Armstrong World Industries Inc (NYSE:AWI) 2017 Q3 Sentiment Report

January 21, 2018 - By Vivian Park

 Armstrong World Industries Inc (NYSE:AWI)  2017 Q3 Sentiment Report

Sentiment for Armstrong World Industries Inc (NYSE:AWI)

Armstrong World Industries Inc (NYSE:AWI) institutional sentiment increased to 1.12 in 2017 Q3. Its up 0.07, from 1.05 in 2017Q2. The ratio increased, as 75 funds opened new or increased positions, while 67 sold and reduced holdings in Armstrong World Industries Inc. The funds in our partner’s database now possess: 56.84 million shares, down from 58.76 million shares in 2017Q2. Also, the number of funds holding Armstrong World Industries Inc in their top 10 positions increased from 4 to 8 for an increase of 4. Sold All: 12 Reduced: 55 Increased: 54 New Position: 21.

Armstrong World Industries, Inc. designs, makes, and sells ceiling systems for use primarily in the construction and renovation of residential, commercial, and institutional buildings worldwide. The company has market cap of $3.27 billion. The firm produces suspended fiber and metal ceiling systems, and complementary ceiling products, as well as acoustical ceiling, wall, and structural solutions; and sells suspension system products. It has a 22.66 P/E ratio. It sells its commercial ceiling materials and accessories to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, including large home centers.

The stock decreased 0.24% or $0.15 during the last trading session, reaching $61.9. About 946,069 shares traded or 72.57% up from the average. Armstrong World Industries, Inc. (NYSE:AWI) has risen 6.90% since January 21, 2017 and is uptrending. It has underperformed by 9.80% the S&P500.

Analysts await Armstrong World Industries, Inc. (NYSE:AWI) to report earnings on February, 26. They expect $0.66 earnings per share, up 46.67 % or $0.21 from last year’s $0.45 per share. AWI’s profit will be $34.91M for 23.45 P/E if the $0.66 EPS becomes a reality. After $0.86 actual earnings per share reported by Armstrong World Industries, Inc. for the previous quarter, Wall Street now forecasts -23.26 % negative EPS growth.

Mig Capital Llc holds 6.39% of its portfolio in Armstrong World Industries, Inc. for 868,100 shares. Stockbridge Partners Llc owns 2.22 million shares or 5.72% of their US portfolio. Moreover, Marble Arch Investments Lp has 5.32% invested in the company for 1.56 million shares. The California-based Valueact Holdings L.P. has invested 4.73% in the stock. 13D Management Llc, a New York-based fund reported 222,752 shares.#img1#

Armstrong World Industries, Inc. (NYSE:AWI) Ratings Coverage

Ratings analysis reveals 31% of Armstrong World Industries’s analysts are positive. Out of 16 Wall Street analysts rating Armstrong World Industries, 5 give it “Buy”, 2 “Sell” rating, while 9 recommend “Hold”. The lowest target is $43 while the high is $66. The stock’s average target of $55.36 is -10.57% below today’s ($61.9) share price. AWI was included in 33 notes of analysts from July 31, 2015. The stock of Armstrong World Industries, Inc. (NYSE:AWI) earned “Hold” rating by Zelman on Tuesday, November 1. As per Wednesday, January 27, the company rating was upgraded by BB&T Capital. The stock of Armstrong World Industries, Inc. (NYSE:AWI) earned “Hold” rating by RBC Capital Markets on Monday, October 9. The firm has “Hold” rating given on Tuesday, December 12 by Jefferies. On Wednesday, August 2 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Deutsche Bank on Wednesday, August 5 with “Buy”. The rating was maintained by JP Morgan with “Neutral” on Monday, May 16. The rating was maintained by Citigroup with “Neutral” on Friday, October 20. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, August 5. As per Wednesday, November 22, the company rating was maintained by RBC Capital Markets.

Another recent and important Armstrong World Industries, Inc. (NYSE:AWI) news was published by Gurufocus.com which published an article titled: “First National Bank Sioux Falls Buys Xcel Energy Inc, Deere, Armstrong World …” on January 11, 2018.

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