Headlines about Armstrong World Industries (NYSE:AWI) have trended somewhat positive this week, AlphaOne Sentiment reports. The research group, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Armstrong World Industries earned a news impact score of 0.04 on AlphaOne’s scale. AlphaOne also assigned news headlines about Armstrong World Industries an impact score of 87 out of 100, indicating that recent media coverage is very likely to have an effect on the company’s share price in the near term.
Shares of Armstrong World Industries (NYSE:AWI) traded down 1.00% during trading on Wednesday, hitting $44.50. 422,645 shares of the company were exchanged. The company has a 50 day moving average of $44.69 and a 200-day moving average of $41.65. The stock has a market capitalization of $2.40 billion, a PE ratio of 23.75 and a beta of 1.38. Armstrong World Industries has a 1-year low of $36.33 and a 1-year high of $48.00.
Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Monday, February 27th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. The business earned $297.90 million during the quarter, compared to analyst estimates of $302.28 million. Armstrong World Industries had a return on equity of 22.79% and a net margin of 3.55%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 earnings per share. On average, analysts forecast that Armstrong World Industries will post $2.62 earnings per share for the current year.
Several analysts have recently issued reports on AWI shares. Macquarie reiterated a “neutral” rating on shares of Armstrong World Industries in a research note on Friday, December 16th. Royal Bank of Canada reiterated a “hold” rating and issued a $50.00 target price on shares of Armstrong World Industries in a research note on Tuesday, February 28th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Armstrong World Industries presently has an average rating of “Hold” and a consensus price target of $44.10.
Armstrong World Industries Company Profile
Armstrong World Industries, Inc (AWI) is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal) around the world. Its products are used in commercial and institutional buildings.
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