American Woodmark (US:AMWD) Zacks Investment Research·2024-01-25 00:01Company 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]