Armstrong World Industries Inc with ticker code (AWI) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 109 and 70 with the average target price sitting at $84.00. Now with the previous closing price of $72.41 this would imply there is now a potential upside of 16.0%. It’s also worth noting that there is a 50 day moving average of $73.22 and the 200 day moving average is $77.83. The company has a market cap of $3,272m. You can visit the company’s website by visiting: https://www.armstrongceilings.com
The potential market cap would be $3,796m based on the market consensus.
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling and wall systems in the United States, Canada, and Latin America. It operates through Mineral Fiber and Architectural Specialties segments. The company offers suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall products; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and facade and partition products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.
The company has a dividend yield of 1.4% with the ex dividend date set at 1-3-2023 (DMY).
Other points of data to note are a P/E ratio of 16.82, revenue per share of 26.63 and a 8.29% return on assets.
