Armstrong Flooring Inc. (AFI) Sets New 52-Week High at $20.67
Armstrong Flooring Inc. (NYSE:AFI) 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. The stock had previously closed at $19.89.
Several research firms have recently commented on AFI. Zacks Investment Research downgraded shares of Armstrong Flooring from a “hold” rating to a “sell” rating in a research note on Tuesday, August 16th. SunTrust Banks Inc. downgraded shares of Armstrong Flooring from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Monday, August 15th. Gabelli began coverage on shares of Armstrong Flooring in a research report on Tuesday, August 9th. They set a “buy” rating for the company. Finally, Stifel Nicolaus began coverage on shares of Armstrong Flooring in a research report on Wednesday, June 22nd. They set a “hold” rating for the company.
The firm has a market capitalization of $565.29 million and a P/E ratio of 119.65. The stock’s 50-day moving average price is $18.87 and its 200-day moving average price is $16.70.
Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings data on Friday, August 12th. The company reported $0.41 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. Analysts anticipate that Armstrong Flooring Inc. will post $0.62 EPS 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.
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