Armstrong World Industries: Upside Not Attractive At This Valuation [Seeking Alpha]
Armstrong World Industries Inc (AWI)
Last armstrong world industries inc earnings: 4/27 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
armstrong.com/home/ir.html
Company Research
Source: Seeking Alpha
Management expects continued mid-single-digit revenue growth and margin expansion in FY24 and FY25. The current share price already reflects AWI's future potential growth, limiting the potential upside and posing a risk of price decline. Summary Readers may find my previous coverage via this link . My previous rating was a hold, as I believed Armstrong World Industries ( NYSE: AWI ) would continue to see pressure from the elevated inflation and uncertain economic outlook. Despite the initiatives implemented, I thought it was tough to assess the likelihood of success. As it turns out, I have deeply underappreciated the market's willingness to give AWI the benefit of the doubt as the share price rallied aggressively all the way up to the current level of $122. After reviewing the 4Q23 results, I have turned bullish on the business fundamentals; however, the valuation seems to have already priced in all the upside (based on my FY25 estimates). As such, I am reiterating my hold rat
Show less
Read more
Impact Snapshot
Event Time:
AWI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AWI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AWI alerts
High impacting Armstrong World Industries Inc news events
Weekly update
A roundup of the hottest topics
AWI
News
- Armstrong World Industries Announces Quarterly DividendBusiness Wire
- Armstrong World Industries' (NYSE:AWI) one-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
- Armstrong World (AWI) Surges 64.3% in 6 Months: Here's Why [Yahoo! Finance]Yahoo! Finance
- Has Armstrong World Industries (AWI) Outpaced Other Construction Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Armstrong World Industries Schedules First Quarter 2024 Earnings Release and Conference CallBusiness Wire
AWI
Earnings
- 2/20/24 - Beat
AWI
Sec Filings
- 4/24/24 - Form 8-K
- 4/23/24 - Form 4
- 4/22/24 - Form 3
- AWI's page on the SEC website