Armstrong World Industries (NYSE:AWI) Releases FY25 Earnings Guidance

Armstrong World Industries (NYSE:AWI) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $6.85 to $7.15 for the period, compared to the consensus estimate of $6.87. The company issued revenue guidance of $1.570 billion to $1.610 billion, compared to the consensus revenue estimate of $1.54 billion. Armstrong World Industries also updated its FY 2025 guidance to 6.850-7.150 EPS.

Armstrong World Industries Stock Performance

Shares of AWI opened at $150.37 on Tuesday. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 26.13, a P/E/G ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. Armstrong World Industries has a 12 month low of $110.68 and a 12 month high of $164.40. The business’s fifty day simple moving average is $147.46 and its two-hundred day simple moving average is $141.81.

Armstrong World Industries (NYSE:AWI) last issued its quarterly earnings data on Tuesday, February 25th. The construction company reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.12. The company had revenue of $367.70 million for the quarter, compared to the consensus estimate of $352.09 million. Armstrong World Industries had a net margin of 17.95% and a return on equity of 40.67%. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.22 earnings per share. Research analysts anticipate that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.

Armstrong World Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.308 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.23 dividend on an annualized basis and a yield of 0.82%. Armstrong World Industries’s dividend payout ratio is presently 21.69%.

Wall Street Analyst Weigh In

Several research firms have weighed in on AWI. Truist Financial lifted their price objective on Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Loop Capital boosted their price target on shares of Armstrong World Industries from $135.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Evercore ISI increased their price objective on shares of Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. UBS Group lifted their price objective on shares of Armstrong World Industries from $136.00 to $144.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Finally, StockNews.com raised shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Armstrong World Industries has an average rating of “Hold” and an average price target of $142.60.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products.