Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole was unchanged today. By the end of trading, Armstrong World Industries fell $0.68 (-1.3%) to $52.06 on heavy volume. Throughout the day, 2,073,437 shares of Armstrong World Industries exchanged hands as compared to its average daily volume of 1,001,200 shares. The stock ranged in price between $51.31-$52.78 after having opened the day at $52.17 as compared to the previous trading day's close of $52.74. Other companies within the Materials & Construction industry that declined today were:
), down 6.2%,
), down 4.6%,
), down 4.2% and
), down 4.0%.
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Armstrong World Industries, Inc. designs, manufactures, and sells flooring products and ceiling systems worldwide. Armstrong World Industries has a market cap of $3.0 billion and is part of the industrial goods sector. Shares are down 8.4% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Armstrong World Industries a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Armstrong World Industries
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Armstrong World Industries Ratings Report.
On the positive front,
), up 20.8%,
), up 7.6%,
), up 7.2% and
), up 3.3% , were all gainers within the materials & construction industry with
) being today's featured materials & construction industry leader.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
) while those bearish on the materials & construction industry could consider
- Find other investment ideas from our top rated ETFs lists.