American Woodmark Corp (NASDAQ: AMWD) has reported E.P.S. of $1.33 for its third fiscal quarter (ending January 31) versus $0.89 for the same period a year ago — an increase of 49%. This performance was $0.04 better than the consensus estimate of $1.29. E.P.S. were $7.31 for the latest four quarters through January 31 versus $4.71 for the same period a year ago — an increase of 55%.
Recent Price Action
American Woodmark Corp (NASDAQ: AMWD) stock closed at $100.24 on 2/29/24 after a slight decline of -0.8%. Moreover, this decline was accompanied by unusually high trading volume at 196% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AMWD is expected to continue to be an important Value Builder.
American Woodmark has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. American Woodmark has a neutral Appreciation Score of 56 but a very high Power Rating of 94, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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