News headlines about Armstrong Flooring (NYSE:AFI) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Armstrong Flooring earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 49.0882839740348 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Armstrong Flooring (AFI) traded down $0.13 during mid-day trading on Monday, hitting $17.25. 132,289 shares of the stock were exchanged, compared to its average volume of 199,362. The company has a market cap of $447.10, a P/E ratio of 72.42 and a beta of 4.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 2.66. Armstrong Flooring has a 12-month low of $13.32 and a 12-month high of $22.96.
Armstrong Flooring (NYSE:AFI) last issued its earnings results on Monday, November 6th. The construction company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.07). Armstrong Flooring had a positive return on equity of 1.06% and a negative net margin of 2.40%. The firm had revenue of $308.50 million during the quarter, compared to the consensus estimate of $294.68 million. During the same period in the prior year, the company posted $0.43 EPS. The company’s quarterly revenue was down 1.6% on a year-over-year basis. sell-side analysts expect that Armstrong Flooring will post 0.15 earnings per share for the current fiscal year.
AFI has been the topic of several research reports. TheStreet raised Armstrong Flooring from a “d+” rating to a “c-” rating in a research report on Tuesday, November 28th. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 price objective on shares of Armstrong Flooring in a research report on Monday, August 7th. Zacks Investment Research upgraded shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. SunTrust Banks reiterated a “hold” rating and set a $15.00 target price on shares of Armstrong Flooring in a report on Monday, October 2nd. Finally, Nomura restated a “neutral” rating on shares of Armstrong Flooring in a report on Tuesday, August 8th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Armstrong Flooring presently has an average rating of “Hold” and an average target price of $24.20.
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Armstrong Flooring Company Profile
Armstrong Flooring, Inc produces flooring products for use primarily in the construction and renovation of residential, commercial and institutional buildings. The Company designs, manufactures, sources and sells resilient and wood flooring products in North America and the Pacific Rim. It operates through two segments: Resilient Flooring and Wood Flooring.
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