Headlines about A. O. Smith (NYSE:AOS) have trended somewhat positive on Thursday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. A. O. Smith earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.1918217644297 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Comparing A. O. Smith (AOS) and Global Power Equipment Gr (GLPW) (americanbankingnews.com)
- 3 Stocks That Could Put Alibaba’s Returns to Shame – The Motley Fool – Motley Fool (fool.com)
- 3 Stocks That Could Put Alibaba’s Returns to Shame – Madison.com (host.madison.com)
- AO Smith names Karge president-North America water treatment – PR Newswire (press release) (prnewswire.com)
- A.O. Smith taps Zurn exec to lead its new water treatment unit (biztimes.com)
Several equities research analysts have recently weighed in on AOS shares. Zacks Investment Research downgraded shares of A. O. Smith from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. BMO Capital Markets reissued a “buy” rating and set a $78.00 price target on shares of A. O. Smith in a report on Friday, January 26th. Stifel Nicolaus reissued a “hold” rating and set a $59.00 price target on shares of A. O. Smith in a report on Monday, December 11th. Robert W. Baird reissued a “buy” rating and set a $70.00 price target on shares of A. O. Smith in a report on Wednesday, January 31st. Finally, Boenning Scattergood reissued a “hold” rating on shares of A. O. Smith in a report on Tuesday, January 30th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $67.83.
A. O. Smith (NYSE:AOS) last issued its earnings results on Tuesday, January 30th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.04. A. O. Smith had a net margin of 9.89% and a return on equity of 23.30%. The company had revenue of $768.60 million during the quarter, compared to analysts’ expectations of $767.45 million. During the same period last year, the company posted $0.47 earnings per share. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. analysts predict that A. O. Smith will post 2.57 EPS for the current fiscal year.
In other A. O. Smith news, VP Robert J. Heideman sold 11,606 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $61.74, for a total value of $716,554.44. Following the completion of the transaction, the vice president now directly owns 34,099 shares of the company’s stock, valued at $2,105,272.26. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Wilfridus M. Brouwer sold 30,000 shares of the stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $63.11, for a total transaction of $1,893,300.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,635 shares of company stock valued at $7,149,622. 1.28% of the stock is currently owned by corporate insiders.
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About A. O. Smith
A. O. Smith Corporation operates through two segments: North America and Rest of World. The Company’s Rest of World segment primarily consists of China, Europe and India. Both segments manufacture and market comprehensive lines of residential and commercial gas, gas tankless and electric water heaters, as well as water treatment products.
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