Brokerages Set Armstrong World Industries, Inc. (NYSE:AWI) PT at $211.86

Armstrong World Industries, Inc. (NYSE:AWI) has earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $211.8571.

A number of research firms have recently commented on AWI. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Armstrong World Industries in a research note on Monday, April 20th. UBS Group reduced their price objective on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research note on Wednesday, February 25th. Bank of America reduced their price objective on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Evercore set a $200.00 target price on shares of Armstrong World Industries in a research report on Tuesday, April 28th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Accurate Wealth Management LLC lifted its position in shares of Armstrong World Industries by 3.5% during the 4th quarter. Accurate Wealth Management LLC now owns 1,490 shares of the construction company’s stock valued at $299,000 after acquiring an additional 51 shares during the period. Larson Financial Group LLC lifted its position in shares of Armstrong World Industries by 77.0% during the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock valued at $25,000 after acquiring an additional 57 shares during the period. MQS Management LLC lifted its position in shares of Armstrong World Industries by 4.4% during the 1st quarter. MQS Management LLC now owns 1,474 shares of the construction company’s stock valued at $243,000 after acquiring an additional 62 shares during the period. Archer Investment Corp lifted its position in shares of Armstrong World Industries by 8.5% during the 3rd quarter. Archer Investment Corp now owns 868 shares of the construction company’s stock valued at $170,000 after acquiring an additional 68 shares during the period. Finally, Advisory Services Network LLC lifted its position in shares of Armstrong World Industries by 4.3% during the 4th quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company’s stock valued at $325,000 after acquiring an additional 70 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Trading Down 1.4%

NYSE:AWI opened at $159.57 on Thursday. The firm’s fifty day moving average is $169.62 and its 200-day moving average is $183.12. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.04 and a current ratio of 1.54. Armstrong World Industries has a 52 week low of $149.06 and a 52 week high of $206.08. The firm has a market cap of $6.81 billion, a P/E ratio of 22.63, a P/E/G ratio of 1.75 and a beta of 1.21.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. The firm had revenue of $409.90 million during the quarter, compared to the consensus estimate of $409.46 million. During the same period in the prior year, the company posted $1.66 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Equities analysts expect that Armstrong World Industries will post 8.32 earnings per share for the current year.

Armstrong World Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 11th will be given a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, May 11th. Armstrong World Industries’s payout ratio is presently 19.29%.

About Armstrong World Industries

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.