News stories about Armstrong Flooring (NYSE:AFI) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. 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 media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.002214775573 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Armstrong Flooring (AFI) traded down $0.60 during mid-day trading on Friday, reaching $14.88. The company had a trading volume of 50,719 shares, compared to its average volume of 101,278. The company has a current ratio of 2.66, a quick ratio of 0.98 and a debt-to-equity ratio of 0.17. The firm has a market cap of $382.79 and a price-to-earnings ratio of -17.30. Armstrong Flooring has a twelve month low of $13.32 and a twelve month high of $22.96.
Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings results on Monday, November 6th. The construction company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.07). The company had revenue of $308.50 million during the quarter, compared to analyst estimates of $294.68 million. Armstrong Flooring had a negative net margin of 2.40% and a positive return on equity of 1.06%. Armstrong Flooring’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 EPS. research analysts anticipate that Armstrong Flooring will post 0.15 EPS for the current year.
AFI has been the topic of a number of research reports. Zacks Investment Research upgraded Armstrong Flooring from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research report on Tuesday, January 9th. TheStreet raised Armstrong Flooring from a “d+” rating to a “c-” rating in a research note on Tuesday, November 28th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $15.00 price target on shares of Armstrong Flooring in a research note on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $23.33.
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About Armstrong Flooring
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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