NYSE:AWI - Armstrong World Industries Stock Price, News, & Analysis

Armstrong World Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI."

Armstrong World Industries declared that its Board of Directors has initiated a share repurchase program on Tuesday, October 31st 2017, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

Armstrong World Industries Inc (NYSE:AWI) issued its earnings results on Tuesday, July, 31st. The construction company reported $1.01 EPS for the quarter, hitting the Zacks' consensus estimate of $1.01. The construction company had revenue of $248.60 million for the quarter, compared to analyst estimates of $245.81 million. Armstrong World Industries had a return on equity of 41.92% and a net margin of 15.18%. The company's revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS. View Armstrong World Industries' Earnings History.

Armstrong World Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for Armstrong World Industries.

Armstrong World Industries will be holding an earnings conference call on Tuesday, October 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773129198.

8 Wall Street analysts have issued 1-year target prices for Armstrong World Industries' stock. Their predictions range from $58.00 to $78.00. On average, they expect Armstrong World Industries' share price to reach $68.00 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Armstrong World Industries.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Armstrong World Industries.

Armstrong World Industries saw a decline in short interest in September. As of September 28th, there was short interest totalling 825,692 shares, a decline of 43.1% from the September 14th total of 1,449,920 shares. Based on an average trading volume of 481,221 shares, the short-interest ratio is currently 1.7 days. Currently, 1.6% of the company's shares are short sold. View Armstrong World Industries' Current Options Chain.

Some companies that are related to Armstrong World Industries include Newell Brands (NWL), AptarGroup (ATR), Berry Global Group (BERY), PIGEON Corp/ADR (PGENY), Entegris (ENTG), Essentra (FLRAF), Tupperware Brands (TUP), Myers Industries (MYE), Armstrong Flooring (AFI), Fuling Global (FORK), Deswell Industries (DSWL), OurPet's (OPCO), Forward Industries (FORD), Trailblazer Resources (TBLZ) and Flasr (FLSR).

Armstrong World Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (1.16%), First Quadrant L P CA (0.30%), Seven Eight Capital LP (0.06%), Highland Capital Management LLC (0.03%), Fox Run Management L.L.C. (0.01%) and First Hawaiian Bank (0.01%). Company insiders that own Armstrong World Industries stock include David S Cookson, Ellen R Romano, Holdings LP Valueact, Mark A Hershey, Roy W Templin and Valueact Capital Master Fund,. View Institutional Ownership Trends for Armstrong World Industries.

AWI stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA and Tokio Marine Asset Management Co. Ltd.. Company insiders that have sold Armstrong World Industries company stock in the last year include David S Cookson, Ellen R Romano, Holdings LP Valueact, Mark A Hershey and Valueact Capital Master Fund,. View Insider Buying and Selling for Armstrong World Industries.

AWI stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Seven Eight Capital LP, Highland Capital Management LLC, First Hawaiian Bank, Strs Ohio, BKD Wealth Advisors LLC and Fox Run Management L.L.C.. View Insider Buying and Selling for Armstrong World Industries.

Shares of AWI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AWI stock can currently be purchased for approximately $60.46.

Armstrong World Industries has a market capitalization of $3.13 billion and generates $893.60 million in revenue each year. The construction company earns $154.80 million in net income (profit) each year or $3.02 on an earnings per share basis. Armstrong World Industries employs 3,900 workers across the globe.

The official website for Armstrong World Industries is http://www.armstrongceilings.com.

Armstrong World Industries' mailing address is 2500 COLUMBIA AVE, LANCASTER PA, 17603. The construction company can be reached via phone at 717-397-0611 or via email at [email protected]