AMWD Stock Summary and Trading Ideas (American Woodmark | NASDAQ:AMWD)

American Woodmark Corp manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The company offers framed stock cabinets in over 400 different cabinet lines and prices from relatively inexpensive to medium-priced styles. Its products are sold on a national basis across the United States to the remodeling and new home construction markets. The products are sold under the brand names American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series, and Waypoint Living Spaces.

American Woodmark trades on the NASDAQ stock market under the symbol AMWD.

As of April 24, 2024, AMWD stock price declined to $92.17 with 113,843 million shares trading.

AMWD has a beta of 1.91, meaning it tends to be more sensitive to market movements. AMWD has a correlation of 0.41 to the broad based SPY ETF.

AMWD has a market cap of $1.51 billion. This is considered a Small Cap stock.

Last quarter American Woodmark reported $422 million in Revenue and $1.66 earnings per share. This beat revenue expectation by $23 million and exceeded earnings estimates by $.37.

In the last 3 years, AMWD stock traded as high as $105.21 and as low as $40.70.

The top ETF exchange traded funds that AMWD belongs to (by Net Assets): IJR, CALF, VTI, IWM, VXF.

AMWD has outperformed the market in the last year with a return of +79.5%, while the SPY ETF gained +24.2%. However, in the most recent history, AMWD shares have underperformed the stock market with its stock returning +2.4% in the last 3 month period and -8.9% for the last 2 week period, while SPY has returned +4.6% and -2.7%, respectively.

AMWD support price is $91.02 and resistance is $94.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMWD stock will trade within this expected range on the day.