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


The leading market experts have placed a mean price target of $48.27 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 $0.46 a share for the upcoming quarter and $2.30 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 $43.13, and stock is trading $0.54 points away or +1.26% from its 50-day moving average of $43.13. Further it is trading $1.92 or +4.60% away its 200-day moving average of $41.75. Armstrong World Industries Inc (NYSE:AWI) 52-week high is $56.69 and the 52-week low is $35.92.

This explains if the stock moves $-13.02, it will post a 52-week high. In event of +21.58% 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 97.26.

The stock last ended the trading session at $43.67 and registered a market cap of $2.42B. 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 3.38.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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