Armstrong World Industries (NYSE:AWI) Updates FY25 Earnings Guidance

Armstrong World Industries (NYSE:AWI) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $6.85 to $7.15 for the period, compared to the consensus estimate of $6.87. The company issued revenue guidance of $1.570 billion to $1.610 billion, compared to the consensus revenue estimate of $1.54 billion. Armstrong World Industries also updated its FY 2025 guidance to 6.850-7.150 EPS.

Armstrong World Industries Trading Up 0.2 %

Shares of NYSE:AWI traded up $0.26 during midday trading on Wednesday, reaching $153.58. The company had a trading volume of 29,864 shares, compared to its average volume of 223,416. The company has a fifty day simple moving average of $147.51 and a two-hundred day simple moving average of $142.04. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. Armstrong World Industries has a 1-year low of $110.68 and a 1-year high of $164.40. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.64.

Armstrong World Industries (NYSE:AWI) last announced its earnings results on Tuesday, February 25th. The construction company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.37 by $0.13. The company had revenue of $367.70 million during the quarter, compared to analysts’ expectations of $364.98 million. Armstrong World Industries had a net margin of 17.95% and a return on equity of 40.67%. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period last year, the company posted $1.22 earnings per share. Research analysts predict that Armstrong World Industries will post 6.18 earnings per share for the current year.

Armstrong World Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.308 per share. This represents a $1.23 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Thursday, March 6th. Armstrong World Industries’s payout ratio is 21.69%.

Analyst Ratings Changes

AWI has been the subject of several recent analyst reports. UBS Group raised their target price on Armstrong World Industries from $136.00 to $144.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Truist Financial raised their price objective on Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Evercore ISI upped their target price on Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. StockNews.com cut shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Loop Capital upped their price objective on shares of Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $142.60.

About Armstrong World Industries

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.