Company Overview - Armstrong World Industries (AWI) is a leading global producer of ceiling systems, primarily serving the construction and renovation sectors for commercial, institutional, and residential buildings [11] - The company designs, manufactures, and sells various ceiling systems, including mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced gypsum, and felt [11] Investment Ratings - AWI currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position but not a strong buy recommendation [11] - The company is considered a potential top pick for growth investors due to its favorable Growth Style Score of B [12] Financial Performance - AWI is forecasted to achieve year-over-year earnings growth of 11.4% for the current fiscal year [12] - In the last 60 days, two analysts have revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.04 to $7.03 per share [12] - The company has an average earnings surprise of 6.5%, suggesting it has a history of exceeding earnings expectations [12]
Armstrong World Industries (AWI) is a Top-Ranked Growth Stock: Should You Buy?