Somewhat Positive Media Coverage Somewhat Unlikely to Impact American Woodmark (AMWD) Stock Price

News coverage about American Woodmark (NASDAQ:AMWD) has been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Woodmark earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.6856731710375 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

Shares of American Woodmark (AMWD) opened at $134.35 on Friday. The stock has a market capitalization of $2,120.44, a P/E ratio of 29.72 and a beta of 1.56. American Woodmark has a one year low of $69.65 and a one year high of $136.05. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.04.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings data on Friday, December 1st. The company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.01). The company had revenue of $274.80 million during the quarter, compared to the consensus estimate of $280.60 million. American Woodmark had a net margin of 6.98% and a return on equity of 20.56%. American Woodmark’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.10 earnings per share. sell-side analysts predict that American Woodmark will post 4.96 earnings per share for the current fiscal year.

A number of brokerages recently commented on AMWD. Zacks Investment Research raised American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 price target for the company in a research note on Tuesday, September 12th. BidaskClub raised American Woodmark from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. Finally, Robert W. Baird increased their price target on American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, December 4th.

In other news, major shareholder William F. Brandt sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $117.75, for a total value of $2,119,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $99.35, for a total value of $49,675.00. Following the completion of the sale, the insider now directly owns 48,609 shares of the company’s stock, valued at $4,829,304.15. The disclosure for this sale can be found here. Insiders sold a total of 73,011 shares of company stock valued at $8,057,693 over the last ninety days. Corporate insiders own 1.10% of the company’s stock.

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About American Woodmark

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.

Insider Buying and Selling by Quarter for American Woodmark (NASDAQ:AMWD)

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