Armstrong World Industries, Inc. (NYSE:AWI) Given Consensus Rating of “Hold” by Brokerages

Armstrong World Industries, Inc. (NYSE:AWI) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $140.83.

AWI has been the topic of several recent analyst reports. StockNews.com upgraded shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. UBS Group boosted their target price on shares of Armstrong World Industries from $136.00 to $144.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Evercore ISI boosted their target price on shares of Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Truist Financial boosted their target price on shares of Armstrong World Industries from $148.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Loop Capital lifted their price target on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a report on Wednesday, October 30th.

Armstrong World Industries Stock Up 0.7 %

AWI opened at $154.05 on Tuesday. Armstrong World Industries has a fifty-two week low of $104.53 and a fifty-two week high of $164.40. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.11. The firm’s fifty day moving average price is $148.02 and its two-hundred day moving average price is $140.57. The company has a market capitalization of $6.72 billion, a P/E ratio of 27.17, a P/E/G ratio of 1.66 and a beta of 1.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Transcendent Capital Group LLC bought a new stake in Armstrong World Industries during the 3rd quarter worth about $26,000. V Square Quantitative Management LLC bought a new stake in Armstrong World Industries during the 3rd quarter worth about $31,000. ORG Wealth Partners LLC bought a new stake in Armstrong World Industries during the 4th quarter worth about $32,000. Quent Capital LLC raised its holdings in Armstrong World Industries by 288.1% during the 4th quarter. Quent Capital LLC now owns 229 shares of the construction company’s stock worth $32,000 after purchasing an additional 170 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in Armstrong World Industries during the 4th quarter worth about $33,000. 98.93% of the stock is owned by institutional investors.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products.