NYSE:AWI - Armstrong World Industries Stock Price, Price Target & More

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

Armstrong World Industries announced that its board has approved a stock repurchase plan on Tuesday, October 31st 2017, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Armstrong World Industries Inc (NYSE:AWI) posted its quarterly earnings data on Monday, April, 30th. The construction company reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.02. The construction company earned $227.30 million during the quarter, compared to analysts' expectations of $231.35 million. Armstrong World Industries had a return on equity of 41.44% and a net margin of 13.54%. The business's quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company posted $0.55 EPS. View Armstrong World Industries' Earnings History.

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

Armstrong World Industries updated its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share (EPS) guidance of $3.60-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.62. The company issued revenue guidance of +5-7% to ~ $937.7-955 million, compared to the consensus revenue estimate of $947.21 million.

10 equities research analysts have issued 1 year target prices for Armstrong World Industries' stock. Their forecasts range from $53.00 to $67.00. On average, they expect Armstrong World Industries' stock price to reach $61.5714 in the next year. This suggests that the stock has a possible downside of 8.6%. View Analyst Ratings for Armstrong World Industries.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News coverage about AWI stock has trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Armstrong World Industries earned a news impact score of 0.05 on Accern's scale. They also gave news stories about the construction company an impact score of 43.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Armstrong World Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Xact Kapitalforvaltning AB (0.01%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Armstrong World Industries stock include David S Cookson, Ellen R Romano, Roy W Templin and Stephen F Mcnamara. View Institutional Ownership Trends for Armstrong World Industries.

AWI stock was purchased by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. 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 $67.40.

Armstrong World Industries has a market capitalization of $3.49 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.

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]