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

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $211.8571.

AWI has been the subject of a number of analyst reports. Bank of America cut 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. UBS Group lowered their price objective on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Evercore set a $200.00 price target on Armstrong World Industries in a research report on Tuesday, April 28th. Finally, Weiss Ratings lowered shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th.

Hedge Funds Weigh In On Armstrong World Industries

A number of large investors have recently bought and sold shares of the stock. Larson Financial Group LLC grew its holdings in shares of Armstrong World Industries by 77.0% in the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after purchasing an additional 57 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Armstrong World Industries during the fourth quarter valued at about $27,000. Cullen Frost Bankers Inc. raised its stake in shares of Armstrong World Industries by 124.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock valued at $34,000 after acquiring an additional 98 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Armstrong World Industries by 426.5% during the third quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock worth $35,000 after purchasing an additional 145 shares during the period. Finally, Ameriflex Group Inc. purchased a new stake in shares of Armstrong World Industries during the third quarter worth about $35,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Armstrong World Industries Stock Performance

Shares of AWI stock opened at $158.43 on Friday. Armstrong World Industries has a 52 week low of $150.28 and a 52 week high of $206.08. The firm’s 50-day simple moving average is $160.04 and its two-hundred day simple moving average is $174.62. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 22.47, a P/E/G ratio of 1.72 and a beta of 1.17. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.04 and a current ratio of 1.54.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $409.46 million. During the same period last year, the company posted $1.66 earnings per share. 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. As a group, equities analysts forecast that Armstrong World Industries will post 8.31 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 11th were given a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, May 11th. Armstrong World Industries’s dividend payout ratio (DPR) is presently 19.29%.

About Armstrong World Industries

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.