AMWD - American Woodmark Corporation
| Previous Close | 89.17 |
| Open | 89.00 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 4000 |
| Day's Range | 87.92 - 89.98 |
| 52 Week Range | 53.35 - 108.20 |
| Volume | 193,881 |
| Avg. Volume | 187,506 |
| Market Cap | 1.491B |
| Beta (3Y Monthly) | 2.71 |
| PE Ratio (TTM) | 19.14 |
| EPS (TTM) | 4.62 |
| Earnings Date | May 28, 2019 - Jun 3, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2011-06-09 |
| 1y Target Est | 98.25 |
- InvestorPlace•17 days ago
Home Depot Stock Could Be Headed for Some Hard Times
It would appear foolish to argue against Home Depot (NYSE:HD). Home Depot clearly is one of the best retailers in the world - and the dominant force in U.S. home improvement. Annual revenue recently eclipsed $100 billion. And HD stock has been a star performer since the financial crisis: Home Depot stock has gained over 400% since late 2011.Source: Shutterstock But I've argued for close to eighteen months now that HD stock is too expensive, as I wrote in December 2017. The stock admittedly has gained about 6% since then, and paid another 3%+ in dividends. But that performance has been worse than that of the market as a whole and includes a 15% gain so far this year.Indeed, looking at the chart, Home Depot stock seems to have a clear path toward retaking all-time highs, reached last September, of $215. But looking at the business, there are concerns here. The housing market isn't exactly strong. The economy is in year ten of an expansion, which may reverse. Home Depot's top competitor is retooling, and Home Depot stock isn't exactly cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Medical Marijuana Stocks to Cure Your Portfolio To be sure, Home Depot is a wonderful company; that's not in dispute. The question is at what price investors should be willing to invest in that wonderful company. HD Stock Underperforms?Like a number of housing stocks, HD stock has benefited from the reversal in market sentiment in 2019. The reversal isn't necessarily surprising: in December, I called out the iShares US Home Construction ETF (BATS:ITB) as my choice for the Best ETF of 2019.Home Depot stock is a significant holding of that ETF, though the two largest positions are homebuilders Lennar (NYSE:LEN) and D.R. Horton (NYSE:DHI).And in fact, the ETF has outperformed HD stock, returning 19% YTD. As I wrote in December, the problem for trying to time the lows in Home Depot stock was that other housing plays looked much more attractive.That's been the case so far this year, and it's still the case. LEN and DHI still trade a single-digit multiples to earnings per share. Construction suppliers like American Woodmark (NASDAQ:AMWD) and Jeld-Wen (NYSE:JELD) have rebounded this year - but remain cheap, and well off 2018 highs.The issue with HD stock thus remains. To own it, an investor has to have some faith in the mid-term housing market (and the economy) staying strong enough to drive renovation spending. If the market does stay strong, however, there are better choices out there. If it doesn't, investors won't keep paying nearly 20x earnings for a cyclical retailer like Home Depot. Home Depot Stock Has Stalled out BeforeMeanwhile, it might seem like HD stock simply outperforms the market no matter what. Over time, that has been true. But HD also has had long periods of not just underperformance but negative performance.Between the beginning of 2000 and the beginning of 2010, a ten-year stretch, Home Depot stock lost nearly half its value. Obviously, there's some cherry-picking there: the start of the decade saw the dot-com boom (which boosted stocks outside of tech) and the end of the decade came just months after the worst moments of the financial crisis. Still, for about twelve years, HD stock was dead money.That's not to say that HD is going to lose half of its value this decade or even that it will stall out for the next few years. Rather, the point is that valuation and timing matter, even for a quality company. That's doubly true for a cyclical play like Home Depot.And at this point in the cycle, almost 20x earnings simply isn't cheap. In fact, the stock is just a few dollars from the average analyst target price. That's exactly where it sat in late 2017. A year later, HD was down 15%. Is Lowe's on the Way?In addition, Home Depot's biggest competitor, Lowe's Companies (NYSE:LOW), is affecting a turnaround. And as James Brumley wrote last month, Lowe's "is finally starting to close the gap".It's not quite a zero-sum game between Home Depot and Lowe's. Better sales at Lowe's may not come from its larger rival, but from independent stores and those that operate under the Ace Hardware and True Value banners.Still, a stronger Lowe's means tougher competition for Home Depot. And with investors expecting 4-6% same-store sales growth going forward, and the stock not cheap (again, due to cyclical exposure), it doesn't take much to change the narrative here. Be Careful with HDNone of this is to say that Home Depot is a short. But, at these prices, it's not a slam dunk, either. Any housing hiccups could end the recent rally. Macro concerns tanked the stock in the fourth quarter, and may return again soon. If the external environment stays benign, investors might benefit more from other housing plays.It does seem from my perspective like the rally is due to stall out. There's at least a case for taking profits - or hoping for a better price.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post Home Depot Stock Could Be Headed for Some Hard Times appeared first on InvestorPlace.
