NYSE:AWI

Armstrong World Industries (AWI) Stock Forecast, Price & News

$82.06

+0.97 (+1.20%)

(As of 05/23/2022 04:00 PM ET)

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Today's Range: $80.67
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$82.52
50-Day Range: $80.40
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$95.12
52-Week Range: $79.64
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$118.14

Volume: 8,808 shs
Average Volume: 435,277 shs
Market Capitalization: $3.85 billion

P/E Ratio: 20.41
Dividend Yield: 1.13%
Beta: 1.18

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About Armstrong World Industries

Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls, facades, and partitions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.

May 17, 2022 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Armstrong World Industries (NYSE:AWI)

May 9, 2022 | finance.yahoo.com

PGT Innovations (PGTI) to Post Q1 Earnings: What to Expect?

May 6, 2022 | finance.yahoo.com

Armstrong World Industries to Present at the 2022 Goldman Sachs Industrials and Materials Conference

May 6, 2022 | finance.yahoo.com

TopBuild (BLD) Tops on Q1 Earnings & Sales, Raises 2022 View

April 30, 2022 | americanbankingnews.com

Equities Analysts Offer Predictions for Armstrong World Industries, Inc.'s FY2023 Earnings (NYSE:AWI)

April 29, 2022 | americanbankingnews.com

Armstrong World Industries, Inc. (NYSE:AWI) to Post Q2 2022 Earnings of $1.43 Per Share, KeyCorp Forecasts

April 29, 2022 | americanbankingnews.com

Jefferies Financial Group Weighs in on Armstrong World Industries, Inc.'s Q2 2022 Earnings (NYSE:AWI)

April 28, 2022 | americanbankingnews.com

Armstrong World Industries (NYSE:AWI) Sets New 52-Week Low on Disappointing Earnings

April 27, 2022 | msn.com

Fire breaks out at Armstrong World Industries

April 26, 2022 | seekingalpha.com

Armstrong World Industries' (AWI) CEO Vic Grizzle on Q1 2022 Results - Earnings Call Transcript

April 26, 2022 | finance.yahoo.com

Armstrong World Industries Reports First-Quarter 2022 Results

April 20, 2022 | seekingalpha.com

Armstrong World declares $0.231 dividend

April 19, 2022 | finance.yahoo.com

Should You Be Impressed By Armstrong World Industries, Inc.'s (NYSE:AWI) ROE?

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Plastics products, not elsewhere classified
Sub-Industry: Building Products
Sector: Construction
Current Symbol: NYSE:AWI
Previous Symbol
CUSIP: 04247X10
CIK: 7431
Web: www.armstrongceilings.com
Phone: (717) 397-0611
Fax: 717-396-6133
Employees: 2,800
Year Founded: 1860

Sales & Book Value

Annual Sales: $1.11 billion
Price / Sales: 3.48
Cash Flow: $6.42 per share
Price / Cash Flow: 12.78
Book Value: $11.45 per share
Price / Book: 7.17

Profitability

EPS (Most Recent Fiscal Year): $4.019990
Net Income: $183.20 million
Net Margins: 16.90%
Pretax Margin: 22.19%
Return on Equity: 40.89%
Return on Assets: 12.42%

Debt

Debt-to-Equity Ratio: 1.17
Current Ratio: 1.65
Quick Ratio: 1.11

Price-To-Earnings

Trailing P/E Ratio: 20.41
Forward P/E Ratio: 16.12
P/E Growth: 1.23

Miscellaneous

Outstanding Shares: 46,960,000
Free Float: 46,115,000
Market Cap: $3.85 billion
Optionable: Optionable

Company Calendar

Ex-Dividend for 3/17 Dividend: 3/02/2022
Dividend Payable: 3/17/2022
Last Earnings: 4/26/2022
Ex-Dividend for 5/19 Dividend: 5/04/2022
Dividend Payable: 5/19/2022
Today: 5/23/2022
Next Earnings (Estimated): 7/26/2022
Fiscal Year End: 12/31/2022

Social Links

MarketRank^™

Overall MarketRank^™

2.76 out of 5 stars

Construction Sector

31st out of 134 stocks

Plastics Products, Not Elsewhere Classified Industry

3rd out of 14 stocks

3.3 Analyst's Opinion

Consensus Rating
Armstrong World Industries has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 7 buy ratings, no hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $117.25, Armstrong World Industries has a forecasted upside of 43.5% from its current price of $81.71.
Amount of Analyst Coverage
Armstrong World Industries has only been the subject of 2 research reports in the past 90 days.

