Armstrong World Industries(US:AWI) ZACKSยท2025-07-02 17:05Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Armstrong World Industries (AWI) - AWI currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - AWI shares have increased by 7.19% over the past week, outperforming the Zacks Building Products - Miscellaneous industry, which rose by 3.58% [5] - Over the past quarter, AWI shares have surged by 31.32%, and over the last year, they have gained 47.55%, while the S&P 500 has only increased by 10.42% and 14.64%, respectively [6] - The average 20-day trading volume for AWI is 291,500 shares, indicating a bullish trend when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for AWI has increased, while none have decreased, raising the consensus estimate from $6.98 to $7.03 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong performance metrics and positive earnings outlook, AWI is recommended as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]