Fintel reports that on October 17, 2024, Loop Capital upgraded their outlook for American Woodmark (NasdaqGS:AMWD) from Hold to Buy.
Analyst Price Forecast Suggests 4.77% Upside
As of September 25, 2024, the average one-year price target for American Woodmark is $104.45/share. The forecasts range from a low of $94.94 to a high of $117.60. The average price target represents an increase of 4.77% from its latest reported closing price of $99.69 / share.
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The projected annual revenue for American Woodmark is 1,998MM, an increase of 10.49%. The projected annual non-GAAP EPS is 8.85, an increase of 39.28% from the prior forecast.
What is the Fund Sentiment?
There are 523 funds or institutions reporting positions in American Woodmark. This is an increase of 3 owner(s) or 0.58% in the last quarter. Average portfolio weight of all funds dedicated to AMWD is 0.13%, an increase of 8.50%. Total shares owned by institutions increased in the last three months by 3.24% to 18,025K shares. 
The put/call ratio of AMWD is 0.28, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 1,025K shares representing 6.61% ownership of the company. In its prior filing, the firm reported owning 1,086K shares , representing a decrease of 6.04%. The firm decreased its portfolio allocation in AMWD by 24.27% over the last quarter.
Cooke & Bieler holds 910K shares representing 5.87% ownership of the company. In its prior filing, the firm reported owning 829K shares , representing an increase of 8.89%. The firm decreased its portfolio allocation in AMWD by 11.59% over the last quarter.
Pacer Advisors holds 843K shares representing 5.44% ownership of the company. In its prior filing, the firm reported owning 714K shares , representing an increase of 15.38%. The firm decreased its portfolio allocation in AMWD by 9.93% over the last quarter.
CALF - Pacer US Small Cap Cash Cows 100 ETF holds 836K shares representing 5.39% ownership of the company. In its prior filing, the firm reported owning 755K shares , representing an increase of 9.71%. The firm increased its portfolio allocation in AMWD by 15.99% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 524K shares representing 3.38% ownership of the company. In its prior filing, the firm reported owning 522K shares , representing an increase of 0.40%. The firm decreased its portfolio allocation in AMWD by 24.52% over the last quarter.
American Woodmark Background Information
(This description is provided by the company.)
American Woodmark Corporation manufactures and distributes kitchen, bath and home organization products for the remodeling and new home construction markets. Its products are sold on a national basis directly to home centers, builders and through a network of independent dealers and distributors. At January 31, 2021, the Company operated seventeen manufacturing facilities in the United States and Mexico and eight primary service centers and one distribution center located throughout the United States.
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