Factors Likely to Have Influenced Earnings Results American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD)

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Earnings results for American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD)

American Woodmark Corporation is expected* to report earnings on 08/25/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.55. The reported EPS for the same quarter last year was $2.13.

American Woodmark last issued its earnings data on May 26th, 2020. The reported $1.33 EPS for the quarter, missing the consensus estimate of $1.51 by $0.18. The firm had revenue of $399.20 million for the quarter, compared to analysts’ expectations of $373.28 million. Its revenue for the quarter was down 2.0% compared to the same quarter last year. American Woodmark has generated $6.59 earnings per share over the last year and currently has a price-to-earnings ratio of 21.5. American Woodmark has confirmed that its next quarterly earnings report will be published on Tuesday, August 25th, 2020.

Analyst Opinion on American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD)

4 Wall Street analysts have issued ratings and price targets for American Woodmark in the last 12 months. Their average twelve-month price target is $78.75, predicting that the stock has a possible downside of 17.23%. The high price target for AMWD is $97.00 and the low price target for AMWD is $65.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

American Woodmark has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $78.75, American Woodmark has a forecasted downside of 17.2% from its current price of $95.14. American Woodmark has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD)

American Woodmark does not currently pay a dividend. American Woodmark does not have a long track record of dividend growth.

Insiders buying/selling: American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD)

In the past three months, American Woodmark insiders have not sold or bought any company stock. Only 1.00% of the stock of American Woodmark is held by insiders. 93.60% of the stock of American Woodmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of American Woodmark Stock Forecast, Price & News (NASDAQ:AMWD

Earnings for American Woodmark are expected to grow by 8.66% in the coming year, from $6.12 to $6.65 per share. The P/E ratio of American Woodmark is 21.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.58. The P/E ratio of American Woodmark is 21.52, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 61.09. American Woodmark has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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