Armstrong World Industries (NYSE:AWI) Issues FY 2025 Earnings Guidance

Key Points

• Armstrong World Industries has updated its FY 2025 earnings guidance, forecasting EPS between $7.150 and $7.300, surpassing the consensus estimate of $7.020.
• The company reported a quarterly dividend of $0.308 per share, reflecting a 0.73% yield, with a payout ratio currently at 19.68%.
• Stock analysts have differing views, with recommendations ranging from a "hold" to a "buy," and the average target price set at $162.88.

Armstrong World Industries (NYSE:AWI - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.150-7.300 for the period, compared to the consensus estimate of 7.020. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

Armstrong World Industries Price Performance

NYSE AWI traded up $5.63 during mid-day trading on Wednesday, hitting $190.29. The stock had a trading volume of 880,930 shares, compared to its average volume of 330,098. Armstrong World Industries has a 52-week low of $117.92 and a 52-week high of $191.03. The company has a market cap of $8.26 billion, a price-to-earnings ratio of 28.15, a P/E/G ratio of 2.26 and a beta of 1.37. The company has a 50 day simple moving average of $161.20 and a 200 day simple moving average of $151.08. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.67.

Armstrong World Industries (NYSE:AWI - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The construction company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.34. The firm had revenue of $424.60 million during the quarter, compared to the consensus estimate of $404.05 million. Armstrong World Industries had a return on equity of 39.80% and a net margin of 18.95%. Armstrong World Industries's quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the business posted $1.62 EPS. Equities analysts forecast that Armstrong World Industries will post 6.18 EPS for the current fiscal year.

Armstrong World Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Thursday, August 7th will be issued a $0.308 dividend. The ex-dividend date of this dividend is Thursday, August 7th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 0.65%. Armstrong World Industries's dividend payout ratio (DPR) is 19.68%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AWI shares. Truist Financial raised their price objective on Armstrong World Industries from $175.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday. Wall Street Zen upgraded Armstrong World Industries from a "hold" rating to a "buy" rating in a research note on Saturday. UBS Group lifted their target price on Armstrong World Industries from $158.00 to $178.00 and gave the stock a "neutral" rating in a research report on Wednesday. Loop Capital boosted their price objective on Armstrong World Industries from $158.00 to $190.00 and gave the company a "hold" rating in a report on Wednesday. Finally, Bank of America upped their target price on Armstrong World Industries from $162.00 to $170.00 and gave the company a "buy" rating in a report on Thursday, May 15th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $177.13.

Institutional Investors Weigh In On Armstrong World Industries

Institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in Armstrong World Industries by 142.0% in the first quarter. Jones Financial Companies Lllp now owns 3,061 shares of the construction company's stock worth $431,000 after purchasing an additional 1,796 shares during the period. Jane Street Group LLC lifted its position in Armstrong World Industries by 144.2% in the first quarter. Jane Street Group LLC now owns 70,136 shares of the construction company's stock worth $9,881,000 after purchasing an additional 41,417 shares during the period. Millennium Management LLC lifted its position in Armstrong World Industries by 571.7% in the first quarter. Millennium Management LLC now owns 117,696 shares of the construction company's stock worth $16,581,000 after purchasing an additional 100,175 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Armstrong World Industries by 63.3% in the first quarter. Goldman Sachs Group Inc. now owns 125,181 shares of the construction company's stock worth $17,636,000 after purchasing an additional 48,544 shares during the period. 98.93% of the stock is currently owned by institutional investors and hedge funds.

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.