Armstrong World Industries, Inc. (NYSE:AWI) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have received an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $211.4286.

Several research firms have recently commented on AWI. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Armstrong World Industries in a research report on Wednesday, January 21st.

Armstrong World Industries Stock Up 1.7%

NYSE AWI opened at $170.24 on Wednesday. Armstrong World Industries has a 52 week low of $122.37 and a 52 week high of $206.08. The firm has a market cap of $7.29 billion, a PE ratio of 24.05, a P/E/G ratio of 1.85 and a beta of 1.33. The business’s fifty day simple moving average is $186.17 and its 200-day simple moving average is $190.10. The company has a quick ratio of 1.00, a current ratio of 1.46 and a debt-to-equity ratio of 0.48.

Armstrong World Industries (NYSE:AWI) last posted its earnings results on Tuesday, February 24th. The construction company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.06). Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. The firm had revenue of $388.30 million during the quarter, compared to analyst estimates of $400.87 million. During the same quarter in the previous year, the firm earned $1.50 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. As a group, equities analysts anticipate that Armstrong World Industries will post 6.18 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be issued a $0.339 dividend. The ex-dividend date is Thursday, March 5th. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. Armstrong World Industries’s dividend payout ratio is presently 19.21%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Alps Advisors Inc. increased its stake in shares of Armstrong World Industries by 1,317.0% during the 3rd quarter. Alps Advisors Inc. now owns 36,418 shares of the construction company’s stock valued at $7,138,000 after acquiring an additional 33,848 shares during the last quarter. Public Sector Pension Investment Board boosted its position in shares of Armstrong World Industries by 10.8% in the third quarter. Public Sector Pension Investment Board now owns 208,870 shares of the construction company’s stock worth $40,941,000 after acquiring an additional 20,280 shares during the last quarter. Schroder Investment Management Group grew its holdings in Armstrong World Industries by 3.3% in the second quarter. Schroder Investment Management Group now owns 177,232 shares of the construction company’s stock valued at $28,790,000 after purchasing an additional 5,730 shares during the period. Adage Capital Partners GP L.L.C. grew its holdings in Armstrong World Industries by 121.3% in the second quarter. Adage Capital Partners GP L.L.C. now owns 737,000 shares of the construction company’s stock valued at $119,718,000 after purchasing an additional 404,000 shares during the period. Finally, Calamos Advisors LLC acquired a new position in Armstrong World Industries during the third quarter worth approximately $2,055,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.