Armstrong World Industries (NYSE:AWI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 6.850-7.150 for the period, compared to the consensus earnings per share estimate of 6.870. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion. Armstrong World Industries also updated its FY25 guidance to $6.85 to $7.15 EPS.
Armstrong World Industries Price Performance
Shares of NYSE:AWI traded down $0.67 during midday trading on Thursday, reaching $151.57. 106,735 shares of the company’s stock were exchanged, compared to its average volume of 228,035. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.64. The company’s 50 day simple moving average is $147.68 and its two-hundred day simple moving average is $142.11. Armstrong World Industries has a 12 month low of $110.68 and a 12 month high of $164.40. The firm has a market capitalization of $6.61 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19.
Armstrong World Industries (NYSE:AWI – Get Free Report) last issued its earnings results on Tuesday, February 25th. The construction company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.13. The business had revenue of $367.70 million during the quarter, compared to analysts’ expectations of $364.98 million. Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%. Armstrong World Industries’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.22 EPS. Equities research analysts expect that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.
Armstrong World Industries Announces Dividend
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on AWI. UBS Group lifted their target price on shares of Armstrong World Industries from $150.00 to $158.00 and gave the company a “neutral” rating in a research note on Wednesday. StockNews.com downgraded shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a research note on Tuesday. Loop Capital increased their price target on shares of Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Truist Financial upped their price objective on Armstrong World Industries from $162.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Evercore ISI increased their price objective on 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. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $148.00.
Read Our Latest Stock Report on Armstrong World Industries
About Armstrong World Industries
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.
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