Armstrong World Industries (AWI) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

AWI Stock Forecast


Armstrong World Industries stock forecast is as follows: an average price target of $150.60 (represents a 4.06% upside from AWI’s last price of $144.72) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

AWI Price Target


The average price target for Armstrong World Industries (AWI) is $150.60 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $162.00 to $140.00. This represents a potential 4.06% upside from AWI's last price of $144.72.

AWI Analyst Ratings


Buy

According to 7 Wall Street analysts, Armstrong World Industries's rating consensus is 'Buy'. The analyst rating breakdown for AWI stock is 1 'Strong Buy' (14.29%), 3 'Buy' (42.86%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Armstrong World Industries Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Stephen KimEvercore ISI$140.00$140.35-0.25%-3.26%
Oct 30, 2024Rafe JadrosichBank of America Securities$161.00$142.2113.21%11.25%
Oct 30, 2024Keith HughesTruist Financial$162.00$142.3813.78%11.94%
Oct 30, 2024Garik ShmoisLoop Capital Markets$145.00$140.003.57%0.19%
Jul 30, 2024Susan MaklariGoldman Sachs$145.00$132.179.71%0.19%
Jan 13, 2023Evercore ISI$80.00$74.916.79%-44.72%
Jan 12, 2023Goldman Sachs$86.00$75.0014.67%-40.57%
Jan 05, 2023Loop Capital Markets$75.00$68.968.76%-48.18%
Dec 14, 2022Jefferies$71.00$73.37-3.23%-50.94%
Jul 27, 2022UBS$82.00$84.01-2.39%-43.34%

The latest Armstrong World Industries stock forecast, released on Oct 30, 2024 by Stephen Kim from Evercore ISI, set a price target of $140.00, which represents a -0.25% decrease from the stock price at the time of the forecast ($140.35), and a -3.26% decrease from AWI last price ($144.72).

Armstrong World Industries Price Target by Period


1M3M12M
# Anlaysts-45
Avg Price Target-$152.00$150.60
Last Closing Price$144.72$144.72$144.72
Upside/Downside-100.00%5.03%4.06%

In the current month, the average price target of Armstrong World Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Armstrong World Industries's last price of $144.72. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024UBSNeutralNeutralHold
Oct 30, 2024Loop Capital MarketsHoldHoldHold
Oct 09, 2024JefferiesHoldHoldHold
Jul 30, 2024Goldman SachsBuyBuyHold
Feb 21, 2024ZelmanOutperformUpgrade
Jan 04, 2024UBSSellNeutralUpgrade
Oct 24, 2023CFRABuyStrong BuyUpgrade
Jul 26, 2023UBSSellSellHold
Mar 01, 2023CFRABuyUpgrade
Jan 12, 2023Goldman SachsBuyBuyHold
Aug 17, 2022Deutsche BankBuyInitialise
Jul 27, 2022UBSSellSellHold
Jul 13, 2022Goldman SachsBuyUpgrade
Jun 15, 2022Loop Capital MarketsBuyUpgrade
Apr 26, 2022JefferiesBuyUpgrade

Armstrong World Industries's last stock rating was published by UBS on Oct 30, 2024. The company gave AWI a "Neutral" rating, the same as its previous rate.