- Zacks•19 days ago
Furniture Industry Outlook: Near-Term Prospects Appear Bright
Furniture Industry Outlook: Near-Term Prospects Appear Bright
- Markit•20 days ago
See what the IHS Markit Score report has to say about American Woodmark Corp.
American Woodmark Corp NASDAQ/NGS:AMWDView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is moderate for AMWD with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 19. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $553 million over the last one-month into ETFs that hold AMWD are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•28 days ago
Should You Worry About American Woodmark Corporation’s (NASDAQ:AMWD) ROCE?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll look at American Woodmark Corporation (NASDAQ:AMWD) and reflectRead More...
- Zacks•2 months ago
Should Value Investors Consider American Woodmark (AMWD) Now?
Let???s see if American Woodmark (AMWD) stock is a good choice for value-oriented investors right now from multiple angles.
- Simply Wall St.•2 months ago
Can You Imagine How Chuffed American Woodmark’s Shareholders Feel About Its 165% Share Price Gain?
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise wellRead More...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of AMWD earnings conference call or presentation 26-Feb-19 4:00pm GMT
Q3 2019 American Woodmark Corp Earnings Call
Motley Fool•2 months agoAmerican Woodmark (AMWD) Q3 2019 Earnings Conference Call Transcript
AMWD earnings call for the period ending January 31, 2019.
- PR Newswire•2 months ago
American Woodmark Corporation Announces Third Quarter Results
WINCHESTER, Va. , Feb. 26, 2019 /PRNewswire/ -- American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its third fiscal quarter ended January 31, 2019 . Net ...
- Simply Wall St.•2 months ago
Does American Woodmark Corporation’s (NASDAQ:AMWD) CEO Pay Compare Well With Peers?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2015 S. Dunston was appointed CEORead More...
- PR Newswire•2 months ago
American Woodmark Corporation Announces Third Quarter Conference Call On The Internet
WINCHESTER, Va. , Feb. 12, 2019 /PRNewswire/ -- American Woodmark Corporation (NASDAQ: AMWD) will provide an online, real-time webcast of its conference call to discuss third quarter results on Tuesday, ...
- GlobeNewswire•3 months ago
New Research: Key Drivers of Growth for Lincoln National, United Rentals, FTI Consulting, American Woodmark, Schnitzer Steel Industries, and Kirkland's — Factors of Influence, Major Initiatives and Sustained Production
NEW YORK, Jan. 29, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- Simply Wall St.•3 months ago
Why American Woodmark Corporation’s (NASDAQ:AMWD) High P/E Ratio Isn’t Necessarily A Bad Thing
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll show how American Woodmark Corporation's (NASDAQ:AMWD) P/E Read More...
- Simply Wall St.•4 months ago
Does American Woodmark Corporation’s (NASDAQ:AMWD) Past Performance Indicate A Weaker Future?
When American Woodmark Corporation (NASDAQ:AMWD) released its most recent earnings update (31 October 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarks Read More...
- Zacks•4 months ago
What Makes American Woodmark (AMWD) a Strong Sell?
American Woodmark (AMWD) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
- Insider Monkey•4 months ago
Here is What Hedge Funds Think About American Woodmark Corporation (AMWD)
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in October due to various reasons. Nevertheless, the data show elite investors’ consensus picks have done well on average over the long-term. The top 30 S&P 500 stocks among hedge funds at […]
Zacks•4 months agoNew Strong Sell Stocks for December 11th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
- Simply Wall St.•4 months ago
With A 10% Return On Equity, Is American Woodmark Corporation (NASDAQ:AMWD) A Quality Stock?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
