Armstrong World Industries (NYSE:AWI – Get Free Report) will be posting its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Armstrong World Industries to post earnings of $1.21 per share for the quarter. Armstrong World Industries has set its FY 2024 guidance at 5.600-5.900 EPS and its FY24 guidance at $5.60-$5.90 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Armstrong World Industries (NYSE:AWI – Get Free Report) last announced its earnings results on Tuesday, February 20th. The construction company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.18. Armstrong World Industries had a return on equity of 41.56% and a net margin of 17.28%. The firm had revenue of $312.30 million for the quarter, compared to the consensus estimate of $305.44 million. During the same quarter in the previous year, the business earned $1.08 EPS. The company’s revenue was up 2.6% compared to the same quarter last year. On average, analysts expect Armstrong World Industries to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Armstrong World Industries Price Performance
Shares of NYSE AWI opened at $116.98 on Friday. Armstrong World Industries has a twelve month low of $62.03 and a twelve month high of $125.56. The stock’s 50 day moving average price is $120.09 and its 200-day moving average price is $100.76. The company has a market capitalization of $5.12 billion, a PE ratio of 23.40, a PEG ratio of 1.77 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.61 and a debt-to-equity ratio of 0.99.
Armstrong World Industries Dividend Announcement
Analyst Ratings Changes
AWI has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their target price on Armstrong World Industries from $111.00 to $132.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. StockNews.com upgraded Armstrong World Industries from a “hold” rating to a “buy” rating in a research note on Thursday, March 28th. UBS Group upgraded Armstrong World Industries from a “sell” rating to a “neutral” rating and upped their price objective for the company from $75.00 to $103.00 in a research note on Thursday, January 4th. Finally, Truist Financial upped their price objective on Armstrong World Industries from $95.00 to $131.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Armstrong World Industries presently has a consensus rating of “Moderate Buy” and an average target price of $104.60.
Check Out Our Latest Stock Report on Armstrong World Industries
Armstrong World Industries Company Profile
Armstrong World Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products.
Featured Articles
- Five stocks we like better than Armstrong World Industries
- The 3 Best Fintech Stocks to Buy Now
- MarketBeat Week in Review – 4/22 – 4/26
- How Can Investors Benefit From After-Hours Trading
- 3 Stocks Leading the U.S. Agriculture Comeback
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Armstrong World Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Armstrong World Industries and related companies with MarketBeat.com's FREE daily email newsletter.