Armstrong Flooring Inc. [AFI] has traded in a range of $1.12 to $6.75 in the last 1 year. As of this writing, the stock is at $4.23, up 11.32%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, AFI shares are 12.20% up with the monthly amount drift of 8.46% and seems well in a long time frame.

On 12, October 2020, Armstrong Flooring Announces Date for Third Quarter 2020 Results. According to news published on Yahoo Finance, Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”), a leader in the design and manufacture of innovative flooring solutions, announced today that the Company will release its third quarter 2020 financial results before the market opens on Wednesday, October 21, 2020. A webcast and conference call will be held that same day at 10:00 a.m. Eastern Time to review financial results, discuss recent events and conduct a question-and-answer session.

Analyst Birdseye View:

The most recent analyst activity for Armstrong Flooring Inc. [NYSE:AFI] stock was on May 08, 2019, when it was Downgrade with a Hold rating from Gabelli & Co, which also raised its 12-month price target on the stock to $16. Before that, on May 14, 2020, Nomura Recapitulated a Buy rating and elevated its amount target to $5. On November 16, 2018, Gabelli & Co Upgrade a Buy rating and boosted its price target on this stock to $24. On August 08, 2017, Gabelli & Co Downgrade a Hold rating and increased its price target to $18. On March 07, 2017, Stifel Reiterated a Hold rating and increased its price target to $20. On August 15, 2016, SunTrust Downgrade a Neutral rating. On June 22, 2016, Stifel Initiated a Hold rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.12 and a peak of $6.75. Right now, according to Wall Street analyst the average 12-month amount target is $3.00. At the most recent market close, shares of Armstrong Flooring Inc. [NYSE:AFI] were valued at $4.23. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

Armstrong Flooring Inc. [NYSE:AFI] most recently reported quarterly sales of 145.7 billion, which represented growth of -18.10%. This publicly-traded organization’s revenue is $391,250 per employee, while its income is -$43,062 per employee. This company’s Gross Margin is currently 12.70%, its Operating Margin is -11.50%, its Pretax Margin is -10.75, and its Net Margin is -11.01. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -11.38, -20.90, -15.31 and -17.78 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 15.36 and the whole liability to whole assets at 9.70. It shows enduring liability to the whole principal at 14.26 and enduring liability to assets at 0.09 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.64 points at 1st support level, the second support level is making up to 3.06. But as of 1st resistance point, this stock is sitting at 4.93 and at 5.64 for 2nd resistance point.

Armstrong Flooring Inc. [AFI] reported its earnings at -$0.58 per share in the fiscal quarter closing of 3/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.82/share signifying the difference of 0.24 and 29.30% surprise value. Comparing the previous quarter ending of 12/30/2019, the stated earnings were -$1.05 calling estimates for -$0.61/share with the difference of -0.44 depicting the surprise of -72.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Armstrong Flooring Inc. [NYSE:AFI] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.26. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.16 and it’s amount to book ratio is 0.34.

Insider Stories

The most recent insider trade was by Flaharty Brent A, SVP, Sales, and it was the purchase of 2500.0 shares on Mar 16. Vermette Michel, the President & CEO, completed a purchase of 10000.0 shares on Mar 16. On Mar 16, LANE KATHY S, Director, completed a purchase of 16242.0 shares.