Armstrong World Industries (NYSE:AWI) Issues Earnings Results

Armstrong World Industries (NYSE:AWI) released its quarterly earnings results on Tuesday. The construction company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.38 by $0.12, Zacks reports. Armstrong World Industries had a net margin of 17.95% and a return on equity of 40.67%. The business had revenue of $367.70 million during the quarter, compared to analyst estimates of $352.09 million. During the same quarter in the prior year, the firm earned $1.22 earnings per share. The company’s quarterly revenue was up 17.7% on a year-over-year basis. Armstrong World Industries updated its FY 2025 guidance to 6.850-7.150 EPS and its FY25 guidance to $6.85 to $7.15 EPS.

Armstrong World Industries Trading Up 6.1 %

Shares of Armstrong World Industries stock opened at $154.58 on Tuesday. Armstrong World Industries has a 12-month low of $110.68 and a 12-month high of $164.40. The company has a 50-day simple moving average of $147.46 and a 200 day simple moving average of $141.81. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $6.74 billion, a P/E ratio of 27.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19.

Armstrong World Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.308 dividend. This represents a $1.23 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, March 6th. Armstrong World Industries’s dividend payout ratio is 21.69%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AWI. StockNews.com upgraded Armstrong World Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. UBS Group lifted their price objective 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. Loop Capital increased their target price on shares of Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. Truist Financial boosted their price target on shares of Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Evercore ISI increased their price objective on shares of Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $142.60.

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.