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

Armstrong World Industries (NYSE:AWI - Get Free Report) 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.

Analyst Ratings Changes

A number of research firms have recently issued reports on AWI. The Goldman Sachs Group lifted their target price on shares of Armstrong World Industries from $163.00 to $180.00 and gave the company a "buy" rating in a research note on Friday. UBS Group lifted their price objective on Armstrong World Industries from $150.00 to $158.00 and gave the company a "neutral" rating in a research report on Wednesday. StockNews.com lowered Armstrong World Industries from a "buy" rating to a "hold" rating in a research note on Tuesday. Finally, Truist Financial raised their target price on Armstrong World Industries from $162.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $153.33.

Armstrong World Industries Trading Up 1.5 %

NYSE:AWI traded up $2.25 during trading hours on Friday, hitting $153.44. 257,512 shares of the stock were exchanged, compared to its average volume of 238,303. The company has a market capitalization of $6.69 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The company's 50 day moving average is $148.07 and its two-hundred day moving average is $142.41. Armstrong World Industries has a twelve month low of $110.68 and a twelve month high of $164.40.

Armstrong World Industries (NYSE:AWI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The construction company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.13. The business had revenue of $367.70 million for the quarter, compared to analyst estimates of $364.98 million. Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%. The firm's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.22 earnings per share. On average, sell-side analysts anticipate that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.

Armstrong World Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a $0.308 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.23 annualized dividend and a dividend yield of 0.80%. Armstrong World Industries's dividend payout ratio is currently 20.40%.

Armstrong World Industries Company Profile

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.