AWI Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Insights:
Goldman Sachs Upgrade: Goldman Sachs has raised its price target for Armstrong World Industries (AWI) from $163 to $180, maintaining a Buy rating. This upgrade follows strong Q4 earnings, with improvements in Architectural Specialty EBITDA margins and effective cost management.
Average Analyst Target: AWI has surpassed the average analyst 12-month target price of $153.43, trading at $153.66. Analysts have a wide range of targets, from $140 to $175, reflecting differing opinions on the stock's valuation.
Ex-Dividend Date: AWI will trade ex-dividend on March 6, 2025, with a dividend of $0.308. This may cause a slight dip in the stock price, estimated to open 0.20% lower on that day.
Technical Analysis:
RSI Levels: AWI's RSI values are 44.91 (6-period), 47.58 (12-period), and 48.09 (14-period), indicating the stock is in a bearish range but not oversold.
MACD: The MACD is slightly positive at 0.16, with a signal line of -0.31, suggesting a weak bullish signal.
Bollinger Bands: The stock is currently near the lower end of its Bollinger Bands, indicating potential undervaluation.
Fibonacci Levels:
- Pivot Point: $150.70
- Resistance Levels: $155.26, $158.07
- Support Levels: $146.14, $143.33
Price Forecast:
Based on the analysis, AWI is expected to trade in a range of $146 to $158 next week. The stock may face resistance at $155.26 and support at $146.14.
Recommendation:
Buy at $155.26 with a target price of $158.07. Set a stop-loss at $146.14.
AWI Similar Chart Price Prediction
The price of AWI is predicted to go up 13.76%, based on the high correlation periods with BGR. The similarity of these two price pattern on the periods is 94.51%.
AWI
BGR
Up: 13.76%Similarity: 94.51%
AWI Revenue Forecast
AWI EPS Forecast
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AWI Analyst's Forecast
Garik Shmois
Loop Capital
Hold
2024-10-30
Price Target
$135 → $145
Upside
+3.3%
Loop Capital raised the firm's price target on Armstrong World to $145 from $135 and keeps a Hold rating on the shares. The company reported another solid quarter underpinned by Architectural Specialties sales growth and Mineral Fiber margin expansion as it continued its strong recent track record, which has seen the stock become one of the best performers within the firm's coverage this year, the analyst tells investors in a research note. Visibility towards compounding earnings growth is improving and the margin improvement experienced over the last 2 years "look sustainable", the firm added.
Philip Ng
Jefferies
Hold
2024-10-09
Price Target
$121 → $122
Downside
-8.48%
