Marsh & McLennan Companies, Inc. (MMC) At $84.33 Forms Top; Armstrong World Industries (AWI) Sentiment Is 1.31

March 19, 2018 - By Annabelle Johnson

Armstrong World Industries, Inc. designs, makes, and sells ceiling systems for use primarily in the construction and renovation of residential, commercial, and institutional buildings worldwide. The company has market cap of $3.05 billion. The firm produces suspended fiber and metal ceiling systems, and complementary ceiling products, as well as acoustical ceiling, wall, and structural solutions; and sells suspension system products. It has a 20.06 P/E ratio. It sells its commercial ceiling materials and accessories to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, including large home centers.

Marsh & McLennan Companies, Inc. (MMC) formed multiple top with $89.39 target or 6.00% above today’s $84.33 share price. Marsh & McLennan Companies, Inc. (MMC) has $42.81 billion valuation. The stock increased 0.56% or $0.47 during the last trading session, reaching $84.33. About 2.37M shares traded or 8.61% up from the average. Marsh & McLennan Companies, Inc. (NYSE:MMC) has risen 16.25% since March 19, 2017 and is uptrending. It has underperformed by 0.45% the S&P500.

Analysts await Marsh & McLennan Companies, Inc. (NYSE:MMC) to report earnings on April, 26. They expect $1.19 EPS, up 10.19% or $0.11 from last year’s $1.08 per share. MMC’s profit will be $604.07 million for 17.72 P/E if the $1.19 EPS becomes a reality. After $1.05 actual EPS reported by Marsh & McLennan Companies, Inc. for the previous quarter, Wall Street now forecasts 13.33% EPS growth.

Among 15 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Marsh & McLennan had 38 analyst reports since September 8, 2015 according to SRatingsIntel. As per Friday, April 28, the company rating was maintained by Wells Fargo. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Wednesday, January 13. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) has “Hold” rating given on Wednesday, October 4 by Deutsche Bank. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, June 2. The firm earned “Hold” rating on Friday, October 13 by Jefferies. The rating was maintained by Jefferies with “Hold” on Tuesday, September 5. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Buy” rating by RBC Capital Markets on Thursday, July 27. The stock has “Buy” rating by Citigroup on Friday, February 9. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Buy” rating by RBC Capital Markets on Friday, February 2. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Overweight” rating by Barclays Capital on Monday, October 16.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It improved, as 56 investors sold Marsh & McLennan Companies, Inc. shares while 215 reduced holdings. 61 funds opened positions while 196 raised stakes. 425.59 million shares or 1.13% more from 420.82 million shares in 2017Q2 were reported. Fayez Sarofim & reported 13,000 shares stake. Logan Mgmt Incorporated holds 0.41% or 68,462 shares. Jackson Wealth Ltd Liability has invested 0.35% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Dynamic Cap Mgmt Limited has 2.58% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC). Silvercrest Asset Mgmt Gp Limited Liability stated it has 1.06% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Bb&T Ltd Limited Liability Company reported 150,333 shares. Capital Guardian Trust Com reported 703,717 shares or 1.03% of all its holdings. 406,377 are owned by Hardman Johnston Glob Ltd Co. Cubist Systematic Strategies stated it has 0.02% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Alexandria Capital Limited Liability, Virginia-based fund reported 532 shares. Birch Hill Investment Advsrs Limited Liability Corp has invested 4.44% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Franklin Resource Incorporated accumulated 52,412 shares. Bb&T reported 240,501 shares. Lord Abbett Ltd Com has invested 0.31% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Principal Group Inc invested in 748,990 shares.

Since December 18, 2017, it had 0 insider purchases, and 9 selling transactions for $65.25 million activity. Beshar Peter J had sold 10,567 shares worth $863,821. 20,000 shares were sold by McDonald Scott, worth $1.64M. The insider Portalatin Julio A sold 10,911 shares worth $893,273. The insider Glaser Daniel S sold $3.40M. 22,528 shares were sold by MCGIVNEY MARK C, worth $1.88 million on Monday, February 26. The insider Mills Stacy sold 1,145 shares worth $94,972. Shares for $4.29M were sold by Gilbert E Scott.

Analysts await Armstrong World Industries, Inc. (NYSE:AWI) to report earnings on May, 7. They expect $0.83 EPS, up 50.91% or $0.28 from last year’s $0.55 per share. AWI’s profit will be $44.08M for 17.27 P/E if the $0.83 EPS becomes a reality. After $0.50 actual EPS reported by Armstrong World Industries, Inc. for the previous quarter, Wall Street now forecasts 66.00% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $140.06 million activity.

Ratings analysis reveals 0 of Armstrong World Industries’s analysts are positive. Out of 2 Wall Street analysts rating Armstrong World Industries, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. AWI was included in 2 notes of analysts from November 1, 2016. RBC Capital Markets maintained Armstrong World Industries, Inc. (NYSE:AWI) on Tuesday, November 1 with “Sector Perform” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Thursday, January 5.

The stock decreased 0.69% or $0.4 during the last trading session, reaching $57.35. About 565,891 shares traded or 27.52% up from the average. Armstrong World Industries, Inc. (AWI) has risen 6.90% since March 19, 2017 and is uptrending. It has underperformed by 9.80% the S&P500.

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