Armstrong World Industries Inc. (AWI) Stock Price and Analyst Predictions

Armstrong World Industries Inc. (NYSE: AWI) has a price-to-earnings ratio that is above its average at 24.54x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 2 as “sell.”

The public float for AWI is 43.27M, and at present, short sellers hold a 2.04% of that float. On April 04, 2024, the average trading volume of AWI was 370.97K shares.

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AWI) stock’s latest price update

The stock of Armstrong World Industries Inc. (NYSE: AWI) has increased by 1.79 when compared to last closing price of 120.39. Despite this, the company has experienced a -0.68% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that There continues to be an abundance of opportunity in the Zacks Construction sector which currently boasts 15 stocks on the coveted Zacks Rank #1 (Strong Buy) list.

AWI’s Market Performance

AWI’s stock has fallen by -0.68% in the past week, with a monthly rise of 0.81% and a quarterly rise of 25.59%. The volatility ratio for the week is 1.33% while the volatility levels for the last 30 days are 1.40% for Armstrong World Industries Inc. The simple moving average for the past 20 days is -0.01% for AWI’s stock, with a 38.70% simple moving average for the past 200 days.

Analysts’ Opinion of AWI

Many brokerage firms have already submitted their reports for AWI stocks, with UBS repeating the rating for AWI by listing it as a “Neutral.” The predicted price for AWI in the upcoming period, according to UBS is $103 based on the research report published on January 04, 2024 of the current year 2024.

Deutsche Bank, on the other hand, stated in their research note that they expect to see AWI reach a price target of $77, previously predicting the price at $91. The rating they have provided for AWI stocks is “Hold” according to the report published on March 21st, 2023.

Evercore ISI gave a rating of “In-line” to AWI, setting the target price at $80 in the report published on January 13th of the previous year.

AWI Trading at 7.54% from the 50-Day Moving Average

After a stumble in the market that brought AWI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.40% of loss for the given period.

Volatility was left at 1.40%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +1.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.77% upper at present.

During the last 5 trading sessions, AWI fell by -0.68%, which changed the moving average for the period of 200-days by +72.95% in comparison to the 20-day moving average, which settled at $122.68. In addition, Armstrong World Industries Inc. saw 24.64% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AWI starting from Grizzle Victor, who sale 22,914 shares at the price of $99.02 back on Dec 28 ’23. After this action, Grizzle Victor now owns 332,435 shares of Armstrong World Industries Inc., valued at $2,268,866 using the latest closing price.

Stock Fundamentals for AWI

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.38 for the gross margin

The net margin for Armstrong World Industries Inc. stands at 0.17. The total capital return value is set at 0.21. Equity return is now at value 39.72, with 13.32 for asset returns.

Based on Armstrong World Industries Inc. (AWI), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is 7.95.

Currently, EBITDA for the company is 323.7 million with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 4.58. The receivables turnover for the company is 11.58for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.

Conclusion

To sum up, Armstrong World Industries Inc. (AWI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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