4.3 Community Rank

Outperform Votes
Armstrong World Industries has received 511 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Armstrong World Industries has received 276 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Armstrong World Industries has received 64.93% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
Armstrong World Industries pays a meaningful dividend of 1.13%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Armstrong World Industries has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Armstrong World Industries is 22.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Armstrong World Industries will have a dividend payout ratio of 15.94% next year. This indicates that Armstrong World Industries will be able to sustain or increase its dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Armstrong World Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $129,825.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Armstrong World Industries is held by insiders.
Percentage Held by Institutions
98.92% of the stock of Armstrong World Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Armstrong World Industries are expected to grow by 13.36% in the coming year, from $5.09 to $5.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Armstrong World Industries is 20.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 9.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Armstrong World Industries is 20.33, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.23.
Price to Earnings Growth Ratio
Armstrong World Industries has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Armstrong World Industries has a P/B Ratio of 7.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Armstrong World Industries (NYSE:AWI) Frequently Asked Questions

Is Armstrong World Industries a buy right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last twelve months. There are currently 2 sell ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Armstrong World Industries stock.
View analyst ratings for Armstrong World Industries or view top-rated stocks.
Are investors shorting Armstrong World Industries?: Armstrong World Industries saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 722,900 shares, a decline of 24.3% from the April 15th total of 955,200 shares. Based on an average daily volume of 459,700 shares, the short-interest ratio is currently 1.6 days. Currently, 1.6% of the company's stock are short sold.
View Armstrong World Industries' Short Interest.
When is Armstrong World Industries' next earnings date?: Armstrong World Industries is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Armstrong World Industries.
How were Armstrong World Industries' earnings last quarter?: Armstrong World Industries, Inc. (NYSE:AWI) released its earnings results on Tuesday, April, 26th. The construction company reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.13 by $0.11. The construction company earned $282.60 million during the quarter, compared to analysts' expectations of $289.61 million. Armstrong World Industries had a trailing twelve-month return on equity of 40.89% and a net margin of 16.90%. The business's revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.84 EPS.
View Armstrong World Industries' earnings history.
How often does Armstrong World Industries pay dividends? What is the dividend yield for Armstrong World Industries?: Armstrong World Industries announced a quarterly dividend on Thursday, April 21st. Shareholders of record on Thursday, May 5th will be paid a dividend of $0.231 per share on Thursday, May 19th. This represents a $0.92 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, May 4th.
View Armstrong World Industries' dividend history.
Is Armstrong World Industries a good dividend stock?: Armstrong World Industries pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.13%. Armstrong World Industries has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Armstrong World Industries is 22.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Armstrong World Industries will have a dividend payout ratio of 15.94% next year. This indicates that Armstrong World Industries will be able to sustain or increase its dividend.
View Armstrong World Industries' dividend history.
What guidance has Armstrong World Industries issued on next quarter's earnings?: Armstrong World Industries updated its FY 2022 earnings guidance on Tuesday, April, 26th. The company provided earnings per share guidance of $5.000-$5.200 for the period, compared to the consensus EPS estimate of $5.120. The company issued revenue guidance of $1.22 billion-$1.26 billion, compared to the consensus revenue estimate of $1.24 billion.
What price target have analysts set for AWI?: 9 Wall Street analysts have issued 12-month price objectives for Armstrong World Industries' stock. Their forecasts range from $102.00 to $145.00. On average, they expect Armstrong World Industries' stock price to reach $117.25 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price.
View analysts' price targets for Armstrong World Industries or view top-rated stocks among Wall Street analysts.
Who are Armstrong World Industries' key executives?: Armstrong World Industries' management team includes the following people:
