The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
A.O. Smith Corp. (NYSE: AOS) closed the day trading at $82.82 down -4.80% from the previous closing price of $87.00. In other words, the price has decreased by -$4.80 from its previous closing price. On the day, 2.38 million shares were traded. AOS stock price reached its highest trading level at $83.91 during the session, while it also had its lowest trading level at $80.64.
Ratios:
For a better understanding of AOS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
On January 17, 2023, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $67 to $65.
UBS Downgraded its Neutral to Sell on January 10, 2023, whereas the target price for the stock was revised from $65 to $58.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Heideman Robert J sold 9,890 shares for $84.63 per share. The transaction valued at 837,039 led to the insider holds 9,455 shares of the business.
Rajendra Ajita G sold 60,258 shares of AOS for $5,092,108 on Mar 04 ’24. The Director now owns 56,951 shares after completing the transaction at $84.51 per share. On Mar 01 ’24, another insider, Rajendra Ajita G, who serves as the Director of the company, sold 43,137 shares for $84.01 each. As a result, the insider received 3,623,918 and left with 56,951 shares of the company.
Valuation Measures:
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 12179758080 and an Enterprise Value of 12609373184. As of this moment, A.O.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.47, and their Forward P/E ratio for the next fiscal year is 19.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 6.62. Its current Enterprise Value per Revenue stands at 3.273 whereas that against EBITDA is 15.392.
Stock Price History:
Over the past 52 weeks, AOS has reached a high of $89.96, while it has fallen to a 52-week low of $63.88. The 50-Day Moving Average of the stock is -3.06%, while the 200-Day Moving Average is calculated to be 7.86%.
Shares Statistics:
Over the past 3-months, AOS traded about 1.01M shares per day on average, while over the past 10 days, AOS traded about 1246850 shares per day. A total of 121.63M shares are outstanding, with a floating share count of 119.28M. Insiders hold about 18.96% of the company’s shares, while institutions hold 78.72% stake in the company. Shares short for AOS as of 1713139200 were 3657516 with a Short Ratio of 3.62, compared to 1710460800 on 3313449. Therefore, it implies a Short% of Shares Outstanding of 3657516 and a Short% of Float of 3.04.
Dividends & Splits
AOS’s forward annual dividend rate is 1.24, up from 1.22 a year ago. Against a Trailing Annual Dividend Yield of 0.014022989The stock’s 5-year Average Dividend Yield is 1.77.
