Stock To Watch: Armstrong World Industries Inc (NYSE:AWI)


The leading market experts have placed a mean price target of $45.33 on Armstrong World Industries Inc (NYSE:AWI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.79 a share for the upcoming quarter and $2.23 for the current fiscal. Technical View The technical analysis of Armstrong World Industries Inc plainly substantiates that the 50-day moving average of Armstrong World Industries Inc is $39.44, and stock is hovering 0.04 or +0.09% distant from $39.44. It is noted that the 200-day MA is $40.76, and Armstrong World Industries Inc stock is $-1.28 or -3.13% off from this point. Armstrong World Industries Inc (NYSE:AWI) 52-week high is $60.70 and the 52-week low is $35.92. This explains if the stock moves $-21.22, it will post a 52-week high. In event of $+9.91% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Armstrong World Industries Inc , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Armstrong World Industries Inc (NYSE:AWI) ratio came in at 58.84. The stock last ended the trading session at $39.48 and registered a market cap of $2.19B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Armstrong World Industries Inc (NYSE:AWI) PEG ratio is at 2.00.

1 Chart Pattern Every Investor Should Know

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