Stock of the Day

January 4, 2022

Armstrong World Industries (AWI)

$156.01
-$4.66 (-2.9%)
Market Cap: $6.66B

About Armstrong World Industries

Armstrong World Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.

Today's Trend

Armstrong World Industries, Inc. (NYSE: AWI) is trading lower today after a mixed set of analyst updates and a fresh legal headline, despite several upward revisions to future earnings estimates.

  • Zacks Research raised its earnings outlook for multiple future periods, including FY2027, FY2028, and several quarterly estimates, signaling improved longer-term profit expectations for Armstrong World Industries. AWI analyst estimate updates
  • The firm’s current-year estimates were only slightly adjusted overall, with FY2026 EPS trimmed modestly to $8.29 and Q2 2026 EPS lowered by one cent, suggesting no major near-term surprise from analysts. AWI analyst estimate updates
  • Johnson Fistel disclosed an investigation into possible securities-law violations at Armstrong World Industries, which can pressure the stock as investors weigh potential legal risk and uncertainty. Johnson Fistel investigation

Overall, AWI appears to be under pressure because the legal investigation is outweighing the generally favorable analyst revisions to future earnings.

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