Understanding the Latest Financial Performance of Armstrong Flooring Inc. (AFI)

Publicly-traded company Armstrong Flooring Inc. (NYSE:AFI) had a closing price of $3.70 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $8.50, this means that the stock is underpriced by 56.47%. In the past 52 weeks the company’s stock price has moved within the range of $5.82 to $17.54.

This particular stock’s 5-day moving average is 5.77, its 20-day moving average is 6.18 and its 100-day moving average is 7.63. Armstrong Flooring Inc. (AFI) currently has 20.79M shares outstanding, which means that its market capitalization is $76.92M.

What Does Wall Street Say about Company?

When selecting stocks to purchase, many investors want to know what Wall Street analysts are thinking before they pull the trigger. They often look for the average analyst rating. At the moment, the average analyst rating for AFI is Hold. Out of 3 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 3 rated it hold, and 0 rated it a Buy.

Three months ago, on the other hand, the average analyst rating for Armstrong Flooring Inc. (AFI) was a Hold – from a survey of 4 analysts. Of the analysts who provided ratings, 3 rated the company a Hold, 0 rated it a Sell, 0 rated it an overweight, 0 rated it an underweight, and 1 rated it a Buy.

Understanding Profitability at Armstrong Flooring Inc. (AFI)

A good method of evaluating a public company’s profitability is by taking a look at its Earnings per Share (EPS) performance. In the most recent financial results released by Armstrong Flooring Inc., for the quarter ending on 09/2019, the company posted EPS of 0.20. The average estimate of Wall Street analysts had projected 0.20.

Wall Street analysts, on average, are forecasting the company’s EPS to be 0.27, compared to -0.35 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 2 analysts is 157.65M – compared to 153.8M posted in the year-ago period.