Mr. Victor D. Grizzle, Pres, CEO & Director (Age 60, Pay $1.53M) (LinkedIn Profile)
Mr. Brian L. MacNeal, Sr. VP & CFO (Age 55, Pay $607.34k)
Ms. Ellen R. Romano, Sr. VP of HR (Age 60, Pay $474.96k) (LinkedIn Profile)
Mr. Mark A. Hershey, Sr. VP of Americas (Age 52, Pay $652.07k)
Mr. James T. Burge, VP, Controller & Principal Accounting Officer (Age 45)
Ms. Dawn Kirchner-King, Chief Information Officer
Theresa Womble, Director of Investor Relations
Mr. Austin K. So, Sr. VP, Gen. Counsel, Chief Compliance Officer & Sec. (Age 49)
Jennifer Johnson, Director of Corp. Communications
Ms. Jill A. Crager, Sr. VP of Sales Operations
What is Victor Grizzle's approval rating as Armstrong World Industries' CEO?: 50 employees have rated Armstrong World Industries CEO Victor Grizzle on Glassdoor.com. Victor Grizzle has an approval rating of 80% among Armstrong World Industries' employees.
Who are some of Armstrong World Industries' key competitors?: Some companies that are related to Armstrong World Industries include Masco (MAS), Builders FirstSource (BLDR), A. O. Smith (AOS), Owens Corning (OC), Fortune Brands Home & Security (FBHS), Lennox International (LII), Trex (TREX), UFP Industries (UFPI), Simpson Manufacturing (SSD), AAON (AAON), Griffon (GFF), Patrick Industries (PATK), Gibraltar Industries (ROCK), PGT Innovations (PGTI) and Apogee Enterprises (APOG).
View all of AWI's competitors.
What other stocks do shareholders of Armstrong World Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Armstrong World Industries investors own include Carnival Co. & (CCL), Armstrong Flooring (AFI), Coty (COTY), NVIDIA (NVDA), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Coca-Cola (KO), L Brands (LB) and Altria Group (MO).
What is Armstrong World Industries' stock symbol?: Armstrong World Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI."
Who are Armstrong World Industries' major shareholders?: Armstrong World Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital International Investors (10.18%), Vanguard Group Inc. (9.00%), Lazard Asset Management LLC (4.68%), BlackRock Inc. (3.99%), Cantillon Capital Management LLC (3.80%) and River Road Asset Management LLC (3.07%). Company insiders that own Armstrong World Industries stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara and Victor Grizzle.
View institutional ownership trends for Armstrong World Industries.
Which major investors are selling Armstrong World Industries stock?: AWI stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Alyeska Investment Group L.P., Lazard Asset Management LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, and Citigroup Inc.. Company insiders that have sold Armstrong World Industries company stock in the last year include Charles M Chiappone, Ellen R Romano, Mark A Hershey, and Victor Grizzle.
View insider buying and selling activity for Armstrong World Industries or view top insider-selling stocks.
Which major investors are buying Armstrong World Industries stock?: AWI stock was acquired by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, Gates Capital Management Inc., Cooke & Bieler LP, Prudential Financial Inc., River Road Asset Management LLC, Bank of Nova Scotia, Bank of New York Mellon Corp, and First Trust Advisors LP.
View insider buying and selling activity for Armstrong World Industries or or view top insider-buying stocks.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Armstrong World Industries' stock price today?: One share of AWI stock can currently be purchased for approximately $81.71.
How much money does Armstrong World Industries make?: Armstrong World Industries has a market capitalization of $3.84 billion and generates $1.11 billion in revenue each year. The construction company earns $183.20 million in net income (profit) each year or $4.019990 on an earnings per share basis.
How many employees does Armstrong World Industries have?: Armstrong World Industries employs 2,800 workers across the globe.
Does Armstrong World Industries have any subsidiaries?: The following companies are subsidiares of Armstrong World Industries: AWI Licensing Company, Architectural Components Group Inc, Arktura LLC, Armstrong Cork Finance LLC, Armstrong Ventures Inc, Armstrong World Industries (Delaware) LLC, MRK Industries Inc, Moz Designs, Plasterform, Steel Ceilings Inc, and Turf Design.
When was Armstrong World Industries founded?: Armstrong World Industries was founded in 1860.
What is Armstrong World Industries' official website?: The official website for Armstrong World Industries is www.armstrongceilings.com.
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, via email at [email protected], or via fax at 717-396-6133.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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Armstrong World Industries (AWI) Stock Forecast, Price & News

About Armstrong World Industries

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

3.3 Analyst's Opinion

4.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

2.5 Company Ownership

1.3 Earnings and Valuation

Armstrong World Industries (NYSE:AWI) Frequently Asked Questions

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