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

American Woodmark Corp manufactures and distributes cabinets and vanities for the remodeling and new home construction markets. It offers several products that fall into product lines including kitchen cabinetry, bath cabinetry, office cabinetry, home organization, and hardware. The products are sold under the brand names American Woodmark, Timberlake, Shenandoah Cabinetry, and Waypoint Living Spaces among others.

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

As of October 17, 2024, AMWD stock price climbed to $99.69 with 214,402 million shares trading.

AMWD has a beta of 1.67, meaning it tends to be more sensitive to market movements. AMWD has a correlation of 0.32 to the broad based SPY ETF.

AMWD has a market cap of $1.54 billion. This is considered a Small Cap stock.

Last quarter American Woodmark reported $459 million in Revenue and $1.89 earnings per share. This fell short of revenue expectation by $-17 million and missed earnings estimates by -$.51.

In the last 3 years, AMWD traded as high as $106.57 and as low as $40.70.

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

AMWD has underperformed the market in the last year with a return of +28.4%, while SPY returned +35.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMWD shares. However, AMWD has outperformed the market in the last 3 month and 2 week periods, returning +6.6% and +7.2%, while SPY returned +3.4% and +2.4%, respectively. This indicates AMWD has been having a stronger performance recently.

AMWD support price is $94.19 and resistance is $98.05 (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 shares will trade within this expected range on the day.