Armstrong World Industries (NYSE:AWI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 8.300-8.500 for the period, compared to the consensus EPS estimate of 8.310. The company issued revenue guidance of $1.8 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion.
Armstrong World Industries Price Performance
NYSE AWI opened at $164.96 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.54 and a quick ratio of 1.04. The stock’s fifty day moving average price is $156.77 and its 200 day moving average price is $170.58. Armstrong World Industries has a 1 year low of $150.28 and a 1 year high of $206.08. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 1.74 and a beta of 1.17.
Armstrong World Industries (NYSE:AWI – Get Free Report) last issued its earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. The company had revenue of $472.00 million during the quarter, compared to analyst estimates of $461.67 million. Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, equities research analysts forecast that Armstrong World Industries will post 8.31 earnings per share for the current year.
Armstrong World Industries Announces Dividend
Armstrong World Industries announced that its board has approved a share buyback program on Tuesday, July 21st that permits the company to buyback $800.00 million in shares. This buyback authorization permits the construction company to buy up to 12.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. UBS Group cut their price target on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings cut shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Bank of America dropped their price objective on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Evercore set a $200.00 price objective on shares of Armstrong World Industries in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $211.86.
Get Our Latest Report on Armstrong World Industries
Hedge Funds Weigh In On Armstrong World Industries
Hedge funds have recently bought and sold shares of the business. Bank of Montreal Can grew its holdings in Armstrong World Industries by 18,679.7% in the fourth quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after purchasing an additional 1,272,275 shares during the period. AQR Capital Management LLC lifted its position in shares of Armstrong World Industries by 7.8% during the 4th quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company’s stock valued at $183,682,000 after buying an additional 69,849 shares in the last quarter. Invesco Ltd. lifted its position in shares of Armstrong World Industries by 6.4% during the 4th quarter. Invesco Ltd. now owns 807,605 shares of the construction company’s stock valued at $154,333,000 after buying an additional 48,925 shares in the last quarter. Alyeska Investment Group L.P. increased its holdings in Armstrong World Industries by 6.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 533,324 shares of the construction company’s stock worth $101,918,000 after acquiring an additional 30,588 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Armstrong World Industries by 7.2% in the 4th quarter. Morgan Stanley now owns 493,726 shares of the construction company’s stock worth $94,351,000 after acquiring an additional 33,157 shares in the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.
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.
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