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Armstrong Flooring trades as part of the building materials industry and is in the basic materials sector. The company CEO is Larry S. Mcwilliams. Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings.



Previous Intraday Performance:

The AFI shares had a previous change of 1.13% which opened at 11.51 and closed at 11.60. It moved to an intraday high of 11.61 and a low of 11.34.

Business Wire:  Armstrong Flooring Announces Commencement of Tender Offer to Repurchase up to $50 Million of its Common Stock

Historical Performance:

Over the last five trading days, AFI shares returned 2.11% and in the past 30 trading days it returned -20.11%. Over three months, it changed -21.41%. In one year it has changed -15.51% and within that year its 52 week high was 20.46 and its 52 week low was 10.40. AFI stock is 11.54% above its 52 week low.

Our calculations result in a 200 day moving average of 14.94 and a 50 day moving average of 13.43. Right now, AFI stock is trading -22.34% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

Business Wire:  Armstrong Flooring Announces Commencement of Tender Offer to Repurchase up to $50 Million of its Common Stock

Liquidity:

The company has a market cap of $300.9m with 25.9m shares outstanding and a float of 25.5m shares. Trading volume was 153,386 shares and has experienced an average volume of 183,545 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Armstrong Flooring was -6.28 which ended on 31st of December 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is -0.16. The trailing twelve month EPS reported is 0.34 (trailing twelve month diluted EPS is -6.5), which comes to a trailing twelve month PE of 34.12.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019 -0.63
4thQtr 2018 -6.57
3rdQtr 2018 0.30
2ndQtr 2018 0.40
1stQtr 2018 -0.40

The long-term trend of the EPS is a vital number as it helps understand the future potential of Armstrong Flooring; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 5.90% over the last twelve months.

Indicators Also to Watch:

Short-interest was 526,632, which was 2.03% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.05. This stock has some short interest, but it might be normal and no need to worry if long the position.



The beta was calculated to be 2.35.

SeekingAlpha:  ADDvantage Technologies reports Q2 results

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -38.82%, return on assets is -23.60%, profit margin is -20.10%, price-to-sales is 0.33 and price-to-book is 0.80.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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