 12,240 shares in the company, valued at $1.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 07 ’23, Director Tang Vance W sold 3,000 shares of the business’s stock. A total of $255,600 was realized by selling the stock at an average price of $85.20. This leaves the insider owning 58,714 shares of the company worth $5.23 million. A total of 1.25% of the company’s stock is owned by insiders.

During the past 12 months, American Woodmark Corp. has had a low of $53.80 and a high of $104.28. As of last week, the company has a debt-to-equity ratio of 0.56, a current ratio of 2.06, and a quick ratio of 1.24. According to the stock market information, the enterprise value for the company is $1835112576, which is based on a 12.48 price-to-earnings ratio, a 0.39 price-to-earnings-growth ratio, and a beta of 1.68. The fifty day moving average price for AMWD is $95.7234 and a two-hundred day moving average price translates $85.76795 for the stock.

The latest earnings results from American Woodmark Corp. (NASDAQ: AMWD) was released for 2024-04-30. The net profit margin was 6.29% and return on equity was 13.03% for AMWD. The company reported revenue of $422.1 million for the quarter, compared to $480.71 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.19 percent.

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