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 of Directors has authorized a stock repurchase program on Tuesday, October 31st 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

Armstrong World Industries (NYSE:AWI) issued its earnings results on Monday, April, 30th. The construction company reported $0.79 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.81 by $0.02. The construction company had revenue of $227.30 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned $0.55 earnings per share. 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 guidance of $3.60-3.85 for the period, compared to the Thomson Reuters consensus 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 twelve-month price targets for Armstrong World Industries' shares. Their forecasts range from $53.00 to $67.00. On average, they anticipate Armstrong World Industries' stock price to reach $61.5714 in the next twelve months. View Analyst Ratings for Armstrong World Industries.

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

News headlines about AWI stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Armstrong World Industries earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news coverage about the construction company an impact score of 46.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Armstrong World Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include ValueAct Holdings L.P. (13.22%), VA PARTNERS I, LLC (12.90%), Iridian Asset Management LLC CT (9.02%), BlackRock Inc. (3.83%), Fiduciary Management Inc. WI (3.54%) and Dimensional Fund Advisors LP (2.44%). Company insiders that own Armstrong World Industries stock include Ellen R Romano, Roy W Templin and Stephen F Mcnamara. View Institutional Ownership Trends for Armstrong World Industries.

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.. View Insider Buying and Selling for Armstrong World Industries.

AWI stock was purchased 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.

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 $60.80.

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.

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]