Media coverage about Armstrong World Industries (NYSE:AWI) has been trending somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Armstrong World Industries earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 46.4385105097298 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- ETFs with exposure to Armstrong World Industries, Inc. : October 26, 2017 (finance.yahoo.com)
- Armstrong World Industries Inc (AWI) Stock Rating Reaffirmed by KeyCorp (americanbankingnews.com)
- Armstrong World Industries Inc (AWI) Set to Announce Earnings on Monday (americanbankingnews.com)
- $0.92 Earnings Per Share Expected for Armstrong World Industries Inc (AWI) This Quarter (americanbankingnews.com)
A number of equities research analysts have issued reports on the stock. KeyCorp reiterated a “hold” rating on shares of Armstrong World Industries in a report on Tuesday, October 24th. Citigroup Inc. increased their target price on shares of Armstrong World Industries from $52.00 to $58.00 and gave the stock a “neutral” rating in a report on Friday, October 20th. Deutsche Bank AG increased their target price on shares of Armstrong World Industries from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, August 2nd. TheStreet upgraded shares of Armstrong World Industries from a “c+” rating to a “b” rating in a report on Monday, July 31st. Finally, ValuEngine lowered shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $48.00.
Shares of Armstrong World Industries (NYSE:AWI) remained flat at $53.55 during midday trading on Friday. 1,042,230 shares of the company’s stock traded hands. Armstrong World Industries has a 12 month low of $36.38 and a 12 month high of $54.45. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 17.39 and a beta of 1.63. The firm’s 50-day moving average price is $51.46 and its 200 day moving average price is $47.01.
Armstrong World Industries (NYSE:AWI) last posted its earnings results on Monday, July 31st. The construction company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Armstrong World Industries had a net margin of 12.55% and a return on equity of 58.42%. The business had revenue of $330.80 million for the quarter, compared to analysts’ expectations of $330.92 million. During the same period in the previous year, the company posted $0.56 earnings per share. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities research analysts predict that Armstrong World Industries will post $2.73 earnings per share for the current fiscal year.
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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