Armstrong World Industries Financial Forecast


Armstrong World Industries Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue---------$347.30M$325.40M$310.20M$304.50M$325.00M$321.00M$282.60M$282.50M$292.20M$280.00M$251.90M$238.70M$246.30M$203.20M$248.70M$246.90M$277.10M$272.00M$242.10M$227.30M$315.40M
Avg Forecast$372.48M$407.68M$388.19M$362.17M$351.48M$386.78M$360.24M$319.44M$305.20M$330.42M$334.05M$310.23M$299.62M$330.36M$316.63M$290.92M$276.32M$294.26M$272.75M$244.40M$231.41M$230.38M$223.31M$251.71M$254.99M$289.76M$277.32M$247.38M$233.05M$223.80M
High Forecast$380.97M$416.96M$397.04M$372.73M$353.75M$386.84M$360.30M$319.44M$306.04M$334.00M$341.66M$317.29M$306.45M$330.36M$316.63M$290.92M$276.32M$294.26M$272.75M$244.40M$231.41M$230.38M$223.31M$251.71M$254.99M$289.76M$277.32M$247.38M$279.67M$268.56M
Low Forecast$365.89M$400.46M$381.32M$354.88M$349.36M$386.73M$360.17M$319.44M$304.56M$323.82M$328.13M$304.73M$294.32M$330.36M$316.63M$290.92M$276.32M$294.26M$272.75M$244.40M$231.41M$230.38M$223.31M$251.71M$254.99M$289.76M$277.32M$247.38M$186.44M$179.04M
# Analysts3335541137632222345668765555137
Surprise %---------1.05%0.97%1.00%1.02%0.98%1.01%0.97%1.02%0.99%1.03%1.03%1.03%1.07%0.91%0.99%0.97%0.96%0.98%0.98%0.98%1.41%

Armstrong World Industries's average Quarter revenue forecast for Dec 23 based on 3 analysts is $305.20M, with a low forecast of $304.56M, and a high forecast of $306.04M. AWI's average Quarter revenue forecast represents a -12.12% decrease compared to the company's last Quarter revenue of $347.30M (Sep 23).

Armstrong World Industries EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3335541137632222345668765555137
EBITDA---------$102.50M$87.00M$72.60M$70.20M$103.20M$100.00M$85.60M$79.00M$96.50M$105.60M$78.90M$58.90M$99.40M$86.90M$-278.80M$82.50M$119.50M$102.10M$78.00M$68.00M$83.10M
Avg Forecast$83.90M$91.83M$87.44M$81.58M$79.17M$87.13M$81.15M$115.42M$68.75M$74.43M$75.25M$104.93M$83.59M$60.75M$58.23M$95.39M$50.82M$54.11M$50.16M$84.16M$42.56M$42.37M$41.07M$-281.31M$46.89M$53.29M$51.00M$64.72M$69.68M$84.58M
High Forecast$85.82M$93.92M$89.44M$83.96M$79.68M$87.14M$81.16M$138.50M$68.94M$75.24M$76.96M$125.91M$100.31M$60.75M$58.23M$114.47M$50.82M$54.11M$50.16M$100.99M$42.56M$42.37M$41.07M$-225.05M$46.89M$53.29M$51.00M$77.67M$83.61M$101.50M
Low Forecast$82.42M$90.21M$85.90M$79.94M$78.70M$87.11M$81.13M$92.34M$68.60M$72.94M$73.91M$83.94M$66.87M$60.75M$58.23M$76.31M$50.82M$54.11M$50.16M$67.33M$42.56M$42.37M$41.07M$-337.57M$46.89M$53.29M$51.00M$51.78M$55.74M$67.67M
Surprise %---------1.38%1.16%0.69%0.84%1.70%1.72%0.90%1.55%1.78%2.11%0.94%1.38%2.35%2.12%0.99%1.76%2.24%2.00%1.21%0.98%0.98%

3 analysts predict AWI's average Quarter EBITDA for Dec 23 to be $68.75M, with a high of $68.94M and a low of $68.60M. This is -32.93% lower than Armstrong World Industries's previous annual EBITDA (Sep 23) of $102.50M.

