Checking the True Picture for Armstrong World Industries, Inc. (AWI)

On Monday, shares of Armstrong World Industries, Inc. (NYSE:AWI) marked $74.38 per share versus a previous $71.70 closing price. With having a 3.74% gain, an insight into the fundamental values of Armstrong World Industries, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. AWI showed a fall of -20.85% within its YTD performance, with highs and lows between $62.03 – $111.46 during the period of 52 weeks, compared to the simple moving average of -17.19% in the period of the last 200 days.

Credit Suisse equity researchers changed the status of Armstrong World Industries, Inc. (NYSE: AWI) shares to a “Outperform” rating in the report published on May 28th, 2020. Other analysts, including Evercore ISI, also published their reports on AWI shares. Evercore ISI repeated the rating from the previous report, marking AWI under “In-line” rating, in the report published on April 2nd, 2020. Additionally, AWI shares got another “Buy” rating from Nomura, setting a target price of $90 on the company’s shares, according to the report published in March 27th, 2020. On March 17th, 2020, Loop Capital Upgrade an Hold rating and increased its price target from $95 to $83. On the other hand, Loop Capital Initiated the “Sell” rating for AWI shares, as published in the report on January 24th, 2020. Loop Capital seems to be going bullish on the price of AWI shares, based on the price prediction for AWI. Another “Neutral” rating came from Exane BNP Paribas.

Armstrong World Industries, Inc. (AWI) Analysis

The present dividend yield for AWI owners is set at 0.01, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Armstrong World Industries, Inc., the company needs to provide a healthy cash flow, currently at the value of 36.66. In addition, the growth of sales from quarter to quarter is recording 2.70%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Armstrong World Industries, Inc. (AWI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -15.20% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while AWI is currently recording an average of 476.89K in volumes. The volatility of the stock on monthly basis is set at 3.90%, while the weekly volatility levels are marked at 3.49%with -0.84% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $89.06, indicating growth from the present price of $74.38, which can represent yet another valuable research and analysis points that can help you decide whether to invest in AWI or pass.

What to Look for When Analyzing Armstrong World Industries, Inc. Shares?

Armstrong World Industries, Inc. (AWI) is based in the USA and it represents one of the well-known company operating with Industrials sector. If you wish to compare AWI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Armstrong World Industries, Inc., while the value 16.87 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.49 is supported by the yearly EPS growth of 34.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.90%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in AWI Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in AWI in the recent period. That is how T. Rowe Price Associates, Inc. now has an increase position in AWI by 12.46% in the first quarter, owning 8.32 million shares of AWI stocks, with the value of $627.37 million after the purchase of an additional 921,958 shares during the last quarter. In the meanwhile, Capital Research & Management Co. also increased their stake in AWI shares changed 22.52% in the first quarter, which means that the company now owns 4.98 million shares of company, all valued at $375.08 million after the acquisition of additional 914,448 shares during the last quarter.

Lazard Asset Management LLC acquired a new position in Armstrong World Industries, Inc. during the first quarter, with the value of $366.21 million, and The London Company of Virginia LL increased their stake in the company’s shares by 9.95% in the first quarter, now owning 220,289 shares valued at $183.5 million after the acquisition of the additional 2.43 million shares during the last quarter.