In a report issued on May 23, Joshua Chan from Robert W. Baird maintained a Hold rating on American Woodmark (AMWD – Research Report), with a price target of $58.00. The company’s shares closed last Tuesday at $48.84, close to its 52-week low of $44.01.
According to TipRanks.com, Chan is a 1-star analyst with an average return of -4.4% and a 23.1% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Masonite International, Tecnoglass, and Twin Disc.
American Woodmark has an analyst consensus of Hold, with a price target consensus of $57.67.
The company has a one-year high of $95.50 and a one-year low of $44.01. Currently, American Woodmark has an average volume of 113.1K.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMWD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American Woodmark Corp. manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. It operates through the American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series, and Waypoint Living Spaces brands. The company was founded by William F. Brandt, Jr., Richard Al Graber, Jeffrey S. Holcomb, and Donald P. Mathias in 1980 and is headquartered in Winchester, VA.
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