Shares of Armstrong Flooring Inc (NYSE:AFI) have received an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.25.

Several research analysts have weighed in on AFI shares. Stifel Nicolaus restated a “hold” rating and set a $17.00 target price on shares of Armstrong Flooring in a research report on Thursday, August 9th. ValuEngine upgraded shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research upgraded shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. Finally, Macquarie set a $18.00 target price on shares of Armstrong Flooring and gave the stock a “hold” rating in a research report on Friday, September 14th.

Institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC purchased a new stake in shares of Armstrong Flooring in the second quarter valued at about $114,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Armstrong Flooring in the second quarter valued at about $141,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Armstrong Flooring in the second quarter valued at about $153,000. Hartford Investment Management Co. purchased a new stake in shares of Armstrong Flooring in the second quarter valued at about $153,000. Finally, Aperio Group LLC purchased a new stake in shares of Armstrong Flooring in the second quarter valued at about $156,000. Institutional investors own 96.56% of the company’s stock.

Shares of Armstrong Flooring stock traded down $0.04 on Tuesday, reaching $17.49. 184,600 shares of the stock were exchanged, compared to its average volume of 122,689. Armstrong Flooring has a 1-year low of $12.03 and a 1-year high of $20.46. The company has a quick ratio of 0.93, a current ratio of 2.43 and a debt-to-equity ratio of 0.13. The firm has a market cap of $466.48 million, a price-to-earnings ratio of 83.48, a price-to-earnings-growth ratio of 1.95 and a beta of 2.49.

Armstrong Flooring (NYSE:AFI) last issued its earnings results on Tuesday, August 7th. The construction company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.17. Armstrong Flooring had a negative net margin of 3.46% and a positive return on equity of 1.48%. The company had revenue of $306.00 million for the quarter, compared to analyst estimates of $293.00 million. Equities research analysts anticipate that Armstrong Flooring will post 0.43 EPS for the current year.

About Armstrong Flooring

Armstrong Flooring, Inc, together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It operates through two segments, Resilient Flooring and Wood Flooring. The Resilient Flooring segment offers a range of floor coverings primarily for homes and commercial buildings under the Armstrong brand; and luxury vinyl tile products, vinyl tile flooring, vinyl sheet products, and laminate products, as well as installs and maintains materials and accessories.

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