It’s still a bull thesis, just subverted: A.O. Smith Corp. (AOS)

At the time of writing, A.O. Smith Corp. [AOS] stock is trading at $81.13, down -0.92%. An important factor to consider is whether the stock is rising or falling in short-term value. The AOS shares have gain 1.10% over the last week, with a monthly amount glided 0.46%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

A.O. Smith Corp. [NYSE: AOS] stock has seen the most recent analyst activity on July 24, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $98 from $97. On January 17, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $65 on the stock. UBS downgraded its rating to a Sell and decreased its price target to $58 on January 10, 2023. Robert W. Baird downgraded its rating to a Neutral but $60 remained the price target by the analyst firm on July 14, 2022. Longbow upgraded its rating to Buy for this stock on July 06, 2022, but kept the price target unchanged to $71. In a note dated November 23, 2021, Loop Capital initiated an Buy rating and provided a target price of $100 on this stock.

For the past year, the stock price of A.O. Smith Corp. fluctuated between $64.14 and $92.44. Currently, Wall Street analysts expect the stock to reach $87.67 within the next 12 months. A.O. Smith Corp. [NYSE: AOS] shares were valued at $81.13 at the most recent close of the market. An investor can expect a potential return of 8.06% based on the average AOS price forecast.

Analyzing the AOS fundamentals

According to A.O. Smith Corp. [NYSE:AOS], the company’s sales were 3.93B for trailing twelve months, which represents an 6.61% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.31 and Total Capital is 0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.64 points at the first support level, and at 80.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.86, and for the 2nd resistance point, it is at 82.59.

Ratios To Look Out For

It is important to note that A.O. Smith Corp. [NYSE:AOS] has a current ratio of 1.70. On the other hand, the Quick Ratio is 1.07, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 3.01, the price to book ratio is 6.26 and price to earnings (TTM) ratio is 20.98.

Transactions by insiders

Recent insider trading involved Carver Samuel M., SVP – Global Operations, that happened on Aug 07 ’24 when 14705.0 shares were sold. Officer, SAMUEL M CARVER completed a deal on Aug 07 ’24 to buy 14705.0 shares. Meanwhile, Director BROWN RONALD D sold 3631.0 shares on Jul 30 ’24.

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