American Woodmark (US:AMWD) Zacks Investment Researchยท2024-02-17 00:01Company 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]