At the time of writing, Armstrong World Industries Inc [AWI] stock is trading at $145.32, up 4.61%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AWI shares have gain 9.68% over the last week, with a monthly amount glided 4.13%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Armstrong World Industries Inc [NYSE: AWI] stock has seen the most recent analyst activity on January 04, 2024, when UBS upgraded its rating to a Neutral and also boosted its price target to $103 from $75. Previously, Deutsche Bank downgraded its rating to Hold on March 21, 2023, and dropped its price target to $77. On January 13, 2023, upgrade upgraded it’s rating to In-line and revised its price target to $80 on the stock. Loop Capital downgraded its rating to a Hold but stick to its price target of $75 on January 05, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $71 on December 14, 2022. Deutsche Bank started tracking with a Buy rating for this stock on August 18, 2022, and assigned it a price target of $125. In a note dated July 13, 2022, Goldman upgraded an Buy rating on this stock but restated the target price of $93.
For the past year, the stock price of Armstrong World Industries Inc fluctuated between $110.68 and $164.40. Currently, Wall Street analysts expect the stock to reach $152 within the next 12 months. Armstrong World Industries Inc [NYSE: AWI] shares were valued at $145.32 at the most recent close of the market. An investor can expect a potential return of 4.6% based on the average AWI price forecast.
Analyzing the AWI fundamentals
According to Armstrong World Industries Inc [NYSE:AWI], the company’s sales were 1.45B for trailing twelve months, which represents an 17.74% jump. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.37 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 139.97 points at the first support level, and at 134.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 148.16, and for the 2nd resistance point, it is at 150.99.
Ratios To Look Out For
It is important to note that Armstrong World Industries Inc [NYSE:AWI] has a current ratio of 1.40. Further, the Quick Ratio stands at 0.96, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 4.37, the price to book ratio is 8.36 and price to earnings (TTM) ratio is 24.12.
Transactions by insiders
Recent insider trading involved JAMES C MELVILLE, Director, that happened on Aug 06 ’24 when 10332.0 shares were purchased. Director, JAMES C MELVILLE completed a deal on Aug 05 ’24 to buy 5405.0 shares. Meanwhile, SVP Human Resources Kirchner-King Dawn M. sold 364.0 shares on Aug 01 ’24.
