Headlines about A. O. Smith Corp (NYSE:AOS) have been trending somewhat positive recently, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. A. O. Smith Corp earned a media sentiment score of 0.21 on Alpha One’s scale. Alpha One also assigned news coverage about the industrial products company an impact score of 19 out of 100, meaning that recent news coverage is very unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have effected AlphaOne’s rankings:
- A. O. Smith appoints Kevin J. Wheeler as COO (poandpo.com)
- A.O. Smith (AOS) names Kevin Wheeler as COO (streetinsider.com)
- A O Smith : names Kevin Wheeler president, chief operating officer (4-traders.com)
- A. O. Smith names Kevin Wheeler president, chief operating officer (finance.yahoo.com)
- Can AO Smith Become a Dividend Stock? – Fox Business (foxbusiness.com)
AOS has been the topic of a number of research analyst reports. Zacks Investment Research upgraded A. O. Smith Corp from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Monday, February 6th. Stifel Nicolaus boosted their price objective on A. O. Smith Corp from $49.00 to $50.00 and gave the company a “hold” rating in a report on Friday, February 3rd. Finally, KeyCorp reissued a “sector weight” rating on shares of A. O. Smith Corp in a report on Friday, April 28th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. A. O. Smith Corp has a consensus rating of “Buy” and a consensus target price of $59.17.
A. O. Smith Corp (NYSE:AOS) traded up 0.952% during mid-day trading on Friday, reaching $53.525. The company’s stock had a trading volume of 127,363 shares. The stock’s 50-day moving average is $52.29 and its 200-day moving average is $49.77. A. O. Smith Corp has a 12 month low of $39.75 and a 12 month high of $55.41. The firm has a market capitalization of $9.26 billion, a PE ratio of 27.590 and a beta of 1.42.
A. O. Smith Corp (NYSE:AOS) last issued its earnings results on Thursday, April 27th. The industrial products company reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.03. A. O. Smith Corp had a return on equity of 21.77% and a net margin of 12.16%. The company had revenue of $740 million during the quarter, compared to the consensus estimate of $698.38 million. During the same period in the previous year, the firm posted $0.41 earnings per share. A. O. Smith Corp’s quarterly revenue was up 16.2% compared to the same quarter last year. On average, equities analysts anticipate that A. O. Smith Corp will post $2.10 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Friday, April 28th were paid a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, April 26th. This represents a $0.56 dividend on an annualized basis and a yield of 1.06%. A. O. Smith Corp’s payout ratio is currently 30.35%.
In other A. O. Smith Corp news, Chairman Ajita G. Rajendra sold 30,000 shares of A. O. Smith Corp stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $55.25, for a total value of $1,657,500.00. Following the completion of the transaction, the chairman now directly owns 269,345 shares in the company, valued at $14,881,311.25. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Patricia K. Ackerman sold 7,406 shares of A. O. Smith Corp stock in a transaction that occurred on Thursday, March 9th. The shares were sold at an average price of $49.40, for a total value of $365,856.40. Following the completion of the transaction, the vice president now owns 3,908 shares of the company’s stock, valued at $193,055.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 136,838 shares of company stock valued at $7,306,460. 1.76% of the stock is currently owned by insiders.
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A. O. Smith Corp Company Profile
A. O. Smith Corporation operates through two segments: North America and Rest of World. The Company’s Rest of World segment primarily consists of China, Europe and India. Both segments manufacture and market comprehensive lines of residential and commercial gas, gas tankless and electric water heaters, as well as water treatment products.
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