A.O. Smith Corp (NYSE: AOS) is 4.68% higher on its value in year-to-date trading and has touched a low of $67.17 and a high of $92.44 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 AOS stock was last observed hovering at around $70.95 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $71.40, the stock is 3.52% and -0.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 0.63% at the moment leaves the stock -11.18% off its SMA200. AOS registered -11.83% loss for a year compared to 6-month loss of -20.79%. The firm has a 50-day simple moving average (SMA 50) of $71.7568 and a 200-day simple moving average (SMA200) of $80.3873.
The stock witnessed a -1.50% gain in the last 1 month and extending the period to 3 months gives it a -11.80%, and is 3.96% up 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 2.31% over the week and 2.02% over the month.
A.O. Smith Corp (AOS) has around 12000 employees, a market worth around $10.41B and $3.89B in sales. Current P/E ratio is 18.83 and Fwd P/E is 17.66. Profit margin for the company is 14.41%. Distance from 52-week low is 6.31% and -22.76% from its 52-week high. The company has generated returns on investments over the last 12 months (27.38%).
with sales reaching $954.6M over the same period.The EPS is expected to shrink by -1.08% this year, but quarterly earnings will post 0.26% year-over-year. Quarterly sales are estimated to shrink -3.39% in year-over-year returns.
964.0 institutions hold shares in A.O. Smith Corp (AOS), with institutional investors hold 97.56% of the company’s shares. The shares outstanding are 145.84M, and float is at 117.95M with Short Float at 3.52%. Institutions hold 96.84% 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).
