Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for American Woodmark Corp (NASDAQ: AMWD) weakened during the last several trading days. AMWD’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
American Woodmark Corp (NASDAQ: AMWD) stock closed at $93.61 on 9/20/24 after a decline of -2.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 1073% of normal. The stock has risen 10.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AMWD is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
American Woodmark has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. American Woodmark has a neutral Appreciation Score of 59 but a poor Power Rating of 25, triggering the Negative Value Trend Rating.
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