Wall Street predicts AAON Inc (AAON) stock to drop by -5.07%

At the time of writing, AAON Inc [AAON] stock is trading at $136.95, up 3.63%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AAON shares have gain 6.90% over the last week, with a monthly amount glided 11.73%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

AAON Inc [NASDAQ: AAON] stock has seen the most recent analyst activity on October 28, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $130 from $114. Previously, Sidoti downgraded its rating to Neutral on October 22, 2024, and elevated its price target to $111. On July 24, 2024, Robert W. Baird initiated with a Neutral rating and assigned a price target of $100 on the stock. William Blair started tracking the stock assigning a Outperform rating. CJS Securities downgraded its rating to a Market Perform. CJS Securities started tracking with a Market Outperform rating for this stock on September 15, 2022, and assigned it a price target of $73. In a note dated May 06, 2022, DA Davidson upgraded an Buy rating on this stock.

For the past year, the stock price of AAON Inc fluctuated between $69.54 and $144.07. Currently, Wall Street analysts expect the stock to reach $130 within the next 12 months. AAON Inc [NASDAQ: AAON] shares were valued at $136.95 at the most recent close of the market. An investor can expect a potential drop of -5.07% based on the average AAON price forecast.

Analyzing the AAON fundamentals

According to AAON Inc [NASDAQ:AAON], the company’s sales were 1.21B for trailing twelve months, which represents an 4.90% jump. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.25 and Total Capital is 0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.

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 132.97 points at the first support level, and at 129.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 139.41, and for the 2nd resistance point, it is at 141.88.

Ratios To Look Out For

It is important to note that AAON Inc [NASDAQ:AAON] has a current ratio of 3.06. Also, the Quick Ratio is 1.79, while the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 9.20, the price to book ratio is 13.96 and price to earnings (TTM) ratio is 59.94.

Transactions by insiders

Recent insider trading involved Wakefield Stephen E, Vice President, that happened on Dec 13 ’24 when 5362.0 shares were sold. Chief Financial Officer, Thompson Rebecca completed a deal on Dec 05 ’24 to sell 5000.0 shares. Meanwhile, Officer Thompson Rebecca bought 5000.0 shares on Dec 05 ’24.

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