Armstrong World Industries (NYSE:AWI) Issues FY25 Earnings Guidance

Armstrong World Industries (NYSE:AWI) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $6.85 to $7.15 for the period, compared to the consensus earnings per share estimate of $6.87. The company issued revenue guidance of $1.570 billion to $1.610 billion, compared to the consensus revenue estimate of $1.54 billion. Armstrong World Industries also updated its FY 2025 guidance to 6.850-7.150 EPS.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Truist Financial upped their price objective on Armstrong World Industries from $162.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday. StockNews.com cut Armstrong World Industries from a “buy” rating to a “hold” rating in a research report on Tuesday. Evercore ISI lifted their price objective on Armstrong World Industries from $127.00 to $140.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. UBS Group boosted their price objective on Armstrong World Industries from $150.00 to $158.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Loop Capital boosted their price objective on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Armstrong World Industries presently has a consensus rating of “Hold” and a consensus price target of $148.00.

Armstrong World Industries Price Performance

Shares of Armstrong World Industries stock traded down $1.50 during trading hours on Thursday, hitting $150.73. The company’s stock had a trading volume of 153,867 shares, compared to its average volume of 229,354. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.64. The company has a market cap of $6.57 billion, a PE ratio of 26.58, a PEG ratio of 1.60 and a beta of 1.19. Armstrong World Industries has a 12-month low of $110.68 and a 12-month high of $164.40. The business has a 50 day moving average price of $147.68 and a two-hundred day moving average price of $142.11.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Tuesday, February 25th. The construction company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.13. The company had revenue of $367.70 million for the quarter, compared to analysts’ expectations of $364.98 million. Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%. Armstrong World Industries’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.22 earnings per share. Analysts expect that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.

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. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.23 dividend on an annualized basis and a yield of 0.82%. Armstrong World Industries’s dividend payout ratio is currently 21.69%.

About Armstrong World Industries

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.