American Woodmark (AMWD) in Focus: Stock Tanks 12.0% – Tale of the Tape

February 19, 2014 Technicals 0

Zacks

American Woodmark Corp. (AMWD) saw a big move last session, as the company’s shares fell nearly 12% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for AMWD, as the stock is now down more than 13% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

AMWD currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer goods sector CaesarStone Sdot-Yam Ltd. (CSTE), USG Corporation (USG) and Wolseley plc (WOSYY). While USG Corporation and Wolseley carry a Zacks Rank #2 (Buy), CaesarStone Sdot-Yam holds a Zacks Rank #1 (Strong Buy).

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