AAON Inc. (AAON) Stock: What the Analysts are Saying

AAON Inc. (NASDAQ: AAON) has a price-to-earnings ratio that is above its average at 38.67x. The stock has a 36-month beta value of 0.79. 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 67.85M, and at present, short sellers hold a 4.56% of that float. On June 20, 2024, the average trading volume of AAON was 833.52K shares.

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AAON) stock’s latest price update

AAON Inc. (NASDAQ: AAON)’s stock price has soared by 3.21 in relation to previous closing price of 80.62. Nevertheless, the company has seen a gain of 12.24% in its stock price over the last five trading days. investorplace.com reported 2024-06-19 that Air conditioner stocks have been some of the hottest investments over the past few years, and I think they’ll only get better from here. Now, many air conditioner stocks have seen a slight dip from their peaks recently.

AAON’s Market Performance

AAON Inc. (AAON) has seen a 12.24% rise in stock performance for the week, with a 10.97% gain in the past month and a -2.49% plunge in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are at 2.92% for AAON. The simple moving average for the past 20 days is 10.61% for AAON’s stock, with a 15.25% simple moving average for the past 200 days.

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 3.35% 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 -13.63% of loss for the given period.

Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares surge +9.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.33% lower at present.

During the last 5 trading sessions, AAON rose by +13.19%, which changed the moving average for the period of 200-days by +27.79% in comparison to the 20-day moving average, which settled at $75.58. In addition, AAON Inc. saw 12.64% 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 Fields Gary D, who sale 28,200 shares at the price of $76.13 back on May 22 ’24. After this action, Fields Gary D now owns 64,295 shares of AAON Inc., valued at $2,146,866 using the latest closing price.

Thompson Rebecca, the Chief Financial Officer of AAON Inc., sale 13,500 shares at $77.00 during a trade that took place back on May 15 ’24, which means that Thompson Rebecca is holding 17,297 shares at $1,039,500 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 164.46.

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 5.89. 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 better 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.

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