Armstrong World Industries, Inc. (NYSE:AWI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have earned a consensus rating of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $211.4286.

Several analysts have recently commented on AWI shares. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th.

Armstrong World Industries Price Performance

Shares of AWI stock opened at $175.32 on Friday. The stock’s fifty day moving average is $177.24 and its 200-day moving average is $186.45. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46. The stock has a market capitalization of $7.51 billion, a PE ratio of 24.76, a PEG ratio of 1.94 and a beta of 1.32. Armstrong World Industries has a 52 week low of $128.65 and a 52 week high of $206.08.

Armstrong World Industries (NYSE:AWI) last announced its earnings results on Tuesday, February 24th. The construction company reported $1.61 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.06). The business had revenue of $388.30 million for the quarter, compared to the consensus estimate of $400.87 million. Armstrong World Industries had a return on equity of 37.80% and a net margin of 19.05%.Armstrong World Industries’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.50 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. Equities research analysts expect that Armstrong World Industries will post 6.18 EPS for the current fiscal year.

Armstrong World Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, March 5th. Armstrong World Industries’s dividend payout ratio is presently 19.21%.

Hedge Funds Weigh In On Armstrong World Industries

Several hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its holdings in Armstrong World Industries by 188.3% in the fourth quarter. Hsbc Holdings PLC now owns 11,725 shares of the construction company’s stock valued at $2,244,000 after acquiring an additional 7,658 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Armstrong World Industries by 7.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,352 shares of the construction company’s stock valued at $258,000 after acquiring an additional 90 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Armstrong World Industries by 39.9% in the fourth quarter. Corient Private Wealth LLC now owns 20,946 shares of the construction company’s stock valued at $4,004,000 after acquiring an additional 5,974 shares during the last quarter. Kera Capital Partners Inc. boosted its holdings in Armstrong World Industries by 184.7% in the fourth quarter. Kera Capital Partners Inc. now owns 3,209 shares of the construction company’s stock valued at $590,000 after acquiring an additional 2,082 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Armstrong World Industries by 6.4% in the fourth quarter. Invesco Ltd. now owns 807,605 shares of the construction company’s stock valued at $154,333,000 after acquiring an additional 48,925 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.

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.