Armstrong Worldwide: Activism And Lower Gas Prices Could Boost Shares
Alpha Gen Capital • Yesterday, 12:30 PM
- The recent presence of activism into the shares are likely to drive management to divesting the underperforming flooring business.
- Lower energy prices along with significant re-evaluation and changes to their global manufacturing portfolio are likely to boost margins significantly over the next year.
- Sum-of-the-parts valuation without a breakup is still very compelling and downside with the activists is likely limited.