Brokerages Set Armstrong World Industries, Inc. (NYSE:AWI) PT at $211.86

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. Four equities research 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 brokerages that have updated their coverage on the stock in the last year is $211.8571.

A number of brokerages have issued reports on AWI. Evercore set a $200.00 price target on Armstrong World Industries in a report on Tuesday, April 28th. Weiss Ratings downgraded Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Bank of America decreased their price target on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a report on Monday, April 20th. Finally, UBS Group decreased their price target on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th.

Armstrong World Industries Price Performance

Shares of NYSE AWI opened at $160.41 on Friday. The business’s 50 day moving average price is $160.86 and its 200 day moving average price is $175.02. The firm has a market cap of $6.85 billion, a P/E ratio of 22.75, a P/E/G ratio of 1.73 and a beta of 1.17. Armstrong World Industries has a 52 week low of $150.28 and a 52 week high of $206.08. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.56.

Armstrong World Industries (NYSE:AWI) last issued its earnings results on Tuesday, April 28th. The construction company reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). The firm had revenue of $409.90 million during the quarter, compared to analysts’ expectations of $409.46 million. Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. Armstrong World Industries’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.66 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. On average, sell-side analysts expect that Armstrong World Industries will post 8.31 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were issued a $0.339 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Armstrong World Industries’s payout ratio is presently 19.29%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Capital International Investors lifted its holdings in Armstrong World Industries by 1.0% in the fourth quarter. Capital International Investors now owns 2,321,993 shares of the construction company’s stock valued at $443,736,000 after acquiring an additional 23,133 shares during the period. Bank of Montreal Can raised its stake in shares of Armstrong World Industries by 18,679.7% during the 4th quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock worth $244,433,000 after buying an additional 1,272,275 shares during the period. Geode Capital Management LLC raised its stake in shares of Armstrong World Industries by 6.5% during the 4th quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company’s stock worth $194,027,000 after buying an additional 61,647 shares during the period. AQR Capital Management LLC raised its stake in shares of Armstrong World Industries by 7.8% during the 4th quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company’s stock worth $183,682,000 after buying an additional 69,849 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Armstrong World Industries by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 860,799 shares of the construction company’s stock worth $168,716,000 after buying an additional 2,799 shares during the period. 98.93% of the stock is owned by institutional investors and hedge funds.

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.