Latest news with #ArmstrongWorld
Yahoo
15 hours ago
- Business
- Yahoo
Building Materials Stocks Q2 Results: Benchmarking Tecnoglass (NYSE:TGLS)
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Tecnoglass (NYSE:TGLS) and the best and worst performers in the building materials industry. Traditionally, building materials companies have built competitive advantages with economies of scale, brand recognition, and strong relationships with builders and contractors. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of building materials companies. The 8 building materials stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 1% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.3% on average since the latest earnings results. Tecnoglass (NYSE:TGLS) The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE:TGLS) is a manufacturer of architectural glass, windows, and aluminum products. Tecnoglass reported revenues of $255.5 million, up 16.3% year on year. This print exceeded analysts' expectations by 4.3%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' adjusted operating income estimates. Unsurprisingly, the stock is down 7.4% since reporting and currently trades at $72.51. Is now the time to buy Tecnoglass? Access our full analysis of the earnings results here, it's free. Best Q2: Armstrong World (NYSE:AWI) Started as a two-man shop dating back to the 1860s, Armstrong (NYSE:AWI) provides ceiling and wall products to commercial and residential spaces. Armstrong World reported revenues of $424.6 million, up 16.3% year on year, outperforming analysts' expectations by 5.2%. The business had a stunning quarter with an impressive beat of analysts' organic revenue estimates and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 15.6% since reporting. It currently trades at $195.27. Is now the time to buy Armstrong World? Access our full analysis of the earnings results here, it's free. Weakest Q2: Carlisle (NYSE:CSL) Originally founded as Carlisle Tire and Rubber Company, Carlisle Companies (NYSE:CSL) is a multi-industry product manufacturer focusing on construction materials and weatherproofing technologies. Carlisle reported revenues of $1.45 billion, flat year on year, falling short of analysts' expectations by 3.2%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. As expected, the stock is down 5.4% since the results and currently trades at $387. Read our full analysis of Carlisle's results here. Sherwin-Williams (NYSE:SHW) Widely known for its success in the paint industry, Sherwin-Williams (NYSE:SHW) is a manufacturer of paints, coatings, and related products. Sherwin-Williams reported revenues of $6.31 billion, flat year on year. This print was in line with analysts' expectations. More broadly, it was a softer quarter as it logged full-year EPS guidance missing analysts' expectations significantly and a significant miss of analysts' adjusted operating income estimates. The stock is up 7.6% since reporting and currently trades at $367.93. Read our full, actionable report on Sherwin-Williams here, it's free. UFP Industries (NASDAQ:UFPI) Beginning as a lumber supplier in the 1950s, UFP Industries (NASDAQ:UFPI) is a holding company making building materials for the construction, retail, and industrial sectors. UFP Industries reported revenues of $1.84 billion, down 3.5% year on year. This result missed analysts' expectations by 1.9%. It was a disappointing quarter as it also recorded a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EPS estimates. UFP Industries had the slowest revenue growth among its peers. The stock is up 1.1% since reporting and currently trades at $105.51. Read our full, actionable report on UFP Industries here, it's free. Market Update The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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Yahoo
13-06-2025
- Business
- Yahoo
2 Reasons to Like AWI and 1 to Stay Skeptical
Armstrong World has been treading water for the past six months, holding steady at $154.10. Is now the time to buy AWI? Or does the price properly account for its business quality and fundamentals? Find out in our full research report, it's free. Started as a two-man shop dating back to the 1860s, Armstrong (NYSE:AWI) provides ceiling and wall products to commercial and residential spaces. A company's long-term sales performance can indicate its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Luckily, Armstrong World's sales grew at a decent 7.5% compounded annual growth rate over the last five years. Its growth was slightly above the average industrials company and shows its offerings resonate with customers. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. Armstrong World has shown terrific cash profitability, putting it in an advantageous position to invest in new products, return capital to investors, and consolidate the market during industry downturns. The company's free cash flow margin was among the best in the industrials sector, averaging 19.6% over the last five years. We can better understand Building Materials companies by analyzing their organic revenue. This metric gives visibility into Armstrong World's core business because it excludes one-time events such as mergers, acquisitions, and divestitures along with foreign currency fluctuations - non-fundamental factors that can manipulate the income statement. Over the last two years, Armstrong World's organic revenue averaged 4.1% year-on-year growth. This performance was underwhelming and suggests it may need to improve its products, pricing, or go-to-market strategy, which can add an extra layer of complexity to its operations. Armstrong World's merits more than compensate for its flaws, but at $154.10 per share (or 21.5× forward P/E), is now the right time to buy the stock? See for yourself in our comprehensive research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
Armstrong World (AWI) Q1 Earnings: What To Expect
Ceiling and wall solutions company Armstrong World Industries (NYSE:AWI) will be announcing earnings results tomorrow before the bell. Here's what investors should know. Armstrong World beat analysts' revenue expectations by 4.4% last quarter, reporting revenues of $367.7 million, up 17.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' organic revenue estimates and full-year revenue guidance exceeding analysts' expectations. Is Armstrong World a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Armstrong World's revenue to grow 13.4% year on year to $370 million, improving from the 5.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.53 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Armstrong World has missed Wall Street's revenue estimates twice over the last two years. Looking at Armstrong World's peers in the building products segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Carlisle posted flat year-on-year revenue, beating analysts' expectations by 0.6%, and Valmont reported flat revenue, falling short of estimates by 0.6%. Carlisle traded up 6.1% following the results while Valmont was also up 6.5%. Read our full analysis of Carlisle's results here and Valmont's results here. Investors in the building products segment have had fairly steady hands going into earnings, with share prices down 1.4% on average over the last month. Armstrong World is down 5% during the same time and is heading into earnings with an average analyst price target of $159.75 (compared to the current share price of $133.87). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
