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 ...

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 ...

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 ...

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]

WINCHESTER, Va.--(BUSINESS WIRE)--American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that Philip Fracassa has joined its board of directors. Mr. Fracassa has served as executive vice president and chief financial officer of The Timken Company (NYSE: TKR), a global leader in engineered bearings and industrial motion products, since 2014. Fracassa joined Timken in 2005 and progressed through several key roles dur ...

American Woodmark (AMWD) ended the recent trading session at $89.83, demonstrating a +1.23% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.41%. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 2.2%.Shares of the cabinet maker witnessed a gain of 0.62% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 3.64% and the S&P 500's gain of 2.9%.Analysts and investors alike will ...

American Woodmark Corporation (NASDAQ:AMWD) Q2 2024 Earnings Call Transcript November 30, 2023 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 McClain Hayes - Zelman & Associates Julio Romero - Sidoti & Company Tim Wojs - Baird Collin Verron - Jefferies Operator Good day, everyone, and welcome to the Ameri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock AMWD NASDAQ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File ...

Financial Data and Key Metrics Changes - Net sales for Q1 2024 were $498.3 million, a decline of 8.2% compared to the previous year [6][12] - Adjusted EBITDA increased by 33% to $75.2 million, representing 15.1% of net sales [8][15] - Reported EPS was $2.28, while adjusted EPS was $2.78, up from $1.71 in the prior year [8][15] - Gross profit margin improved to 22%, up 600 basis points from 16% in the same quarter last year [13] - Free cash flow totaled $72.5 million, compared to $32.7 million in the prior year [16] Business Line Data and Key Metrics Changes - New construction sales declined by 6.4% year-over-year [6][12] - Revenue from remodel, including home center and independent dealer businesses, decreased by 9.5% [7][12] - Home center business saw a decline of 12.8% compared to the previous year [7][12] - Dealer/distributor business experienced a slight increase of 0.1% year-over-year [8][12] Market Data and Key Metrics Changes - Cancellations in new construction are holding in the historic range of 14% to 16% [6] - Demand trends for made-to-order and stock kitchen business have slowed due to lower in-store traffic [7] - The company expects low double-digit declines in net sales for fiscal year 2024, influenced by overall industry economic growth trends [17] Company Strategy and Development Direction - The company’s strategy focuses on three main pillars: growth, digital transformation, and platform design [9][10] - New operational locations in Hamlet, North Carolina, and Monterrey, Mexico are expected to enhance capacity in stock kitchen and bath cabinetry [18] - Capital allocation priorities include investing in plant expansions and digital transformation initiatives [18] Management's Comments on Operating Environment and Future Outlook - Management noted that the outlook for repair and remodel demand is softer than originally anticipated, while new construction demand shows slight improvement [9][17] - The company plans to appeal a $4.9 million tariff charge incurred during the quarter [15] - Management expressed confidence in the operational efficiencies and stability of the supply chain contributing to improved financial performance [16][19] Other Important Information - The company repurchased 328,000 shares during the quarter, representing about 2% of outstanding shares [9][17] - Net leverage was reduced to 1.9 times adjusted EBITDA, with a significant improvement from 2.8 times in the prior fiscal year [16] Q&A Session Summary Question: Can you discuss the repair and remodel side and what's driving lower in-store traffic rates? - Management expects sales to decline in both channels, attributing lower in-store traffic to smaller-sized projects and overall market conditions [22][24] Question: What is your sense of inventory levels today? - Inventories are stabilizing, with room for improvement, and free cash flow is expected to remain strong for the year [25][26] Question: What are your expectations for input costs for the balance of the fiscal year? - Relief is seen in hardwood lumber costs, but upward pressure remains on plywood, paint, hardware, and labor costs [30] Question: Can you walk through the drivers helping gross margin in the quarter? - Key drivers include better pricing matching inflation, operational efficiencies, and stability in the supply chain [34][35] Question: How do you see the new facilities' costs evolving? - The costs are expected to be a pressure this year but should normalize as the facilities become fully utilized [37][38] Question: What is driving the increase in the margin guide? - The increase is attributed to better-than-expected first-quarter performance, pricing, and operational improvements [39][40] Question: Can you discuss destocking at the home centers? - Management believes there is an opportunity to increase in-store inventory levels to support product availability [43][44] Question: Are there differences in order activity based on the size of builders? - Larger builders are more optimistic about their expectations compared to smaller builders, with regional variations noted [50]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock AMWD NASDAQ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Num ...