Gregory Spivy - Armstrong World Director

AWI Stock  USD 115.17  1.05  0.92%   

Director

Mr. Gregory P. Spivy is Independent Director of the Company. He is a Partner at ValueAct Capital, as a member of the board of directors of the Company, effective immediately since 2014.
Age 48
Tenure 10 years
Address 2500 Columbia Avenue, Lancaster, PA, United States, 17603
Phone717 397 0611
Webhttps://www.armstrongceilings.com
Spivy’s term will continue until the Company’s 2015 annual meeting of shareholders, at which time the Company has agreed to nominate Mr. Spivy for election to the Board. However, if at any time the ValueAct Group ceases to own at least 7.5% of the outstanding common stock of the Company, Mr. Spivy will be required to resign from the Board and the Company will no longer be required to nominate Mr. Spivy for election at the 2015 annual meeting of shareholders. Although the Company has agreed that Mr. Spivy will be considered for appointment to each of the standing committees of the Board, the Board has not yet appointed Mr. Spivy to any standing committee. Under the Nomination Agreement, the ValueAct Group is entitled to nominate a mutually acceptable replacement in the event that Mr. Spivy no longer serves as an Armstrong director during the term of the Nomination Agreement, so long as the ValueAct Group continues to own at least 7

Gregory Spivy Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gregory Spivy against Armstrong World stock is an integral part of due diligence when investing in Armstrong World. Gregory Spivy insider activity provides valuable insight into whether Armstrong World is net buyers or sellers over its current business cycle. Note, Armstrong World insiders must abide by specific rules, including filing SEC forms every time they buy or sell Armstrong World'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Armstrong World Management Efficiency

The company has Return on Asset of 0.095 % which means that on every $100 spent on assets, it made $0.095 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4036 %, implying that it generated $0.4036 on every 100 dollars invested. Armstrong World's management efficiency ratios could be used to measure how well Armstrong World manages its routine affairs as well as how well it operates its assets and liabilities. The Armstrong World's current Return On Tangible Assets is estimated to increase to 0.22. The Armstrong World's current Return On Capital Employed is estimated to increase to 0.17. As of now, Armstrong World's Deferred Long Term Asset Charges is decreasing as compared to previous years. The Armstrong World's current Return On Tangible Assets is estimated to increase to 0.22, while Other Assets are projected to decrease to under 121.9 M.
The company has 640.4 M in debt with debt to equity (D/E) ratio of 1.38, which is OK given its current industry classification. Armstrong World Indu has a current ratio of 1.63, which is typical for the industry and considered as normal. Debt can assist Armstrong World until it has trouble settling it off, either with new capital or with free cash flow. So, Armstrong World's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Armstrong World Indu sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Armstrong to invest in growth at high rates of return. When we think about Armstrong World's use of debt, we should always consider it together with cash and equity.

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Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania. Armstrong World operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 2960 people. Armstrong World Industries (AWI) is traded on New York Stock Exchange in USA. It is located in 2500 Columbia Avenue, Lancaster, PA, United States, 17603 and employs 3,100 people. Armstrong World is listed under Building Products category by Fama And French industry classification.

Management Performance

Armstrong World Indu Leadership Team

Elected by the shareholders, the Armstrong World's board of directors comprises two types of representatives: Armstrong World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Armstrong. The board's role is to monitor Armstrong World's management team and ensure that shareholders' interests are well served. Armstrong World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Armstrong World's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Johnson, Director Communications
Gregory Spivy, Director
Monica Maheshwari, Senior Resources
Roy Templin, Independent Director
James Burge, Principal Accounting Officer, Vice President Controller
Tao Huang, Independent Director
Larry McWilliams, Independent Director
Victor Grizzle, Executive VP and CEO of Armstrong Building Products
Theresa Womble, Vice Communications
David Schulz, CFO and Sr. VP
Kristy Olshan, Director of Investor & Public Relations
Douglas Douglas, SVP, CFO
Donald Maier, CEO of Armstrong Flooring Products
Stephen McNamara, Chief Accounting Officer, VP and Corporate Controller
Helen GA, Vice Sustainability
Brian MacNeal, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
Matthew Espe, CEO and President and Director
David Cookson, Senior Vice President Americas
Cherryl Thomas, Independent Director
James OConnor, Independent Chairman of the Board
Austin So, Senior Vice President General Counsel, Company Secretary
Mark Hershey, Senior Vice President, Chief Compliance Officer, General Counsel, Business Development
Jill Crager, Senior Vice President - Sales Operations
James Melville, Independent Director
Stanley Askren, Independent Director
Thomas Waters, Vice President Treasury, and Investor Relations
Barbara Loughran, Independent Director
Christopher Calzaretta, Senior CFO
Jeffrey Liaw, Independent Director
Charles Chiappone, Senior Vice President - Ceiling and Wall Solutions
Richard Wenz, Independent Director
James Gaffney, Independent Director
John Roberts, Independent Director
Ellen Romano, Senior Vice President - Human Resources
Charlie Chiappone, Senior Vice President - Ceilings Solutions
Dawn KirchnerKing, VP Officer
Michael Johnston, Independent Director
Wayne Shurts, Independent Director

Armstrong Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Armstrong World a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Armstrong World

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Armstrong World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Armstrong World will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Armstrong World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Armstrong World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Armstrong World Industries to buy it.
The correlation of Armstrong World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Armstrong World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong World Indu moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Armstrong World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
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Is Armstrong World's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Armstrong World. If investors know Armstrong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Armstrong World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.308
Dividend Share
1.094
Earnings Share
5.31
Revenue Per Share
29.6
Quarterly Revenue Growth
0.052
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.