Armstrong Flooring Inc. (AFI) Shares Up 3.9%
Armstrong Flooring Inc. (NYSE:AFI) shares rose 3.9% on Monday . The stock traded as high as $20.58 and last traded at $20.44, with a volume of 69,073 shares traded. The stock had previously closed at $19.68.
Several analysts recently commented on AFI shares. Gabelli started coverage on shares of Armstrong Flooring in a report on Tuesday, August 9th. They set a “buy” rating for the company. Zacks Investment Research cut 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 set a “hold” rating for the company. Finally, SunTrust Banks Inc. cut 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, August 15th.
The company has a 50 day moving average of $19.28 and a 200-day moving average of $16.87. The company has a market capitalization of $571.54 million and a price-to-earnings ratio of 120.971.
Armstrong Flooring (NYSE:AFI) last issued its quarterly earnings results on Friday, August 12th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The company had revenue of $323.70 million for the quarter, compared to analyst estimates of $326.60 million. On average, equities analysts anticipate that Armstrong Flooring Inc. will post $0.63 EPS 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.
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.