Armstrong Flooring Inc. (AFI) Trading Up 3.9%
Armstrong Flooring Inc. (NYSE:AFI)’s share price was up 3.9% during trading on Monday . The company traded as high as $20.58 and last traded at $20.44, with a volume of 69,073 shares. The stock had previously closed at $19.68.
A number of equities analysts recently commented on AFI shares. SunTrust Banks Inc. lowered shares of Armstrong Flooring from a “buy” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research report on Monday, August 15th. Stifel Nicolaus started coverage on shares of Armstrong Flooring in a research report on Wednesday, June 22nd. They set a “hold” rating on the stock. Zacks Investment Research lowered shares of Armstrong Flooring from a “hold” rating to a “sell” rating in a research report on Tuesday, August 16th. Finally, Gabelli started coverage on shares of Armstrong Flooring in a research report on Tuesday, August 9th. They set a “buy” rating on the stock.
The stock has a market cap of $566.68 million and a PE ratio of 119.94. The company’s 50-day moving average is $19.14 and its 200-day moving average is $16.81.
Armstrong Flooring (NYSE:AFI) last posted its quarterly earnings data on Friday, August 12th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.05. The firm had revenue of $323.70 million for the quarter, compared to analysts’ expectations of $326.60 million. On average, equities research analysts predict that Armstrong Flooring Inc. will post $0.63 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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