A.O. Smith Corp. (AOS) is -4.40% away from 50-day simple Moving Average despite all headwinds

A.O. Smith Corp. (NYSE: AOS) on Tuesday, soared 0.89% from the previous trading day, before settling in for the closing price of $78.87. Within the past 52 weeks, AOS’s price has moved between $64.14 and $92.44.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 4.31%. The company achieved an average annual earnings per share of 6.70%. With a float of $117.95 million, this company’s outstanding shares have now reached $121.63 million.

The extent of productivity of a business whose workforce counts for 12000 workers is very important to gauge.

A.O. Smith Corp. (AOS) Insider and Institutional Ownership

Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of A.O. Smith Corp. is 19.13%, while institutional ownership is 82.33%. The most recent insider transaction that took place on Aug 07 ’24, was worth 1,191,146. Before that another transaction happened on Aug 07 ’24, when Company’s SVP – Global Operations sold 14,705 for $81.00, making the entire transaction worth $1,191,146. This insider now owns 2,399 shares in total.

A.O. Smith Corp. (AOS) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 6.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 7.40% growth over the previous five years of trading.

A.O. Smith Corp. (NYSE: AOS) Trading Performance Indicators

A.O. Smith Corp. (AOS) is currently performing well based on its current performance indicators. A quick ratio of 1.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.95. Likewise, its price to free cash flow for the trailing twelve months is 24.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.87, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 4.35 in one year’s time.

Technical Analysis of A.O. Smith Corp. (AOS)

The latest stats from [A.O. Smith Corp., AOS] show that its last 5-days average volume of 0.87 million was inferior to 0.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.32%. Additionally, its Average True Range was 2.29.

During the past 100 days, A.O. Smith Corp.’s (AOS) raw stochastic average was set at 6.80%, which indicates a significant decrease from 12.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.78% in the past 14 days, which was lower than the 26.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $83.15, while its 200-day Moving Average is $81.86. Now, the first resistance to watch is $80.03. This is followed by the second major resistance level at $80.49. The third major resistance level sits at $81.19. If the price goes on to break the first support level at $78.87, it is likely to go to the next support level at $78.17. The third support level lies at $77.71 if the price breaches the second support level.

A.O. Smith Corp. (NYSE: AOS) Key Stats

Market capitalization of the company is 11.60 billion based on 146,670K outstanding shares. Right now, sales total 3,853 M and income totals 556,600 K. The company made 1,024 M in profit during its latest quarter, and 156,200 K in sales during its previous quarter.