Armstrong Flooring Inc. (AFI) Hits New 1-Year High at $20.67
Armstrong Flooring Inc. (NYSE:AFI)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $20.67 and last traded at $20.45, with a volume of 78,710 shares trading hands. The stock had previously closed at $19.89.
Several equities analysts have recently commented on the company. Zacks Investment Research lowered Armstrong Flooring from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Gabelli assumed coverage on Armstrong Flooring in a report on Tuesday, August 9th. They issued a “buy” rating for the company. Stifel Nicolaus assumed coverage on Armstrong Flooring in a report on Wednesday, June 22nd. They issued a “hold” rating for the company. Finally, SunTrust Banks Inc. lowered Armstrong Flooring from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Monday, August 15th.
The stock has a 50-day moving average price of $18.99 and a 200 day moving average price of $16.76. The firm has a market capitalization of $546.95 million and a price-to-earnings ratio of 115.76.
Armstrong Flooring (NYSE:AFI) last posted its quarterly earnings data on Friday, August 12th. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The firm had revenue of $323.70 million for the quarter, compared to analyst estimates of $326.60 million. On average, equities research analysts anticipate that Armstrong Flooring Inc. will post $0.63 earnings per share for the current fiscal 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.