After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Armstrong World Industries Reports Record-Setting Fourth-Quarter and Full-Year 2023 Results.
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Stocks Info
This NYSE-listed company operates within the Building Products & Equipment industry segment, falling under the Industrials sector. The current market capitalization of Armstrong World Industries Inc. is $5.26B. A total of 0.69 million shares were traded on the day, compared to an average of 535.98K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AWI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 15 BUYs and 8 SELLs from insiders. Insiders purchased 23,305 shares during that period but sold 3,759.
In the most recent transaction, Grizzle Victor sold 22,914 shares of AWI for 99.02 per share on Dec 28. After the transaction, the CEO now owns 332,435 company shares.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Armstrong World Industries Inc. pays an annual dividend of $1.04, resulting in a dividend yield of 0.88%, and it has a price to earnings (P/E) ratio of 23.84. AWI’s most recent ex-dividend date was 2/28/2024 when it declared a $0.28 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 11/16/2023 with an ex-dividend date of 11/1/2023. The AWI stock dividend was $0.28 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AWI in the last 3 months, the mean price target is $119.64 with high estimates of $132.00 and low estimates of $94.10. In terms of 52-week highs and lows, AWI has a high of $117.45 and a low of $62.03.
As of this writing, AWI has an earnings estimate of $1.19 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.28 per share and a lower estimate of $1.13. The company reported an EPS of $1.6 in the last quarter, which was 22.10% higher than expectations of $1.31.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AWI’s latest balance sheet shows that the firm has $98.10M in Cash & Short Term Investments as of fiscal 2021. There were $671.60M in debt and $209.60M in liabilities at the time. Its Book Value Per Share was $13.48, while its Total Shareholder’s Equity was $519.70M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AWI is Buy with a score of 3.75.
