American Woodmark Corp (NASDAQ: AMWD) stock closed at $83.58 on 12/1/23 after a major increase of 15.4%. Moreover, exceptionally high trading volume at 270% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.2% 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 exceed the cost of capital.
American Woodmark has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. American Woodmark has a slightly positive Appreciation Score of 61 and a very high Power Rating of 100, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment