Armstrong World Industries Inc. (NYSE:AWI) previous close was $107.77 while the outstanding shares total 47.80M. The firm has a beta of 1.18, a 12-month trailing P/E ratio of 29.38, and a growth ratio of 2.19. AWI’s shares traded lower over the last trading session, losing -0.10% on 06/10/21. The shares fell to a low of $106.37 before closing at $107.66. Intraday shares traded counted 0.41 million, which was -40.36% lower than its 30-day average trading volume of 293.53K. The stock’s Relative Strength Index (RSI) is 58.97, with weekly volatility at 1.94% and ATR at 2.21. The AWI stock’s 52-week price range has touched low of $57.96 and a $109.97 high.
Investors have identified the Building Products & Equipment company Armstrong World Industries Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.11 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Armstrong World Industries Inc. (AWI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AWI, the company has in raw cash 121.6 million on their books with 25.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 316.3 million total, with 156.2 million as their total liabilities.
AWI were able to record 6.4 million as free cash flow during the 08/02/2021 quarter of the year, this saw their quarterly net cash flow reduce by -15.3 million. In cash movements, the company had a total of 19.6 million as operating cash flow.
Potential earnings growth for Armstrong World Industries Inc. (AWI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/02/2021 quarter of the year, Armstrong World Industries Inc. recorded a total of 251.9 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 1.27% coming in sequential stages and their sales for the 08/02/2021 quarter increasing by 5.24%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 164.4 million trying to sell their products during the last quarter, with the result yielding a gross income of 87.5 million. This allows shareholders to hold on to 47.80M with the recently reported earning now reading 0.74 cents per share. This is a figure that compared to analyst’s prediction for their 08/02/2021 (0.84 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.40 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AWI sounds very interesting.
Is the stock of AWI attractive?
In related news, SVP, Gen Cnsl, Compliance, Hershey Mark A sold 4,898 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 104.97, for a total value of 514,157. As the sale deal closes, the CFO, MacNeal Brian L now sold 5,000 shares of the company’s stock, valued at 519,300. Also, SVP, Human Resources, Romano Ellen R. sold 2,000 shares of the company’s stock in a deal that was recorded on Apr 16. The shares were price at an average price of 97.00 per share, with a total market value of 194,000. Following this completion of acquisition, the Vice President and Controller, McNamara Stephen F now holds 15,794 shares of the company’s stock, valued at 1,385,095. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
1 out of 9 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Armstrong World Industries Inc.. 1 analysts has assigned a Sell rating on the AWI stock. The 12-month mean consensus price target for the company’s shares has been set at $100.50.