AAON Inc (NASDAQ: AAON)’s stock price has gone rise by 4.61 in comparison to its previous close of 110.40, however, the company has experienced a -14.30% decrease in its stock price over the last five trading days. zacks.com reported 2024-12-16 that The Zacks Building Products – Air Conditioner & Heating industry stocks like FIX, AAON and AZEK are likely to benefit from pro-environmental moves and technological development.
Is It Worth Investing in AAON Inc (NASDAQ: AAON) Right Now?
AAON Inc (NASDAQ: AAON) has a higher price-to-earnings ratio of 50.55x compared to its average ratio. AAON has 36-month beta value of 0.86. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for AAON is 67.10M, and currently, short sellers hold a 2.25% ratio of that float. The average trading volume of AAON on January 30, 2025 was 523.99K shares.
AAON’s Market Performance
The stock of AAON Inc (AAON) has seen a -14.30% decrease in the past week, with a -4.88% drop in the past month, and a -4.81% fall in the past quarter. The volatility ratio for the week is 6.37%, and the volatility levels for the past 30 days are at 4.03% for AAON. The simple moving average for the past 20 days is -6.51% for AAON’s stock, with a 13.78% simple moving average for the past 200 days.
Analysts’ Opinion of AAON
Many brokerage firms have already submitted their reports for AAON stocks, with Robert W. Baird repeating the rating for AAON by listing it as a “Outperform.” The predicted price for AAON in the upcoming period, according to Robert W. Baird is $130 based on the research report published on October 28, 2024 of the previous year 2024.
Sidoti, on the other hand, stated in their research note that they expect to see AAON reach a price target of $111, previously predicting the price at $102. The rating they have provided for AAON stocks is “Neutral” according to the report published on October 22nd, 2024.
Robert W. Baird gave a rating of “Neutral” to AAON, setting the target price at $100 in the report published on July 24th of the previous year.
AAON Trading at -9.69% 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 -19.83% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 6.37%, as shares sank -3.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.64% lower at present.
During the last 5 trading sessions, AAON fell by -14.65%, which changed the moving average for the period of 200-days by +30.69% in comparison to the 20-day moving average, which settled at $123.51. In addition, AAON Inc saw -1.86% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAON starting from Wakefield Stephen E, who sale 5,362 shares at the price of $130.99 back on Dec 13 ’24. After this action, Wakefield Stephen E now owns 4,558 shares of AAON Inc, valued at $702,368 using the latest closing price.
Thompson Rebecca, the Chief Financial Officer of AAON Inc, sale 5,000 shares at $138.00 during a trade that took place back on Dec 05 ’24, which means that Thompson Rebecca is holding 17,297 shares at $690,000 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 0.16. The total capital return value is set at 0.27. Equity return is now at value 25.81, with 19.33 for asset returns.
Based on AAON Inc (AAON), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 3.39. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 94.37.
Currently, EBITDA for the company is 274.79 million with net debt to EBITDA at 0.24. When we switch over and look at the enterprise to sales, we see a ratio of 7.87. The receivables turnover for the company is 5.04for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.06.
Conclusion
To put it simply, AAON Inc (AAON) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
