A.O. Smith Corp (NYSE: AOS) is -16.98% lower on its value in year-to-date trading and has touched a low of $68.89 and a high of $92.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AOS stock was last observed hovering at around $68.91 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $68.44, the stock is -6.02% and -8.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -0.68% at the moment leaves the stock -16.50% off its SMA200. AOS registered -15.40% loss for a year compared to 6-month loss of -18.66%. The firm has a 50-day simple moving average (SMA 50) of $75.0602 and a 200-day simple moving average (SMA200) of $81.96225.
The stock witnessed a -4.16% gain in the last 1 month and extending the period to 3 months gives it a -17.43%, and is -5.77% 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 2.33% over the week and 1.85% over the month.
A.O. Smith Corp (AOS) has around 12000 employees, a market worth around $9.98B and $3.89B in sales. Current P/E ratio is 18.05 and Fwd P/E is 16.87. Profit margin for the company is 14.41%. Distance from 52-week low is -0.65% and -25.97% from its 52-week high. The company has generated returns on investments over the last 12 months (27.38%).
with sales reaching $952.29M over the same period.The EPS is expected to shrink by -1.00% this year, but quarterly earnings will post 0.21% year-over-year. Quarterly sales are estimated to shrink -3.62% in year-over-year returns.
973.0 institutions hold shares in A.O. Smith Corp (AOS), with institutional investors hold 97.60% of the company’s shares. The shares outstanding are 145.84M, and float is at 117.95M with Short Float at 2.75%. Institutions hold 96.89% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.11 million shares valued at $1.15 billion. The investor’s holdings represent 9.5861 of the AOS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.81 million shares valued at $720.82 million to account for 5.9887 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.42 million shares representing 5.0427 and valued at over $606.96 million, while SELECT EQUITY GROUP, L.P. holds 2.6175 of the shares totaling 3.85 million with a market value of $315.05 million.
A.O. Smith Corp (AOS) Insider Activity
The most recent transaction is an insider sale by Carver Samuel M., the company’s SVP – Global Operations. SEC filings show that Carver Samuel M. sold 14,705 shares of the company’s common stock on Aug 07 ’24 at a price of $81.00 per share for a total of $1.19 million. Following the sale, the insider now owns 2399.0 shares.
Still, SEC filings show that on Jul 30 ’24, BROWN RONALD D (Director) disposed off 3,631 shares at an average price of $85.67 for $0.31 million. The insider now directly holds 1,100 shares of A.O. Smith Corp (AOS).
