The closing price of A. O. Smith Corporation (NYSE: AOS) was 51.06 for the day, down -0.31% from the previous closing price of $51.22. In other words, the price has decreased by $-0.16 from its previous closing price. On the day, 1457888 shares were traded. AOS reached its highest trading level at $52.52 during the session, while it also had its lowest trading level at $51.04.
Our analysis of AOS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
On July 06, 2022, Longbow Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $71.
On November 23, 2021, Loop Capital started tracking the stock assigning a Buy rating and target price of $100.Loop Capital initiated its Buy rating on November 23, 2021, with a $100 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 03 when Carver Samuel M. sold 2,000 shares for $59.57 per share. The transaction valued at 119,140 led to the insider holds 5,144 shares of the business.
Larsen Michael M bought 3,925 shares of AOS for $274,240 on Feb 22. The Director now owns 7,425 shares after completing the transaction at $69.87 per share. On Dec 08, another insider, Rajendra Ajita G, who serves as the Director of the company, sold 4,209 shares for $83.29 each. As a result, the insider received 350,574 and left with 23,732 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AOS now has a Market Capitalization of 7.99B and an Enterprise Value of 7.85B. As of this moment, A.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.70, and their Forward P/E ratio for the next fiscal year is 13.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 2.04 whereas that against EBITDA is 10.42.
Stock Price History:
The Beta on a monthly basis for AOS is 1.20, which has changed by -20.74% over the last 52 weeks, in comparison to a change of -14.81% over the same period for the S&P500. Over the past 52 weeks, AOS has reached a high of $86.74, while it has fallen to a 52-week low of $50.80. The 50-Day Moving Average of the stock is 58.56, while the 200-Day Moving Average is calculated to be 65.70.
AOS traded an average of 992.07K shares per day over the past three months and 1.63M shares per day over the past ten days. A total of 155.69M shares are outstanding, with a floating share count of 127.54M. Insiders hold about 0.30% of the company’s shares, while institutions hold 98.50% stake in the company. Shares short for AOS as of Aug 30, 2022 were 5.98M with a Short Ratio of 6.03, compared to 6.16M on Jul 28, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.87% and a Short% of Float of 5.32%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.10, AOS has a forward annual dividend rate of 1.12. Against a Trailing Annual Dividend Yield of 2.15%, it implies a Forward Annual Dividend Yield of 2.19%. The stock’s 5-year Average Dividend Yield is 1.60. The current Payout Ratio is 33.50% for AOS, which recently paid a dividend on Aug 14, 2022 with an ex-dividend date of Jul 27, 2022. Stock splits for the company last occurred on Oct 05, 2016 when the company split stock in a 2:1 ratio.
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.94 for the current quarter, with a high estimate of $0.97 and a low estimate of $0.88, while EPS last year was $0.82. The consensus estimate for the next quarter is $0.99, with high estimates of $1.03 and low estimates of $0.93.
Analysts are recommending an EPS of between $3.59 and $3.4 for the fiscal current year, implying an average EPS of $3.5. EPS for the following year is $3.71, with 13 analysts recommending between $4.05 and $3.3.
A total of 14 analysts have provided revenue estimates for AOS’s current fiscal year. The highest revenue estimate was $4.07B, while the lowest revenue estimate was $3.91B, resulting in an average revenue estimate of $4.01B. In the same quarter a year ago, actual revenue was $3.54B, up 13.40% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $4.08B in the next fiscal year. The high estimate is $4.31B and the low estimate is $3.82B. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.