Armstrong World Industries (NYSE:AWI) Updates 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 (EPS) guidance of $6.85 to $7.15 for the period, compared to the consensus 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

Several equities analysts recently issued reports on AWI shares. UBS Group boosted their price objective 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 target on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Evercore ISI increased their price target on Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Truist Financial increased their price objective on Armstrong World Industries from $148.00 to $162.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Armstrong World Industries currently has an average rating of “Hold” and an average price target of $142.60.

Armstrong World Industries Price Performance

Armstrong World Industries stock traded up $8.07 during mid-day trading on Tuesday, reaching $153.79. The company had a trading volume of 445,637 shares, compared to its average volume of 220,249. Armstrong World Industries has a fifty-two week low of $110.68 and a fifty-two week high of $164.40. The company has a market cap of $6.70 billion, a P/E ratio of 27.10, a P/E/G ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The business has a fifty day simple moving average of $147.46 and a 200 day simple moving average of $141.81.

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

Armstrong World Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Thursday, March 6th. 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.