For its first fiscal quarter (ending July 31), American Woodmark Corp (NASDAQ: AMWD) has reported E.P.S. of $1.89 compared to $2.30 a year ago. For the latest four quarters through July 31, E.P.S. were $6.78 compared to $6.73 a year ago.
Recent Price Action
American Woodmark Corp (NASDAQ: AMWD) stock closed at $89.17 on 8/27/24 after a major decline of -10.7%. Moreover, trading volume in this decline was exceptionally high at 368% of normal. The stock has declined -5.6% during the last week and has performed in line with 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 C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. American Woodmark has a neutral Power Rating of 53 and a neutral Appreciation Score of 56, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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