Armstrong World Industries Inc (NYSE:AWI) Issues Earnings Results

Paterniano Del Favero
Agosto 2, 2017

Cipher Capital LP purchased a new stake in shares of Armstrong World Industries during the first quarter valued at $205,000. Insperity Inc now has $1.59B valuation.

Medtronic plc (NYSE:MDT) makeup itself as poignant stock, dropped -0.13% to trade at $83.86. About 74,426 shares traded. (NYSE:PM) has risen 16.65% since July 31, 2016 and is uptrending. Invictus RG purchased a new position in Armstrong World Industries during the first quarter valued at approximately $117,000. Research Firm Zacks boosted Armstrong World Industries from a "hold" recommendation to a "buy" recommendation and fixed a $52.00 price objective on the company shares in a study report on early Mon, Apr 24th. The company had revenue of $330.80 million for the quarter, compared to analysts' expectations of $330.92 million.

Armstrong World Industries, Inc. The stock rose 9.33% or $4.15 reaching $48.65. In terms of relative volume, these shares are trading at 2.76x their normal volume.

More recent Armstrong World Industries Inc (NYSE:AWI) news were published by: Usnews.com which released: "Armstrong World Industries Posts 2Q Profit" on July 31, 2017. It has underperformed by 9.80% the S&P500. The company has market cap of $2.59 billion. (NYSE:AWI) shares have moved -1.98% on the week. Lastly, ValuEngine boosted Armstrong World Industries from a "hold" recommendation to a "buy" recommendation in a analysis report on early Thur, Jul 6th. around three financial stock experts recommended the company shares with a sell recommendation, around three has issued a hold recommendation and five have published a buy recommendation to The corporation. Therefore 29% are positive. The firm has "Outperform" rating given on Friday, October 23 by Macquarie Research. Citigroup maintained the shares of AWI in report on Monday, May 16 with "Neutral" rating. The firm has "Buy" rating given on Thursday, March 24 by Bank of America. The stock of Armstrong World Industries Inc (NYSE:AWI) earned "Buy" rating by Deutsche Bank on Wednesday, August 5. As per Monday, May 16, the company rating was reinitiated by Piper Jaffray. The stock has "Equal-Weight" rating by Barclays Capital on Tuesday, October 13. Its up 0.24, from 1.05 in 2016Q3.

Institutional investors have modified to their stake in the share.

TRADEMARK VIOLATION NOTICE: "Armstrong World Industries Inc (NYSE:AWI) Issues Earnings Results" was first posted by Markets Daily and is the sole property of of Markets Daily. Stifel Fincl accumulated 61,743 shares. Nomura upgraded the shares of PM in report on Monday, November 30 to "Neutral" rating. Armstrong World Industries presently has a consensus rating of "Hold" and a consensus price target of $45.00. Shares have risen almost 17 percent since the beginning of the year. Icon Advisers Company stated it has 0.03% in Armstrong World Industries Inc (NYSE:AWI).

07/11/2016 - Armstrong World Industries Inc was downgraded to "sell" by analysts at Goldman Sachs. It improved, as 26 investors sold Armstrong World Industries Inc shares while 44 reduced holdings. Independent Portfolio Consultants holds 3,660 shares or 0.05% of its portfolio. KeyCorp also issued estimates for Armstrong World Industries' Q4 2017 earnings at $0.55 EPS, FY2017 earnings at $2.74 EPS and FY2018 earnings at $2.96 EPS.

Eric Mindich decreased its stake in Armstrong World Inds Inc New (AWI) by 36.89% based on its latest 2016Q4 regulatory filing with the SEC. Armstrong World Industries adjusted its guidance for the Fiscal Year 17 to $2.65-2.75 Earnings Per Share. The hedge fund run by Eric Mindich held 2.31 million shares of the plastic products company at the end of 2016Q4, valued at $96.71 million, down from 3.67 million at the end of the previous reported quarter.

Turning to Synergy Pharmaceuticals Inc. Fresh Del Monte Produce Inc (NYSE:FDP) was raised too. Cubist Systematic Strategies Ltd reported 3,772 shares. Chicago Equity Ptnrs Llc has 33,260 shares for 0.06% of their portfolio. Tiaa Cref Inv Limited Liability Corp has invested 0.01% in Insperity Inc (NYSE:NSP). No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. The stock of Philip Morris International Inc. The rating was maintained by JP Morgan on Tuesday, April 19 with "Neutral". When there are more buyers than sellers, the stock price will rise because of the increased demand. TH Capital downgraded the stock to "Neutral" rating in Tuesday, February 14 report.

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