A.O. Smith Corp (AOS) average volume reaches $1.01M: Is Wall Street expecting a rally?

On Tuesday, A.O. Smith Corp (NYSE: AOS) opened lower -1.03% from the last session, before settling in for the closing price of $72.15. Price fluctuations for AOS have ranged from $71.64 to $92.44 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 4.31%. Company’s average yearly earnings per share was noted -0.93% at the time writing. With a float of $117.94 million, this company’s outstanding shares have now reached $121.63 million.

Let’s determine the extent of company efficiency that accounts for 12000 employees. In terms of profitability, gross margin is 38.17%, operating margin of 19.02%, and the pretax margin is 18.82%.

A.O. Smith Corp (AOS) Insider Activity

A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of A.O. Smith Corp is 19.13%, while institutional ownership is 77.69%. The most recent insider transaction that took place on Aug 07 ’24, was worth 1,191,146. In this transaction SVP – Global Operations of this company sold 14,705 shares at a rate of $81.00, taking the stock ownership to the 2,399 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Officer proposed sale 14,705 for $81.00, making the entire transaction worth $1,191,146.

A.O. Smith Corp (AOS) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.97 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.96) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.93% 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

Check out the current performance indicators for A.O. Smith Corp (AOS). In the past quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.67. Likewise, its price to free cash flow for the trailing twelve months is 21.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.79, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 4.06 in one year’s time.

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

Looking closely at A.O. Smith Corp (NYSE: AOS), its last 5-days average volume was 1.0 million, which is a jump from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 5.39%. Additionally, its Average True Range was 1.47.

During the past 100 days, A.O. Smith Corp’s (AOS) raw stochastic average was set at 1.73%, which indicates a significant decrease from 5.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.28% in the past 14 days, which was lower than the 29.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $80.33, while its 200-day Moving Average is $82.87. However, in the short run, A.O. Smith Corp’s stock first resistance to watch stands at $71.93. Second resistance stands at $72.44. The third major resistance level sits at $72.89. If the price goes on to break the first support level at $70.97, it is likely to go to the next support level at $70.52. Should the price break the second support level, the third support level stands at $70.01.

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

There are currently 144,995K shares outstanding in the company with a market cap of 10.41 billion. Presently, the company’s annual sales total 3,853 M according to its annual income of 556,600 K. Last quarter, the company’s sales amounted to 902,600 K and its income totaled 120,100 K.