Armstrong Flooring Inc. (AFI) Trading Up 3.3%
Armstrong Flooring Inc. (NYSE:AFI) was up 3.3% during trading on Wednesday . The stock traded as high as $19.22 and last traded at $18.85, with a volume of 96,893 shares changing hands. The stock had previously closed at $18.25.
Several equities research analysts have recently commented on AFI shares. Zacks Investment Research lowered shares of Armstrong Flooring from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Stifel Nicolaus started coverage on shares of Armstrong Flooring in a report on Wednesday, June 22nd. They issued a “hold” rating for the company. SunTrust Banks Inc. lowered shares of Armstrong Flooring from a “buy” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Monday. Finally, Gabelli started coverage on shares of Armstrong Flooring in a report on Tuesday, August 9th. They issued a “buy” rating for the company.
The stock has a market cap of $525.55 million and a PE ratio of 111.24. The stock has a 50-day moving average price of $18.58 and a 200 day moving average price of $16.60.
Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings data on Friday, August 12th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.05. The firm earned $323.70 million during the quarter, compared to analysts’ expectations of $326.60 million. On average, analysts forecast that Armstrong Flooring Inc. will post $0.62 earnings per share for the current year.
Armstrong Flooring, Inc is engaged in the designing and manufacturing of flooring solutions that inspire spaces where people live, work, learn, heal and play. The Company manufactures resilient and wood flooring products across North America. The Company safely and responsibly operates approximately 18 manufacturing facilities in three countries.
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