How Have A. O. Smith Corporation (AOS) Insiders Been Trading?

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A. O. Smith Corporation (NYSE:AOS) finished Wednesday with a subtraction of -$0.16 to close at $51.06, a downside of -0.31 percent. An average of 1,751,540 shares of common stock have been traded in the last five days. There was a fall of -$1.21 in the past week, and it reached a new high 26 times over the past 12 months. The last 20 days have seen an average of 1,160,970 shares traded, while the 50-day average volume stands at 938,130.

AOS stock has decreased by -16.69% in the last month. The company shares reached their 1-month lowest point of $50.80 on 09/16/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $50.80 and a high of $86.74 in 52 weeks. It has reached a new high 2 times so far this year and lost -40.52% or -$34.79 in price. In spite of this, the price is down -41.13% from the 52-week high.


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Insider Transactions

142 days have passed since A. O. Smith Corporation (AOS) last reported insider trading activity. Carver Samuel M., who is SVP – Global Operations, most recently acquired $2,000 shares at $59.57 per share on May 03. In this transaction, the insider spent $119,140. Director, Rajendra Ajita G, disposed of 4,209 shares at a price of $83.29 on Dec 08. The insider now owns more than $350,574 worth of shares. Prior to that, Director Rajendra Ajita G went on to Sale 8,110 shares at $83.35 each on Dec 07. An amount of $675,933 was transacted.

Valuation Metrics

A. O. Smith Corporation (AOS) has a trailing price-to-earnings (P/E) ratio of 15.70. The stock’s beta is 1.20. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.09, the price-to-book (PB) ratio at 4.44, and the price-to-cash flow ratio at 32.24.

The company has a payout ratio of 33.50%. The company’s most recent quarterly dividend payment was $0.28 a share, without any change from last year. Its latest increase dividend $0.02 reported on Monday October 11 2021.

Financial Health

The quick ratio of A. O. Smith Corporation for the three months ended June 29 was 1.20, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.16 and a total debt to equity ratio of 0.17 for the quarter ending June 29. Its gross profit as reported stood at $1.31 billion compared to revenue of $3.54 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, A. O. Smith Corporation’s return on assets was 15.30%.

Earnings Surprise

For the three-month period that ended June 29, A. O. Smith Corporation had $100.0 million in cash and short-term investments compared to $291.6 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $126.2 million in the quarter, while revenues of $119.8 million were grew 6.34%. The analyst consensus anticipated A. O. Smith Corporation’s latest quarter earnings to come in at $0.81 per share, but it turned out to be $0.82, a 1.20% surprise. For the quarter, EBITDA amounted to $185.7 million. Shareholders own equity worth $154.45 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at A. O. Smith Corporation (AOS) price momentum. RSI 9-day as of the close on 21 September was 23.60%, suggesting the stock is oversold, with historical volatility in this time frame at 27.66%.

As of today, AOS’s price is $51.90 -2.31% or -$1.21 from its 5-day moving average. AOS is currently trading -15.95% lower than its 20-day SMA and -14.72% lower than its 100-day SMA. However, the stock’s current price level is -9.05% below the SMA50 and -37.43% below the SMA200.

The stochastic %K and %D were 11.16% and 13.74%, respectively, and the average true range (ATR) was 1.61. With the 14-day stochastic at 3.66% and the average true range at 1.57, the RSI (14) stands at 27.48%. The stock has reached -1.53 on the 9-day MACD Oscillator while the 14-day reading was at -2.74.

Analyst Ratings

Robert W. Baird downgraded A. O. Smith Corporation (NYSE: AOS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for A. O. Smith Corporation (AOS) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell AOS, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.

What is AOS’s price target for the next 12 months?

Analysts predict a range of price targets between $49.00 and $77.00, with a median target of $66.00. Taking a look at these predictions, the average price target given by analysts for A. O. Smith Corporation (AOS) stock is $67.20.

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