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

Armstrong World Industries, Inc. (NYSE:AWI) has received an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $213.25.

A number of analysts have recently weighed in on the company. Weiss Ratings upgraded Armstrong World Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. DA Davidson reiterated a “buy” rating and set a $215.00 price target on shares of Armstrong World Industries in a research report on Tuesday, September 1st. Jefferies Financial Group reissued a “hold” rating and set a $190.00 price objective on shares of Armstrong World Industries in a report on Wednesday, July 29th. UBS Group restated a “neutral” rating and issued a $203.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Finally, Truist Financial set a $230.00 target price on shares of Armstrong World Industries in a research note on Tuesday, September 8th.

Armstrong World Industries Stock Down 0.1%

NYSE AWI opened at $160.00 on Wednesday. The stock’s 50 day simple moving average is $170.53 and its 200 day simple moving average is $166.34. Armstrong World Industries has a one year low of $150.28 and a one year high of $206.08. The firm has a market cap of $6.76 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.56 and a beta of 1.17. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.52 and a quick ratio of 1.06.

Armstrong World Industries (NYSE:AWI) last issued its quarterly earnings data on Tuesday, July 28th. The construction company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.11. The firm had revenue of $472.00 million during the quarter, compared to the consensus estimate of $461.67 million. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.09 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, sell-side analysts forecast that Armstrong World Industries will post 8.39 earnings per share for the current fiscal year.

Armstrong World Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th were issued a $0.339 dividend. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. Armstrong World Industries’s dividend payout ratio (DPR) is currently 18.63%.

Armstrong World Industries announced that its Board of Directors has authorized a share repurchase plan on Tuesday, July 21st that authorizes the company to repurchase $800.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 12.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Nykredit A S bought a new stake in Armstrong World Industries during the 2nd quarter worth about $302,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Armstrong World Industries during the 2nd quarter valued at about $3,000,000. iSAM Funds UK Ltd bought a new position in shares of Armstrong World Industries in the 2nd quarter valued at about $209,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Armstrong World Industries in the 2nd quarter valued at about $1,715,000. Finally, Keeler Thomas Management LLC grew its position in shares of Armstrong World Industries by 9.3% during the 2nd quarter. Keeler Thomas Management LLC now owns 5,927 shares of the construction company’s stock worth $951,000 after buying an additional 506 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc is a manufacturer of ceiling, wall and suspension-system solutions for commercial and residential spaces. The company develops products designed to improve acoustics, aesthetics, lighting integration, indoor environmental quality and installation efficiency.

Its product portfolio includes mineral fiber, fiberglass, metal and wood ceilings; ceiling suspension systems; acoustical wall panels; partitions; and specialty architectural systems. Armstrong’s solutions are used in offices, schools, health care facilities, retail spaces, transportation hubs, hospitality venues and other building environments.

Armstrong World Industries traces its roots to 1860 and is headquartered in Lancaster, Pennsylvania.