Armstrong World Industries (AWI) Set to Announce Earnings on Monday
Armstrong World Industries (NYSE:AWI) is set to post its Q413 quarterly earnings results on Monday, February 24th. Analysts expect Armstrong World Industries to post earnings of $0.41 per share and revenue of $654.23 million for the quarter.
Shares of Armstrong World Industries (NYSE:AWI) opened at 59.44 on Friday. Armstrong World Industries has a 52-week low of $44.93 and a 52-week high of $61.90. The stock has a 50-day moving average of $58.55 and a 200-day moving average of $54.15. The company has a market cap of $3.219 billion and a price-to-earnings ratio of 38.90.
A number of research firms have recently commented on AWI. Analysts at Gabelli upgraded shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, February 4th. They now have a $100.00 price target on the stock, up previously from $67.00. On a related note, analysts at Barclays raised their price target on shares of Armstrong World Industries from $65.00 to $70.00 in a research note on Monday, January 27th. They now have an “overweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Armstrong World Industries in a research note on Friday, January 24th. They now have a $62.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Armstrong World Industries presently has a consensus rating of “Buy” and a consensus price target of $69.71.
Armstrong World Industries, Inc (NYSE:AWI) is a global producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings.
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