The stock of AAON Inc. (AAON) has gone down by -18.81% for the week, with a -15.26% drop in the past month and a 6.08% rise in the past quarter. The volatility ratio for the week is 6.71%, and the volatility levels for the past 30 days are 4.28% for AAON.. The simple moving average for the past 20 days is -14.18% for AAON’s stock, with a 8.08% simple moving average for the past 200 days.
Is It Worth Investing in AAON Inc. (NASDAQ: AAON) Right Now?
AAON Inc. (NASDAQ: AAON) has a price-to-earnings ratio that is above its average at 35.41x. The stock has a 36-month beta value of 0.84. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for AAON is 67.67M, and at present, short sellers hold a 4.11% of that float. On May 07, 2024, the average trading volume of AAON was 497.35K shares.
AAON) stock’s latest price update
The stock price of AAON Inc. (NASDAQ: AAON) has dropped by -2.81 compared to previous close of 78.40. Despite this, the company has seen a fall of -18.81% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-02 that AAON, Inc. (NASDAQ:AAON ) Q1 2024 Earnings Conference Call May 2, 2024 5:15 AM ET Company Participants Joseph Mondillo – Director of IR Gary Fields – President and CEO Rebecca Thompson – CFO and Treasurer Matt Tobolski – President and COO Conference Call Participants Chris Moore – CJS Securities Ryan Merkel – William Blair & Company Julio Romero – Sidoti & Company Brent Thielman – D.A. Davidson Operator Good evening, ladies and gentlemen, and welcome to the AAON, Inc. Q1 2024 Earnings Conference Call.
Analysts’ Opinion of AAON
CJS Securities gave a rating of “Market Outperform” to AAON, setting the target price at $73 in the report published on September 15th of the previous year.
AAON Trading at -11.53% from the 50-Day Moving Average
After a stumble in the market that brought AAON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.91% of loss for the given period.
Volatility was left at 4.28%, however, over the last 30 days, the volatility rate increased by 6.71%, as shares sank -17.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.34% lower at present.
During the last 5 trading sessions, AAON fell by -18.81%, which changed the moving average for the period of 200-days by +11.65% in comparison to the 20-day moving average, which settled at $87.95. In addition, AAON Inc. saw 3.15% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAON starting from ASBJORNSON NORMAN H, who sale 26,149 shares at the price of $83.15 back on Mar 15 ’24. After this action, ASBJORNSON NORMAN H now owns 13,318,829 shares of AAON Inc., valued at $2,174,289 using the latest closing price.
ASBJORNSON NORMAN H, the Director of AAON Inc., sale 30,397 shares at $81.30 during a trade that took place back on Mar 14 ’24, which means that ASBJORNSON NORMAN H is holding 13,344,978 shares at $2,471,276 based on the most recent closing price.
Stock Fundamentals for AAON
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.35 for the gross margin
The net margin for AAON Inc. stands at 0.15. The total capital return value is set at 0.28. Equity return is now at value 25.80, with 19.75 for asset returns.
Based on AAON Inc. (AAON), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 13.47. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 249.72.
Currently, EBITDA for the company is 274.27 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 5.38. The receivables turnover for the company is 7.27for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.13.
Conclusion
To sum up, AAON Inc. (AAON) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
