AAON Inc. (NASDAQ: AAON) is 17.25% higher on its value in year-to-date trading and has touched a low of $47.50 and a high of $94.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AAON stock was last observed hovering at around $90.62 in the last trading session, with the day’s loss setting it -2.31% off its average median price target of $100.00 for the next 12 months. It is also 13.42% off the consensus price target high of $102.00 offered by 4 analysts, but current levels are -10.39% lower than the price target low of $80.00 for the same period.
Currently trading at $88.31, the stock is 2.67% and 10.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.56 million and changing -2.55% at the moment leaves the stock 32.78% off its SMA200. AAON registered 67.16% gain for a year compared to 6-month gain of 54.25%.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
The stock witnessed a 13.51% loss in the last 1 month and extending the period to 3 months gives it a 11.00%, and is -4.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.12% over the month.
AAON Inc. (AAON) has around 3666 employees, a market worth around $4.81B and $888.80M in sales. Current P/E ratio is 47.66 and Fwd P/E is 28.10. Profit margin for the company is 11.30%. Distance from 52-week low is 85.92% and -6.50% from its 52-week high. The company has generated returns on investments over the last 12 months (16.10%).
AAON Inc. (AAON) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AAON Inc. (AAON) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.20, where 2 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
AAON Inc. is expected to release its quarterly report on 05/04/2023.The EPS is expected to grow by 69.70% this year
AAON Inc. (AAON) Top Institutional Holders
The shares outstanding are 53.13M, and float is at 42.27M with Short Float at 1.47%.
AAON Inc. (AAON) Insider Activity
A total of 56 insider transactions have happened at AAON Inc. (AAON) in the last six months, with sales accounting for 31 and purchases happening 25 times. The most recent transaction is an insider purchase by Wakefield Stephen E, the company’s Chief Operating Officer. SEC filings show that Wakefield Stephen E bought 516 shares of the company’s common stock on Mar 13 at a price of $89.30 per share for a total of $46079.0. Following the purchase, the insider now owns 9121.0 shares.
AAON Inc. disclosed in a document filed with the SEC on Mar 09 that Kidwell Casey (VP, Administration) sold a total of 1,607 shares of the company’s common stock. The trade occurred on Mar 09 and was made at $92.63 per share for $0.15 million. Following the transaction, the insider now directly holds 2616.0 shares of the AAON stock.
Still, SEC filings show that on Mar 03, Wichman Gordon Douglas (Vice President) disposed off 5,620 shares at an average price of $92.87 for $0.52 million. The insider now directly holds 3,992 shares of AAON Inc. (AAON).
AAON Inc. (AAON): Who are the competitors?
The company’s main competitors (and peers) include Lennox International Inc. (LII) that is trading -8.07% down over the past 12 months and Standex International Corporation (SXI) that is 7.48% higher over the same period. A. O. Smith Corporation (AOS) is 1.20% up on the 1-year trading charts.