A. O. Smith Corporation (NYSE:AOS) went up by 0.48% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Specialty Industrial Machinery giant went up by $47.88 to trade ended Tuesday trading at $47.65. This is up from the $47.65 price recorded on Monday’s trading session. Thanks to this latest performance, AOS is closer to the higher price 52-week target of $54.00 and further from the lowest price target of $32.00. Its performance from the start of the year has also been positive, with AOS up by 0.50% year-to-date.
A. O. Smith Corporation (AOS) started the day trading at $48.82 and recorded an intraday high of $49.48. It also recorded an intraday low of $47.34 during Tuesday’s trading session. A. O. Smith Corporation is a very active stock that recorded a trading volume that is less than -66.84% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 1078892, which is less than -66.84 of the total average daily trading volume of 1.80 million.
A. O. Smith Corporation (NYSE:AOS) 2020 Performance Impressive
The increase in AOS’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AOS currently stands at $52.70, which is higher than the current trading price of the stock by 9.15%. However, AOS’s current trading price is -41.61% lower than the 52-week low price of $33.81. In terms of trading volume, A. O. Smith Corporation currently experienced healthy participation during the last trading session. 1078892 shares of A. O. Smith Corporation were traded on the stock exchange on Tuesday, which is less than -66.84% of the 1.80 million average trading volume of the stock.
The performance of the stock has been positive over the past year. AOS’s performance over the past one year has seen it surge by 5.44%, while the stock has gone up by 2.92% in the last six months. The quarterly performance of AOS currently stands at 22.36%, and it is up by 18.49% in the last month. The only negative figure was from the weekly performance, which currently reads -2.82%. At the time of writing AOS’s report, the company has a total market cap of $7.69B, making it one of the largest publicly-traded companies in the world.A. O. Smith Corporation also has over 15100 employees all over the world.
AOS Insider Activities
The insider transactions over the past six months are up by 6.30%.For A. O. Smith Corporation insiders bought 216,940 shares in 22 transactions. In that same period, insiders sold 179,226 of their shares in 18 transactions. After these transactions, insiders at A. O. Smith Corporation now hold 1.56M shares, which is over 104.52% of the total company stocks. Institutional investors currently hold a large chunk of the AOS shares, as they control 0.97% of the company’s total stock.
AOS Fundamental Analysis
For A. O. Smith Corporation, the stock’s diluted earnings per share (EPS) stands at 2.01. In the coming year, analysts expect the EPS to be 2.24. The stock’s EPS growth this year is -14.00%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, A. O. Smith Corporation’s quarterly sales (YOY) is growing at 0.41, which is lower than the average annual revenue of 14.20% over the past half a decade.
The Return on Investment (ROI) on A. O. Smith Corporation’s stock currently stands at 19.00%, and it has a net profit margin of 11.50%. The operating margin of the company is 14.90%, and its gross margin is 39.10%.
AOS Analysts Prediction
Robert W. Baird reiterate their Neutral position on the stock ($53 and $45)
Northcoast and Sun Trust Rbsn Humphrey also believe that A. O. Smith Corporation’s stock is outperforming at the moment.
At the moment, A. O. Smith Corporation’s Total Debt to Equity ratio stands at 0.21, and they have a long-term Debt to Equity ratio of 0.21.
AOS Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AOS currently stands at 2.25%, while the SMA50 is 10.50%. The biggest one is the SMA200, which is currently reading 5.89% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 56.09, while its price to earnings ratio (P/E) is 23.84.