American Woodmark (AMWD)

Search documents
American Woodmark (AMWD) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-02-24 00:01
Company Performance - American Woodmark (AMWD) closed at $95.17, with a +0.42% movement compared to the previous day, outperforming the S&P 500 which gained 0.04% [1] - The stock has gained 3.33% over the past month, while the Consumer Discretionary sector gained 2.85% and the S&P 500 gained 5.01% [1] - The upcoming earnings report is expected to show an EPS of $1.13, reflecting a 22.6% decrease from the same quarter last year, with revenue forecasted at $366.9 million, a 23.68% drop year-over-year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are predicted to be $8.47 per share, indicating an increase of 11.15%, while revenue is expected to be $1.79 billion, showing a decrease of 13.31% from the previous year [2] - Recent changes to analyst estimates suggest evolving short-term business trends, with positive revisions indicating optimism about the company's outlook [2] Valuation Metrics - American Woodmark has a Zacks Rank of 3 (Hold), with no change in the Zacks Consensus EPS estimate over the past month [3] - The company is trading at a Forward P/E ratio of 11.19, compared to the industry average of 15.12, suggesting it is trading at a discount [3] - The PEG ratio for AMWD is 0.86, while the Furniture industry average PEG ratio is 1.1 [3] Industry Overview - The Furniture industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 88, placing it in the top 35% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]
American Woodmark (AMWD) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-02-17 00:01
Company Performance - American Woodmark (AMWD) closed at $92.61, reflecting a -1.53% change from the previous day, underperforming the S&P 500's daily loss of 0.48% [1] - Over the last month, AMWD shares increased by 2.42%, lagging behind the Consumer Discretionary sector's gain of 5% and the S&P 500's gain of 5.3% [1] - The upcoming earnings report on February 29, 2024, is anticipated to show earnings of $1.13 per share, representing a year-over-year decline of 22.6%, with revenue expected at $366.9 million, down 23.68% from the prior-year quarter [1] Annual Estimates - Zacks Consensus Estimates forecast earnings of $8.47 per share and revenue of $1.79 billion for the entire year, indicating changes of +11.15% and -13.31%, respectively, compared to the previous year [2] - Recent revisions to analyst forecasts for American Woodmark are crucial as they reflect the changing nature of near-term business trends [2] Valuation Metrics - American Woodmark has a Forward P/E ratio of 11.1, which is a discount compared to the industry average Forward P/E of 15.66 [3] - The company has a PEG ratio of 0.85, lower than the Furniture industry's average PEG ratio of 1.06 [3] Industry Overview - The Furniture industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
American Woodmark Corporation Announces Third Quarter Conference Call on the Internet
Businesswire· 2024-02-15 16:00
WINCHESTER, Va.--(BUSINESS WIRE)--American Woodmark Corporation (NASDAQ: AMWD) will provide an online, real-time webcast of its conference call to discuss third quarter results on Thursday, February 29, 2024. The live broadcast of American Woodmark Corporation’s conference call will be available online at: americanwoodmark.com on Thursday, February 29, beginning at 4:30 p.m. (Eastern Time). The online replay will follow immediately and continue for 30 days. A telephonic replay will be available from 7:30 p ...
4 Stocks to Watch From the Thriving Furniture Industry
Zacks Investment Research· 2024-02-12 17:01
Improved housing market conditions, increasing consumer confidence on the back of expectations of series rate cuts and moderating inflation are encouraging for the Zacks Furniture industry. Along with the improving macro aspects, increasing investments in technological advancements and solutions are expected to drive the industry’s growth. Importantly, product innovation, along with accretive buyouts, should favor the furniture industry in expanding its global reach. Although continued investments in e-comm ...
American Woodmark (AMWD) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-02-06 00:01
In the latest trading session, American Woodmark (AMWD) closed at $91.55, marking a -1.76% move from the previous day. This change lagged the S&P 500's daily loss of 0.32%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.2%.Shares of the cabinet maker have appreciated by 5.01% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 2.23% and the S&P 500's gain of 4.59%.The investment community will be paying close attention to the earnings performa ...
5 Stocks to Buy as Consumer Confidence Soars to Two-Year High
Zacks Investment Research· 2024-02-05 14:41
Wall Street rallied in January on hopes that the Federal Reserve is likely done with interest rate hikes and rate cuts are in the anvil. The positive outlook has made consumers a lot more confident now, which saw the consumer confidence level and future outlook making a solid jump in January.The Conference Board said on Jan 30 that the U.S. consumer confidence level index raced to 114.8 in January, way above December’s reading of 108. January’s reading not only reflected the third straight monthly jump in c ...
Are Investors Undervaluing American Woodmark (AMWD) Right Now?
Zacks Investment Research· 2024-01-31 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...
Best Value Stocks to Buy for January 31st
Zacks Investment Research· 2024-01-31 09:56
Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 31st:YPF Sociedad Anónima (YPF) : This international energy company engaging in the integrated business of hydrocarbons carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.YPF has a price-to-earnings ratio (P/E) of 4.72, compared with 6.90 for the industry. The company possesses a Value Score of A.A ...
Why the Market Dipped But American Woodmark (AMWD) Gained Today
Zacks Investment Research· 2024-01-31 00:01
American Woodmark (AMWD) closed the most recent trading day at $94.28, moving +0.18% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.76%.Shares of the cabinet maker have appreciated by 1.36% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 2.59% and the S&P 500's gain of 3.36%.The investment community will be paying close attention to ...
American Woodmark (AMWD) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-01-25 00:01
Company Performance - American Woodmark (AMWD) closed at $89.22, reflecting a -0.86% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.08% [1] - The stock has decreased by 3.97% over the past month, while the Consumer Discretionary sector has lost 0.13% and the S&P 500 has gained 2.4% [1] - The upcoming earnings report is expected to show EPS of $1.13, down 22.6% year-over-year, with projected net sales of $366.9 million, down 23.68% from the previous year [1] Earnings Estimates - For the full year, the Zacks Consensus Estimates project earnings of $8.47 per share and revenue of $1.79 billion, reflecting changes of +11.15% and -13.31% respectively from the prior year [2] - Recent modifications to analyst estimates are crucial as they indicate short-term business trends, with positive revisions suggesting optimism about the company's outlook [2] Valuation Metrics - American Woodmark has a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [3] - The company is trading at a Forward P/E ratio of 10.62, which is a discount compared to the industry average Forward P/E of 15.27 [3] - The PEG ratio for AMWD is 0.82, indicating a lower valuation relative to the Furniture industry's average PEG ratio of 1.12 [3] Industry Overview - The Furniture industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 30, placing it in the top 12% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]