AAON Inc (NASDAQ:AAON) shares, rose in value, with the stock price up by 8.89% to the previous day’s close as strong demand from buyers drove the stock to $81.94.
Actively observing the price movement in the last trading, the stock closed the session at $75.25. The PE ratio was 40.64 over 12-month period. Referring to stock’s 52-week performance, its high was $144.07, and the low was $69.52. On the whole, AAON has fluctuated by -28.80% over the past month.
With the market capitalization of AAON Inc currently standing at about $6.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 0.39%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.4B, with a low estimate of 283M and a high estimate of 294.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 290.34M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAON’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.56, with the price of AAON currently trading nearly -19.47% and -28.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.15, while the 7-day volatility ratio is showing 10.17% which for the 30-day chart, stands at 5.33%. Furthermore, AAON Inc (AAON)’s beta value is 0.99, and its average true range (ATR) is 6.29.
A comparison of AAON Inc (AAON) with its peers suggests the former has fared considerably weaker in the market. AAON showed an intraday change of 8.89% in last session, and over the past year, it shrunk by -1.59%%. In comparison, Lennox International Inc. (LII) has moved higher at 2.64%% on the day and was up 23.78% over the past 12 months. On the other hand, the price of Standex International Corp. (SXI) has risen 1.58%% on the day. The stock, however, is off 1.96% from where it was a year ago. Additionally, there is a gain of 1.36%% for A.O. Smith Corp. (AOS) in last trading while the stock has seen an overall depriciation of -21.30%% over the past year.
Data on historical trading for AAON Inc (NASDAQ:AAON) indicates that the trading volumes over the past 3 months, they’ve averaged 718.30K. According to company’s latest data on outstanding shares, there are 81.44 million shares outstanding.
Nearly 17.52% of AAON Inc’s shares belong to company insiders and institutional investors own 71.63% of the company’s shares. The stock has fallen by -30.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAON stock heading into the next quarter.
