AAON Inc. (AAON) Hits New 12-Month High at $28.95
AAON Inc. (NASDAQ:AAON) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $28.95 and last traded at $28.85, with a volume of 60,016 shares traded. The stock had previously closed at $28.62.
Separately, Zacks Investment Research cut shares of AAON from a “buy” rating to a “hold” rating in a report on Tuesday, August 9th.
The firm has a 50-day moving average of $27.30 and a 200-day moving average of $26.71. The stock has a market cap of $1.53 billion and a PE ratio of 30.48.
AAON (NASDAQ:AAON) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm had revenue of $102.30 million for the quarter, compared to the consensus estimate of $98.03 million. During the same period last year, the business earned $0.20 EPS. AAON’s revenue was up 13.3% on a year-over-year basis. Equities analysts expect that AAON Inc. will post $0.99 EPS for the current year.
In other AAON news, insider Rebecca Thompson sold 1,792 shares of AAON stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $28.00, for a total value of $50,176.00. Following the completion of the sale, the insider now owns 20,365 shares of the company’s stock, valued at approximately $570,220. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
AAON, Inc (AAON) is engaged in the manufacture and sale of air-conditioning and heating equipment. The Company’s products consist of rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, self-contained units and coils.
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