Armstrong World Industries, Inc. (NYSE:AWI) Receives $211.86 Consensus PT from Brokerages

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have been given an average recommendation of “Moderate Buy” by the ten analysts that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $211.8571.

Several research firms have weighed in on AWI. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a report on Monday, April 20th. UBS Group cut their target price on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Bank of America cut their target price on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Finally, Evercore set a $200.00 target price on Armstrong World Industries in a report on Tuesday, April 28th.

Armstrong World Industries Price Performance

AWI opened at $157.95 on Thursday. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 1.73 and a beta of 1.21. Armstrong World Industries has a 1 year low of $149.06 and a 1 year high of $206.08. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.56. The stock has a fifty day moving average price of $169.05 and a 200 day moving average price of $182.51.

Armstrong World Industries (NYSE:AWI) last released its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. The firm had revenue of $409.90 million for the quarter, compared to analyst estimates of $409.46 million. During the same period in the previous year, the business posted $1.66 EPS. Armstrong World Industries’s revenue for the quarter was up 7.1% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Analysts forecast that Armstrong World Industries will post 8.32 EPS for the current fiscal year.

Armstrong World Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, May 11th. Armstrong World Industries’s dividend payout ratio (DPR) is 19.15%.

Hedge Funds Weigh In On Armstrong World Industries

A number of institutional investors have recently made changes to their positions in the business. Walleye Capital LLC bought a new position in shares of Armstrong World Industries in the first quarter worth about $837,000. State of Wyoming increased its stake in shares of Armstrong World Industries by 10.9% in the first quarter. State of Wyoming now owns 3,465 shares of the construction company’s stock worth $571,000 after purchasing an additional 341 shares during the period. Southernsun Asset Management LLC increased its stake in shares of Armstrong World Industries by 0.9% in the first quarter. Southernsun Asset Management LLC now owns 168,278 shares of the construction company’s stock worth $27,732,000 after purchasing an additional 1,533 shares during the period. Meeder Asset Management Inc. increased its stake in shares of Armstrong World Industries by 490.2% in the first quarter. Meeder Asset Management Inc. now owns 2,225 shares of the construction company’s stock worth $367,000 after purchasing an additional 1,848 shares during the period. Finally, KBC Group NV increased its stake in shares of Armstrong World Industries by 4,339.2% in the first quarter. KBC Group NV now owns 46,700 shares of the construction company’s stock worth $7,696,000 after purchasing an additional 45,648 shares during the period. 98.93% of the stock is currently owned by institutional investors.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.