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

Armstrong World Industries (NYSE:AWI) updated its FY25 earnings guidance on Tuesday. 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.

Wall Street Analyst Weigh In

A number of analysts recently commented on AWI shares. UBS Group increased their price target on Armstrong World Industries from $136.00 to $144.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Loop Capital lifted their price objective on shares of Armstrong World Industries from $135.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Truist Financial lifted their price target on shares of Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. StockNews.com raised Armstrong World Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, Evercore ISI increased their price target 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. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Armstrong World Industries has a consensus rating of “Hold” and an average target price of $142.60.

Armstrong World Industries Trading Up 3.2 %

Shares of AWI opened at $150.39 on Tuesday. The business’s 50-day moving average price is $147.46 and its 200-day moving average price is $141.81. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. Armstrong World Industries has a twelve month low of $110.68 and a twelve month high of $164.40. The stock has a market cap of $6.56 billion, a PE ratio of 26.13, a P/E/G ratio of 1.60 and a beta of 1.19.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, February 25th. The construction company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.12. The company had revenue of $367.70 million during the quarter, compared to analyst estimates of $352.09 million. Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the company earned $1.22 earnings per share. On average, equities analysts forecast that Armstrong World Industries will post 6.18 EPS for the current fiscal year.

Armstrong World Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.308 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 0.82%. Armstrong World Industries’s payout ratio is 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.