About Armstrong World Industries (NYSE:AWI)
Armstrong World Industries, Inc. designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings worldwide. It principally offers mineral fiber, fiberglass wool, and metal ceiling systems. The company produces suspended mineral fiber and soft fiber ceiling systems; suspension system (grid) and ceiling component products; and acoustical ceiling, wall, and structural solutions. It sells its commercial ceiling materials and accessories to resale distributors and ceiling system contractors; residential ceiling products to wholesalers and retailers, such as large home centers; and architectural specialties products to resale distributors and ceiling systems contractors. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.
Industry, Sector and Symbol
Industry Plastics products, not elsewhere classified
Trailing P/E Ratio21.26
Forward P/E Ratio17.30
Sales & Book Value
Annual Sales$893.60 million
Price / Sales3.72
Cash Flow$4.7275 per share
Price / Cash13.58
Book Value$7.93 per share
Price / Book8.10
EPS (Most Recent Fiscal Year)$3.02
Net Income$154.80 million
Return on Equity41.44%
Return on Assets8.42%
Armstrong World Industries (NYSE:AWI) Frequently Asked Questions
What is Armstrong World Industries' stock symbol?
Armstrong World Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI."
How will Armstrong World Industries' stock buyback program work?
Armstrong World Industries declared that its board has authorized a stock buyback plan on Tuesday, October 31st 2017, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were Armstrong World Industries' earnings last quarter?
Armstrong World Industries Inc (NYSE:AWI) announced its earnings results on Monday, April, 30th. The construction company reported $0.79 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate 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 firm's revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.55 EPS. View Armstrong World Industries' Earnings History.
When is Armstrong World Industries' next earnings date?
What guidance has Armstrong World Industries issued on next quarter's earnings?
Armstrong World Industries issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided 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.
What price target have analysts set for AWI?
10 brokerages have issued 12 month target prices for Armstrong World Industries' stock. Their predictions range from $53.00 to $67.00. On average, they expect Armstrong World Industries' share price to reach $61.5714 in the next year. View Analyst Ratings for Armstrong World Industries.
Who are some of Armstrong World Industries' key competitors?
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), OurPet's (OPCO), Trailblazer Resources (TBLZ), Forward Industries (FORD) and Flasr (FLSR).
Who are Armstrong World Industries' key executives?
Armstrong World Industries' management team includes the folowing people:
- Mr. Victor D. Grizzle, CEO, Pres & Director (Age 56)
- Mr. Brian L. MacNeal, Sr. VP & CFO (Age 51)
- Mr. Mark A. Hershey, Chief Compliance Officer, Sr. VP, Gen. Counsel & Sec. (Age 48)
- Ms. Ellen R. Romano, Sr. VP of HR (Age 56)
- Mr. David S. Cookson, Sr. VP of Americas (Age 60)
Has Armstrong World Industries been receiving favorable news coverage?
Media headlines about AWI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Armstrong World Industries earned a coverage optimism score of 0.14 on Accern's scale. They also gave media headlines about the construction company an impact score of 47.14 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Armstrong World Industries' major shareholders?
Armstrong World Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include ValueAct Holdings L.P. (13.22%), Iridian Asset Management LLC CT (9.02%), BlackRock Inc. (3.83%), Fiduciary Management Inc. WI (3.54%), Dimensional Fund Advisors LP (2.44%) and First Eagle Investment Management LLC (2.40%). 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.
Which institutional investors are selling Armstrong World Industries stock?
AWI stock was sold by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., Fiduciary Management Inc. WI, River Road Asset Management LLC, Frontier Capital Management Co. LLC, Loomis Sayles & Co. L P, Russell Investments Group Ltd., Comerica Bank and BlackRock Inc.. Company insiders that have sold Armstrong World Industries company stock in the last year include David S Cookson and Ellen R Romano. View Insider Buying and Selling for Armstrong World Industries.
Which institutional investors are buying Armstrong World Industries stock?
AWI stock was bought by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., First Eagle Investment Management LLC, Massachusetts Financial Services Co. MA, The Manufacturers Life Insurance Company , Great Lakes Advisors LLC, Iridian Asset Management LLC CT, MRJ Capital Inc. and Natixis Advisors L.P.. View Insider Buying and Selling for Armstrong World Industries.
How do I buy shares of 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.
What is Armstrong World Industries' stock price today?
One share of AWI stock can currently be purchased for approximately $64.20.
How big of a company is Armstrong World Industries?
Armstrong World Industries has a market capitalization of $3.36 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.
How can I contact Armstrong World Industries?
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]
MarketBeat Community Rating for Armstrong World Industries (AWI)MarketBeat's community ratings are surveys of what our community members think about Armstrong World Industries and other stocks. Vote "Outperform" if you believe AWI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AWI will underperform the S&P 500 over the long term. You may vote once every thirty days.