American Woodmark (AMWD) manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets in the United States.
It offers stock cabinets in approximately 550 various cabinet lines that include 86 door designs in 18 colors.
The companys stock cabinets consist of a box with interior components; and a maple, oak, cherry, or hickory front frame; door; and/or drawer front. It provides turnkey installation services to its builder customers through a network of nine service centers.
The company markets its products under the American Woodmark, Timberlake, Shenandoah Cabinetry, Potomac, and Waypoint Living Spaces brand names. It distributes its products directly through a third party logistics network to home centers, builders, and independent dealers and distributors.
Shares have formed a bullish "flag" and are expected to head higher out of this formation. We are now hearing rumors of good news for this company. One of the rumors states that this stock will be named by the leading stock advisory service as one of its "top picks." This service is widely followed by mutual funds and institutional money managers. These investors have portfolios that mimic recommendations of this service. Their naming of the stock should lead to additional demand for the shares.
52-Week Trading Range: $10.88 - $29.28
Last Trade: $28.75
Stop Loss: $27.31
Target Price: $31.62