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

Armstrong World Industries, Inc. (NYSE:AWI) has been given an average rating of “Moderate Buy” by the nine brokerages that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $213.25.

Several equities research analysts have recently commented on the stock. Weiss Ratings downgraded shares of Armstrong World Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 24th. Truist Financial set a $230.00 target price on Armstrong World Industries in a research report on Tuesday, September 8th. UBS Group restated a “neutral” rating and issued a $203.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and set a $215.00 price target on shares of Armstrong World Industries in a research report on Tuesday, September 1st. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $190.00 price target on shares of Armstrong World Industries in a research note on Wednesday, July 29th.

Institutional Trading of Armstrong World Industries

Several institutional investors and hedge funds have recently bought and sold shares of AWI. GAMMA Investing LLC raised its holdings in shares of Armstrong World Industries by 76.5% during the third quarter. GAMMA Investing LLC now owns 9,203 shares of the construction company’s stock worth $1,490,000 after purchasing an additional 3,988 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Armstrong World Industries by 66.7% in the third quarter. Versant Capital Management Inc now owns 780 shares of the construction company’s stock valued at $126,000 after purchasing an additional 312 shares during the last quarter. QRG Capital Management Inc. grew its position in Armstrong World Industries by 3.5% during the 2nd quarter. QRG Capital Management Inc. now owns 5,969 shares of the construction company’s stock worth $958,000 after purchasing an additional 200 shares during the period. Nykredit A S acquired a new stake in Armstrong World Industries during the 2nd quarter worth about $302,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Armstrong World Industries during the 2nd quarter valued at about $3,000,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Armstrong World Industries Stock Performance

AWI opened at $162.94 on Friday. Armstrong World Industries has a 52-week low of $150.28 and a 52-week high of $206.08. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58. The company has a market cap of $6.89 billion, a P/E ratio of 22.32, a price-to-earnings-growth ratio of 1.58 and a beta of 1.16. The firm’s 50-day moving average price is $171.42 and its 200-day moving average price is $165.58.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Tuesday, July 28th. The construction company reported $2.36 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 analyst estimates of $461.67 million. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. Armstrong World Industries’s revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $2.09 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, equities analysts anticipate that Armstrong World Industries will post 8.39 EPS for the current fiscal year.

Armstrong World Industries declared that its Board of Directors has authorized a stock buyback program on Tuesday, July 21st that allows the company to repurchase $800.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 12.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Armstrong World Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th were given a $0.3390 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Armstrong World Industries’s dividend payout ratio is currently 18.49%.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc (NYSE: AWI) designs and manufactures ceiling, wall and suspension-system solutions for commercial and institutional buildings. Its products are used to improve acoustics, aesthetics, lighting integration, indoor air quality and overall building performance.

The company’s offerings include mineral fiber, fiberglass, metal and wood ceilings; acoustical wall systems; ceiling suspension systems; clouds, canopies and other specialty architectural elements; and related accessories.