Stock Rating Downgrade
The Value Trend Rating for American Woodmark Corp (NASDAQ: AMWD) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
American Woodmark Corp (NASDAQ: AMWD) stock declined by -3.7% on 8/1/24. The shares closed at $98.42. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 7.5% during the last week.
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 C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. American Woodmark has a neutral Appreciation Score of 55 and a slightly positive Power Rating of 64, with the High Neutral Value Trend Rating the result.
Be the first to comment