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AMWD vs. WSC: Which Stock Should Value Investors Buy Now?
Zacks Investment Research· 2024-03-22 16:46
Core Insights - American Woodmark (AMWD) is currently rated as a 1 (Strong Buy) by Zacks, indicating a stronger earnings outlook compared to WillScot (WSC), which holds a 3 (Hold) rating [1] - AMWD is identified as a superior value option based on various valuation metrics, including P/E and PEG ratios [3] Valuation Metrics - AMWD has a forward P/E ratio of 11.73, while WSC's forward P/E ratio is significantly higher at 22.11 [2] - The PEG ratio for AMWD is 0.90, indicating better value relative to its expected earnings growth compared to WSC's PEG ratio of 1.01 [2] - AMWD's P/B ratio stands at 1.81, contrasting with WSC's much higher P/B ratio of 7.03, further supporting AMWD's valuation advantage [3] Value Grades - AMWD has received a Value grade of A, while WSC has a Value grade of C, reflecting AMWD's stronger position in terms of valuation metrics [3]
5 Top Growth Stocks to Buy as Fear of Recession Ebbs
Zacks Investment Research· 2024-03-22 13:30
Economic Overview - The U.S. economy expanded at an annualized pace of 3.3% in Q4 2023, with a total growth of 2.5% for the year [1] - The Federal Reserve maintained the benchmark overnight borrowing rate and indicated three quarter-percentage-point interest rate cuts by the end of 2023, marking the first cuts since March 2020 [1] Consumer Spending - Retail sales increased by 0.6% in February 2023, recovering from a 1.1% decline in January, with spending rising in seven of the past ten months [2] - The resilience in consumer spending is attributed to a strong labor market and rising average hourly earnings [2] Leading Economic Indicators - The Conference Board's leading indicator advanced by 0.1% in February 2023, marking its first increase since February 2022, suggesting economic improvement [3] Investment Opportunities - The stock market is positioned for growth, with recommendations to invest in growth stocks such as: - American Woodmark (AMWD): Zacks Rank 1, Growth Score B, expected earnings growth rate of 14.4% [4] - Burlington Stores (BURL): Zacks Rank 1, Growth Score A, expected earnings growth rate of 22.1% [4] - Central Garden & Pet (CENT): Zacks Rank 1, Growth Score B, expected earnings growth rate of 10.6% [4] - DHI Group (DHX): Zacks Rank 1, Growth Score B, expected earnings growth rate of 80% [5] - Amazon.com (AMZN): Zacks Rank 2, Growth Score A, expected earnings growth rate of 40.7% [5]
American Woodmark (AMWD) Recently Broke Out Above the 20-Day Moving Average
Zacks Investment Research· 2024-03-20 14:36
Group 1 - American Woodmark (AMWD) has reached a significant support level and shows potential as a good investment from a technical perspective [1] - AMWD recently broke through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is a popular tool among traders for assessing stock price trends and smoothing out fluctuations [1] Group 2 - AMWD has moved 6% higher over the last four weeks, suggesting it may be on the verge of another rally [1] - The company currently holds a Zacks Rank 1 (Strong Buy), indicating strong investor interest [1] - Positive earnings estimate revisions have occurred, with no estimates decreasing in the past two months and one estimate increasing [2]
These Homebuilders Are Buying Back Stock Like Hotcakes
Seeking Alpha· 2024-03-19 15:06
Art Wager The residential real estate market has fundamentally changed over the past several years. Following the pandemic, a series of changes around interest rates reshaped the landscape for home buyers. The impacts were lengthy, but boil down to the highest cost of homeownership in years. As a result, the residential real estate market has virtually frozen over the past 12 months, as both buyers and sellers attempt to digest the information. Redfin (RDFN) provides comprehensive coverage of residentia ...
Is American Woodmark (AMWD) Stock Outpacing Its Consumer Discretionary Peers This Year?
Zacks Investment Research· 2024-03-07 15:46
Group 1 - American Woodmark (AMWD) is part of the Consumer Discretionary sector, which includes 292 individual stocks and holds a Zacks Sector Rank of 12 [1] - AMWD currently has a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions [2] - Over the past three months, the Zacks Consensus Estimate for AMWD's full-year earnings has increased by 7.1%, reflecting improved analyst sentiment [2] Group 2 - Year-to-date, AMWD has returned approximately 2.1%, outperforming the average return of 1.2% for Consumer Discretionary companies [2] - AMWD belongs to the Furniture industry, which includes 11 stocks and is currently ranked 78 in the Zacks Industry Rank; this industry has gained about 3.2% year-to-date, indicating AMWD is slightly underperforming its industry [3] - The RealReal (REAL), another Consumer Discretionary stock, has significantly outperformed with a year-to-date increase of 82.1% and has a Zacks Rank of 2 (Buy) [3]
AMWD or WSC: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-06 17:46
Investors interested in Furniture stocks are likely familiar with American Woodmark (AMWD) and WillScot (WSC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlig ...
Should Value Investors Buy American Woodmark (AMWD) Stock?
Zacks Investment Research· 2024-03-06 15:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...
American Woodmark (AMWD) Is Attractively Priced Despite Fast-paced Momentum
Zacks Investment Research· 2024-03-06 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
American Woodmark Corporation Announces the Launch of a New Brand: 1951 Cabinetry™
Businesswire· 2024-03-04 21:10
Core Insights - American Woodmark Corporation has introduced a new brand, 1951 Cabinetry™, which is inspired by the company's 70-year heritage and aims to enhance service to distributors [1][2] - The new brand will offer a diverse range of products that combine timeless and contemporary designs, catering to individual preferences while maintaining a commitment to quality and affordability [2][3] - The launch includes two additional lines, 1951 Foundations and 1951 Progressions, which utilize Made-to-Stock options to meet market demand for high-quality craftsmanship at competitive price points [2] Company Overview - American Woodmark Corporation is one of the largest cabinet manufacturers in the United States, employing over 8,800 individuals and operating more than a dozen brands [4] - The company focuses on customer satisfaction, integrity, teamwork, and excellence across its service and distribution centers, corporate office, and manufacturing facilities [4] - By partnering with major home centers, builders, and independent dealers, the company aims to inspire homeowners and designers to realize their unique styles [4]
American Woodmark (AMWD) - 2024 Q3 - Earnings Call Transcript
2024-03-01 04:04
American Woodmark Corporation (NASDAQ:AMWD) Q3 2024 Earnings Conference Call February 29, 2024 4:30 PM ET Company Participants Paul Joachimczyk - Senior Vice President and Chief Financial Officer Scott Culbreth - President and Chief Executive Officer Conference Call Participants Garik Shmois - Loop Capital Steven Ramsey - Thompson Research Group Tim Wojs - Baird Collin Verron - Jefferies Operator Good day everyone, and welcome to the American Woodmark Corporation Third Fiscal Quarter 2024 Conference Call. T ...