Armstrong World Industries Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3335541137632222345668765555137
Net Income---------$69.50M$60.20M$47.30M$48.80M$57.50M$52.20M$44.40M$41.90M$50.80M$55.10M$35.40M$22.80M$54.00M$50.30M$-226.20M$47.70M$73.20M$54.50M$39.10M$27.80M$30.40M
Avg Forecast$68.54M$88.18M$77.24M$66.68M$60.81M$77.45M$68.58M$59.80M$45.50M$57.69M$58.32M$54.36M$44.33M$64.71M$60.16M$49.42M$46.21M$56.45M$46.26M$37.76M$30.86M$41.14M$39.69M$-228.24M$37.82M$57.20M$52.40M$32.44M$28.49M$30.94M
High Forecast$70.57M$90.79M$79.53M$70.92M$61.26M$77.67M$68.94M$71.76M$46.83M$60.34M$60.04M$65.23M$53.20M$64.71M$60.16M$59.30M$46.21M$57.27M$47.15M$45.31M$30.86M$41.14M$39.69M$-182.59M$37.82M$57.20M$52.40M$38.93M$34.18M$37.13M
Low Forecast$66.96M$86.15M$75.46M$62.85M$59.04M$77.22M$68.23M$47.84M$44.62M$55.49M$56.97M$43.49M$35.47M$64.71M$60.16M$39.54M$46.21M$55.62M$45.38M$30.21M$30.86M$41.14M$39.69M$-273.89M$37.82M$57.20M$52.40M$25.96M$22.79M$24.75M
Surprise %---------1.20%1.03%0.87%1.10%0.89%0.87%0.90%0.91%0.90%1.19%0.94%0.74%1.31%1.27%0.99%1.26%1.28%1.04%1.21%0.98%0.98%

Armstrong World Industries's average Quarter net income forecast for Dec 23 is $45.50M, with a range of $44.62M to $46.83M. AWI's average Quarter net income forecast represents a -34.53% decrease compared to the company's last Quarter net income of $69.50M (Sep 23).

Armstrong World Industries SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3335541137632222345668765555137
SG&A---------$64.60M$61.90M$62.70M$59.10M$59.30M$61.50M$57.10M$60.90M$62.30M$60.00M$54.40M$54.50M$41.00M$33.00M$34.80M$40.00M$41.30M$37.40M$55.60M$37.50M$54.60M
Avg Forecast$70.89M$77.59M$73.88M$68.93M$66.89M$73.61M$68.56M$76.90M$58.09M$62.89M$63.58M$69.91M$64.44M$62.69M$60.09M$63.55M$52.44M$55.84M$51.76M$58.03M$43.92M$43.72M$42.38M$35.11M$48.39M$54.99M$52.63M$46.14M$38.43M$55.58M
High Forecast$72.51M$79.36M$75.56M$70.94M$67.32M$73.62M$68.57M$92.28M$58.25M$63.57M$65.02M$83.89M$77.33M$62.69M$60.09M$76.27M$52.44M$55.84M$51.76M$69.63M$43.92M$43.72M$42.38M$42.14M$48.39M$54.99M$52.63M$55.36M$46.11M$66.69M
Low Forecast$69.64M$76.22M$72.57M$67.54M$66.49M$73.60M$68.55M$61.52M$57.96M$61.63M$62.45M$55.93M$51.55M$62.69M$60.09M$50.84M$52.44M$55.84M$51.76M$46.42M$43.92M$43.72M$42.38M$28.09M$48.39M$54.99M$52.63M$36.91M$30.74M$44.46M
Surprise %---------1.03%0.97%0.90%0.92%0.95%1.02%0.90%1.16%1.12%1.16%0.94%1.24%0.94%0.78%0.99%0.83%0.75%0.71%1.21%0.98%0.98%

Armstrong World Industries's average Quarter SG&A projection for Dec 23 is $58.09M, based on 3 Wall Street analysts, with a range of $57.96M to $58.25M. The forecast indicates a -10.08% fall compared to AWI last annual SG&A of $64.60M (Sep 23).

Armstrong World Industries EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3335541137632222345668765555137
EPS---------$1.57$1.34$1.05$1.07$1.25$1.12$0.94$0.88$1.07$1.15$0.74$0.47$1.13$1.05$-4.71$0.99$1.50$1.11$0.80$0.53$0.56
Avg Forecast$1.56$2.01$1.76$1.52$1.39$1.76$1.56$1.23$1.04$1.31$1.33$1.09$1.12$1.47$1.37$1.13$1.05$1.28$1.05$0.91$0.70$0.94$0.90$1.11$0.86$1.30$1.19$0.94$0.83$0.57
High Forecast$1.61$2.07$1.81$1.62$1.40$1.77$1.57$1.23$1.07$1.37$1.37$1.12$1.15$1.47$1.37$1.13$1.05$1.30$1.07$0.91$0.70$0.94$0.90$1.11$0.86$1.30$1.19$0.94$1.00$0.68
Low Forecast$1.53$1.96$1.72$1.43$1.34$1.76$1.55$1.23$1.02$1.26$1.30$1.06$1.09$1.47$1.37$1.13$1.05$1.26$1.03$0.91$0.70$0.94$0.90$1.11$0.86$1.30$1.19$0.94$0.66$0.46
Surprise %---------1.19%1.01%0.96%0.96%0.85%0.82%0.83%0.84%0.83%1.09%0.81%0.67%1.21%1.16%-4.24%1.16%1.15%0.93%0.85%0.64%0.98%

