Media stories about Armstrong Flooring (NYSE:AFI) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Armstrong Flooring earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 46.2439469676875 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Shares of NYSE AFI traded down $0.20 during midday trading on Wednesday, reaching $14.58. 3,342 shares of the stock were exchanged, compared to its average volume of 134,710. The stock has a market cap of $375.79 million, a price-to-earnings ratio of 69.43, a P/E/G ratio of 2.75 and a beta of 2.37. Armstrong Flooring has a 12 month low of $12.03 and a 12 month high of $18.60. The company has a quick ratio of 1.01, a current ratio of 2.59 and a debt-to-equity ratio of 0.17.
Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings results on Tuesday, May 8th. The construction company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.08). The firm had revenue of $257.90 million for the quarter, compared to the consensus estimate of $263.24 million. Armstrong Flooring had a positive return on equity of 0.56% and a negative net margin of 3.94%. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.13) earnings per share. research analysts anticipate that Armstrong Flooring will post 0.24 EPS for the current fiscal year.
Several analysts have recently commented on AFI shares. Zacks Investment Research cut shares of Armstrong Flooring from a “hold” rating to a “sell” rating in a research note on Friday, March 9th. Stifel Nicolaus decreased their price target on shares of Armstrong Flooring from $15.00 to $13.00 and set a “hold” rating on the stock in a research note on Wednesday, May 9th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $16.25.
About Armstrong Flooring
Armstrong Flooring, Inc, together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It operates through two segments, Resilient Flooring and Wood Flooring. The Resilient Flooring segment offers a range of floor coverings primarily for homes and commercial buildings under the Armstrong brand; and luxury vinyl tile products, vinyl tile flooring, vinyl sheet products, and laminate products, as well as installs and maintains materials and accessories.
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