Armstrong World Industries Inc (NYSE: AWI) has reported E.P.S. of $1.76 for its third fiscal quarter (ending September 30) versus $1.56 for the same period a year ago — an increase of 13%. E.P.S. were $5.69 for the latest four quarters through September 30 versus $5.00 for the same period a year ago — an increase of 14%.
Recent Price Action
Armstrong World Industries Inc (NYSE: AWI) stock increased 2.0% on 10/29/24. The shares closed at $140.00. Moreover, this advance was accompanied by exceptionally high trading volume at 217% of normal. The stock has been strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
AWI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Armstrong World Industries has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Armstrong World Industries has a slightly negative Appreciation Score of 32 but a good Power Rating of 76, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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