According to 3 Wall Street analysts, Armstrong World Industries's projected average Quarter EPS for Dec 23 is $1.04, with a low estimate of $1.02 and a high estimate of $1.07. This represents a -33.98% decrease compared to AWI previous annual EPS of $1.57 (Sep 23).

Armstrong World Industries Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JELDJELD-WEN$8.36$11.0031.58%Hold
JBIJanus Group$7.57$9.2522.19%Buy
TREXTrex$71.11$79.6712.04%Buy
BECNBeacon Roofing Supply$101.30$107.506.12%Buy
AWIArmstrong World Industries$144.72$150.604.06%Buy
AZEKAZEK$49.26$47.00-4.59%Buy
TILEInterface$25.21$22.00-12.73%Buy
APOGApogee Enterprises$72.07$43.00-40.34%Hold

AWI Forecast FAQ


Is Armstrong World Industries a good buy?

Yes, according to 7 Wall Street analysts, Armstrong World Industries (AWI) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 57.14% of AWI's total ratings.

What is AWI's price target?

Armstrong World Industries (AWI) average price target is $150.6 with a range of $140 to $162, implying a 4.06% from its last price of $144.72. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Armstrong World Industries stock go up soon?

According to Wall Street analysts' prediction for AWI stock, the company can go up by 4.06% (from the last price of $144.72 to the average price target of $150.6), up by 11.94% based on the highest stock price target, and down by -3.26% based on the lowest stock price target.

Can Armstrong World Industries stock reach $200?

AWI's average twelve months analyst stock price target of $150.6 does not support the claim that Armstrong World Industries can reach $200 in the near future.

What are Armstrong World Industries's analysts' financial forecasts?

Armstrong World Industries's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.42B (high $1.42B, low $1.42B), average EBITDA is $362.86M (high $386.48M, low $339.28M), average net income is $266.64M (high $279.63M, low $252.33M), average SG&A $285.97M (high $301.8M, low $270.16M), and average EPS is $5.94 (high $5.96, low $5.88). AWI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.53B (high $1.57B, low $1.5B), average EBITDA is $344.76M (high $353.13M, low $338.46M), average net income is $300.64M (high $311.81M, low $291.43M), average SG&A $291.29M (high $298.36M, low $285.96M), and average EPS is $6.85 (high $7.1, low $6.64).

Did the AWI's actual financial results beat the analysts' financial forecasts?

Based on Armstrong World Industries's last annual report (Dec 2022), the company's revenue was $1.23B, which missed the average analysts forecast of $1.24B by -0.36%. Apple's EBITDA was $295.7M, missing the average prediction of $297.96M by -0.76%. The company's net income was $202.9M, missing the average estimation of $218.63M by -7.20%. Apple's SG&A was $237M, missing the average forecast of $250.78M by -5.49%. Lastly, the company's EPS was $4.23, missing the average prediction of $5.09 by -16.88%. In terms of the last quarterly report (Sep 2023), Armstrong World Industries's revenue was $347.3M, beating the average analysts' forecast of $330.42M by 5.11%. The company's EBITDA was $102.5M, beating the average prediction of $74.43M by 37.71%. Armstrong World Industries's net income was $69.5M, beating the average estimation of $57.69M by 20.46%. The company's SG&A was $64.6M, beating the average forecast of $62.89M by 2.73%. Lastly, the company's EPS was $1.57, beating the average prediction of $1.31 by 19.46%