Positive Press Coverage Somewhat Unlikely to Impact Armstrong Flooring (AFI) Stock Price

News headlines about Armstrong Flooring (NYSE:AFI) have been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Armstrong Flooring earned a coverage optimism score of 0.46 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.119831826608 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Armstrong Flooring (AFI) opened at $14.72 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 2.66. The firm has a market cap of $377.13, a PE ratio of -14.57 and a beta of 2.80. Armstrong Flooring has a 52 week low of $13.32 and a 52 week high of $22.96.

AFI has been the topic of a number of analyst reports. SunTrust Banks reissued a “hold” rating and issued a $15.00 target price on shares of Armstrong Flooring in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, TheStreet raised shares of Armstrong Flooring from a “d+” rating to a “c-” rating in a research note on Tuesday, November 28th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Armstrong Flooring currently has a consensus rating of “Hold” and an average price target 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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