Armstrong World Industries (NYSE:AWI) Updates FY 2025 Earnings Guidance

Armstrong World Industries (NYSE:AWI) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 6.850-7.150 for the period, compared to the consensus EPS estimate of 6.870. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion. Armstrong World Industries also updated its FY25 guidance to $6.85 to $7.15 EPS.

Armstrong World Industries Stock Up 0.4 %

AWI stock opened at $153.99 on Wednesday. Armstrong World Industries has a one year low of $110.68 and a one year high of $164.40. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.64. The company has a fifty day moving average of $147.51 and a 200-day moving average of $142.04. The stock has a market capitalization of $6.71 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19.

Armstrong World Industries (NYSE:AWI) last released its earnings results on Tuesday, February 25th. The construction company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $367.70 million for the quarter, compared to analysts’ expectations of $364.98 million. During the same quarter in the previous year, the firm posted $1.22 EPS. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. As a group, analysts expect that Armstrong World Industries will post 6.18 EPS for the current year.

Armstrong World Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.308 per share. 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 payout ratio is currently 21.69%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Truist Financial raised their price objective on shares of Armstrong World Industries from $148.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. StockNews.com lowered Armstrong World Industries from a “buy” rating to a “hold” rating in a research note on Tuesday. UBS Group raised their price objective on Armstrong World Industries from $136.00 to $144.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Evercore ISI upped their target price on Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, Loop Capital raised their price target on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $142.60.

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.