In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Armstrong World Industries Inc (NYSE: AWI) closed the day trading at $151.33 up 0.58% from the previous closing price of $150.45. In other words, the price has increased by $0.58 from its previous closing price. On the day, 0.42 million shares were traded.
Ratios:
For a better understanding of AWI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 79.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 04, 2024, Upgraded its rating to Neutral and sets its target price to $103 from $75 previously.
On March 21, 2023, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $91 to $77.
Evercore ISI Upgraded its Underperform to In-line on January 13, 2023, whereas the target price for the stock was revised from $84 to $80.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 06 ’24 when JAMES C MELVILLE bought 10,332 shares for $122.51 per share.
JAMES C MELVILLE bought 5,405 shares of AWI for $657,793 on Aug 05 ’24. On Aug 01 ’24, another insider, Kirchner-King Dawn M., who serves as the SVP Human Resources of the company, sold 364 shares for $131.49 each. As a result, the insider received 47,862 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AWI now has a Market Capitalization of 6571777536. As of this moment, Armstrong’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.24, and their Forward P/E ratio for the next fiscal year is 19.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38 while its Price-to-Book (P/B) ratio in mrq is 8.28.
Stock Price History:
Over the past 52 weeks, AWI has reached a high of $164.40, while it has fallen to a 52-week low of $110.68. The 50-Day Moving Average of the stock is 2.04%, while the 200-Day Moving Average is calculated to be 4.35%.
Shares Statistics:
A total of 43.42M shares are outstanding, with a floating share count of 42.88M. Insiders hold about 1.27% of the company’s shares, while institutions hold 100.93% stake in the company.
Dividends & Splits
AWI’s forward annual dividend rate is 1.20, up from 1.204 a year ago. Against a Trailing Annual Dividend Yield of 0.008002658
Earnings Estimates
The current assessment of Armstrong World Industries Inc (AWI) involves the perspectives of 8.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $2.01, with high estimates of $2.08 and low estimates of $1.96.
Analysts are recommending an EPS of between $7.12 and $6.93 for the fiscal current year, implying an average EPS of $7.0. EPS for the following year is $7.88, with 8.0 analysts recommending between $8.1 and $7.43.
Revenue Estimates
8 analysts predict $404.05M in revenue for the current quarter. It ranges from a high estimate of $413M to a low estimate of $398.29M. As of the current estimate, Armstrong World Industries Inc’s year-ago sales were $365.1MFor the next quarter, 8 analysts are estimating revenue of $418.14M. There is a high estimate of $421.59M for the next quarter, whereas the lowest estimate is $412.4M.
A total of 8 analysts have provided revenue estimates for AWI’s current fiscal year. The highest revenue estimate was $1.61B, while the lowest revenue estimate was $1.59B, resulting in an average revenue estimate of $1.6B. In the same quarter a year ago, actual revenue was $1.45BBased on 8 analysts’ estimates, the company’s revenue will be $1.69B in the next fiscal year. The high estimate is $1.72B and the low estimate is $1.67B.
