Armstrong Flooring Inc day trading at USD 2.28 per share, then rallying to 2.35 and closing at USD 2.27 per share. A net loss of -0.43% for the day. Long term pricing analysis shows the stock trading at 80.67% lower than it’s 52week high and -97.32% higher than the 52week low. The share volume traded for the day was 167K which was 0 times the 50 Day Average Volume.
Armstrong Flooring Inc had a market cap of 48,931K as of 13th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ -2.62.
Armstrong Flooring Inc is a Pennsylvania corporation incorporated in 2016. It is North America’s largest producer of wood flooring products. It was spun off as an independent entity from Armstrong World Industries in April 2016.
Armstrong Flooring Inc Reports the Fourth Quarter Of Fiscal 2019.
- In the fourth quarter of 2019, net sales decreased 8.1% to $141.3 million from $153.8 million in the fourth quarter of 2018, including an adverse currency impact of 50 basis points.
- The net loss in the fourth quarter of 2019 was $25.1 million, or diluted loss per share of $1.14, as compared to a net loss of $171.0 million, or diluted loss per share of $6.57, in the prior-year quarter, which included a loss on disposal of discontinued operations of $153.8 million.
- The fourth quarter of 2019 included pre-tax charges of $0.5 million primarily related to executive transition and cost reduction expenses. Adjusted net loss was $23.1 million, or adjusted diluted loss per share of $1.05, as compared to an adjusted net loss of $9.0 million, or adjusted diluted loss per share of $0.35, in the prior-year quarter.
- The fourth-quarter 2019 adjusted EBITDA was ($4.3) million, as compared to $1.8 million in the prior-year quarter.
Armstrong Flooring Inc (13th May 2020): The Institutional Ownership as of today stood at 91.39% and the Total Value of Holdings (millions) is $ 46.
New Institutional Holders and other activity – As of today, the total number of shares held is 19,700,713 by 113 institutional holders.
10-May-2020:- Permanent Link to Armstrong Flooring (NYSE: AFI) Price Target Raised to $1.80 at Stifel Nicolaus
Armstrong Flooring (NYSE: AFI) had its price objective hoisted by research analysts at Stifel Nicolaus from $1.50 to $1.80 in a report issued on Friday, BenzingaRatingsTable reports. The brokerage currently has a “hold” rating on the construction company’s stock. Stifel Nicolaus’ target price suggests a potential downside of 29.13% of the company’s current price.
15-April-2020:- Armstrong Flooring Inc (NYSE: AFI) Shares Sold by Franklin Resources Inc.
Franklin Resources Inc. decreased its position in Armstrong Flooring Inc (NYSE: AFI) by 41.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 11,308 shares of the construction company’s stock after selling 7,939 shares during the period.