The A. O. Smith Corporation (NYSE:AOS) is going down by -1.62% in today’s trading session, a fall equivalent to -0.8% of the stock’s price from yesterday’s market close. A news came out on 11/12/19 stating that Drowning in Choices, but Not All Water Stocks Are Created Equal by BARRONS. The lowest point that the shares touched during the trading session was $49.045, while the peak of the day was recorded at a share price of $50.84. AOS finished the previous session at $49.25 according to the data provided by Barchart, while the trading volume was observed to be $580011.
In the 100 days of trading, AOS managed to top a 47.39% Moving average. Additionally, A. O. Smith Corporation shares have achieved a 52-week range between 40.38 and 56.66 alongside 100 days raw stochastic set at 64.57%.
The number of shares outstanding, according to the fundamentals of the company, is set at 165.49M, equal to the value of $8.15B in market capitalization. In the last 30 days, A. O. Smith Corporation shares went down by -7.81%, adding 52.61 to growth in value, on top of a +0.98% boost since 10/18/19.
A. O. Smith Corporation (NYSE:AOS) Analyst’s Estimates
A. O. Smith Corporation (AOS) could record at least $0.60 per share in quarterly earnings in the upcoming report on 01/29/2020, a number that would actually represent an increase of 2.53 YOY.
According to the average analyst rating, A. O. Smith Corporation would be rated as Overweight. Out of 11 different analysts monitoring AOS stock, 5 analysts rate the stock as a BUY, 5 suggest to give the rating of HOLD, 1 indicate that AOS is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On November 07, 2019, the stock earned a Initiated rating due to a new analyst call from Rosenblatt, while analysts from Boenning & Scattergood believe that the stock is set at Neutral from Outperform, as concluded on May 01, 2019. KeyBanc Capital Mkts, is still rather wary about the stock, deciding to keep the rating at Overweight as confirmed through a call on November 27, 2018.
Regardless of the rating, Stephens did increase their price to $50 as they are considering target share price analysis. Goldman, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 02, 2018, giving the stock a Sell rating.
AOS Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +40.93% has been attained, while the operating margin has been recorded at +17.29%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 14.17%. Beta value of the stock is recorded at 1.50. Additionally, A. O. Smith Corporation is recording price volatility of 2.01% for the period of the last seven days and 2.08% in the last 30 days.
A. O. Smith Corporation (NYSE:AOS) Technical Outlook
For the period of the last 50 days, A. O. Smith Corporation had its Raw Stochastic average set at 51.65% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 10.26%. Stochastic %K for A. O. Smith Corporation, with the last 20 days included, was set at 28.20%, having Stochastic %D topping 49.08%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for A. O. Smith Corporation stocks with recording 15.34% in metrics.
A. O. Smith Corporation Insider Watch:
Similarly, 99.53% of the company’s float is held by institutions – and there are 728 institutions in total holding shares of this company. The top three institutional holders of AOS stocks are: Vanguard Group, Inc. (The) with ownership of $760.74 million, which is approximately 15945091 of the company’s shares; Blackrock Inc., holding 11541110 shares of the stock with an approximate value of $550.63 million; and State Street Corporation, currently with more than 9684955 shares of the company valued at $462.07 million. Positions in A. O. Smith Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 7 insider purchases amounting to 63930 shares. Similarly, there were 3 sale transactions amounting to 22639 shares, with the net shares purchased during the last six months reaching 41,290.