Armstrong World Industries, Inc. (NYSE:AWI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $211.8571.

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

Armstrong World Industries Stock Up 1.6%

AWI stock opened at $155.16 on Monday. Armstrong World Industries has a 1-year low of $149.06 and a 1-year high of $206.08. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.56. The stock’s fifty day simple moving average is $165.32 and its two-hundred day simple moving average is $178.48. The stock has a market cap of $6.62 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.66 and a beta of 1.17.

Armstrong World Industries (NYSE:AWI) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $409.46 million. During the same period in the prior year, the company earned $1.66 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Analysts expect that Armstrong World Industries will post 8.31 EPS for the current year.

Armstrong World Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 11th were paid a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, May 11th. Armstrong World Industries’s payout ratio is presently 19.29%.

Institutional Trading of Armstrong World Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Accurate Wealth Management LLC raised its stake 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 purchasing an additional 51 shares during the period. Larson Financial Group LLC increased its stake in Armstrong World Industries by 77.0% in the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after acquiring an additional 57 shares during the last quarter. MQS Management LLC increased its stake in Armstrong World Industries by 4.4% in the 1st quarter. MQS Management LLC now owns 1,474 shares of the construction company’s stock worth $243,000 after acquiring an additional 62 shares during the last quarter. Advisory Services Network LLC increased its stake in Armstrong World Industries by 4.3% in the 4th quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company’s stock worth $325,000 after acquiring an additional 70 shares during the last quarter. Finally, Interchange Capital Partners LLC increased its stake in Armstrong World Industries by 6.1% in the 4th quarter. Interchange Capital Partners LLC now owns 1,292 shares of the construction company’s stock worth $247,000 after acquiring an additional 74 shares during the last quarter. 98.93% of the stock is currently owned by institutional investors.

Armstrong World Industries Company Profile

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.