Armstrong World Industries, Inc. (NYSE:AWI) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have been given an average rating of “Moderate Buy” by the ten ratings firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $211.8571.

A number of equities research analysts have weighed in on AWI shares. Bank of America dropped their price target on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Evercore set a $200.00 target price on shares of Armstrong World Industries in a report on Tuesday, April 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a research report on Monday, April 20th. UBS Group decreased their price target on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th.

Institutional Investors Weigh In On Armstrong World Industries

Large investors have recently added to or reduced their stakes in the business. Alps Advisors Inc. increased its stake in Armstrong World Industries by 1,317.0% in the third quarter. Alps Advisors Inc. now owns 36,418 shares of the construction company’s stock valued at $7,138,000 after purchasing an additional 33,848 shares during the last quarter. Public Sector Pension Investment Board boosted its holdings in shares of Armstrong World Industries by 10.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 208,870 shares of the construction company’s stock valued at $40,941,000 after buying an additional 20,280 shares in the last quarter. Cookson Peirce & Co. Inc. purchased a new position in shares of Armstrong World Industries in the 3rd quarter valued at $1,153,000. Allspring Global Investments Holdings LLC acquired a new stake in Armstrong World Industries during the 4th quarter worth $84,143,000. Finally, Krilogy Financial LLC acquired a new stake in Armstrong World Industries during the 3rd quarter worth $753,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Armstrong World Industries Price Performance

Shares of AWI stock opened at $157.85 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.54 and a quick ratio of 1.04. The company has a market capitalization of $6.74 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.71 and a beta of 1.17. The firm’s 50-day moving average is $166.48 and its two-hundred day moving average is $179.56. Armstrong World Industries has a 12 month low of $149.06 and a 12 month high of $206.08.

Armstrong World Industries (NYSE:AWI) last released its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. The business had revenue of $409.90 million during the quarter, compared to analyst estimates of $409.46 million. During the same quarter in the prior year, the company posted $1.66 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Analysts predict that Armstrong World Industries will post 8.31 earnings per share for the current year.

Armstrong World Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were paid a dividend of $0.339 per share. The ex-dividend date was Monday, May 11th. This represents a $1.36 dividend on an annualized basis and a yield of 0.9%. Armstrong World Industries’s dividend payout ratio is 19.29%.

About Armstrong World Industries

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.