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 initiated a share buyback 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 purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Armstrong World Industries Inc (NYSE:AWI) announced its quarterly earnings results on Monday, April, 30th. The construction company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.81 by $0.02. The construction company had revenue of $227.30 million for the quarter, compared to analyst estimates of $231.35 million. Armstrong World Industries had a return on equity of 41.44% and a net margin of 13.54%. The company's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 Tuesday, July, 31st 2018. View Earnings Estimates for Armstrong World Industries.

Armstrong World Industries issued an update on 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 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 Wall Street analysts have issued twelve-month price targets 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 twelve months. This suggests that the stock has a possible downside of 9.5%. 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), Deswell Industries (DSWL), Fuling Global (FORK), Forward Industries (FORD), Trailblazer Resources (TBLZ), OurPet's (OPCO) and Flasr (FLSR).

Media coverage about AWI stock has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Armstrong World Industries earned a news sentiment score of 0.12 on Accern's scale. They also assigned news stories about the construction company an impact score of 47.08 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect 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 shareholders include Foundry Partners LLC (0.08%), Tokio Marine Asset Management Co. Ltd. (0.02%), Amalgamated Bank (0.02%), Xact Kapitalforvaltning AB (0.01%), State of Alaska Department of Revenue (0.01%) and Fox Run Management L.L.C. (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 sold by a variety of institutional investors in the last quarter, including Tokio Marine Asset Management Co. Ltd. and Foundry Partners LLC. 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.

AWI stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., First National Bank Sioux Falls, Xact Kapitalforvaltning AB, State of Alaska Department of Revenue and Amalgamated Bank. 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 $68.00.

Armstrong World Industries has a market capitalization of $3.58 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]