Smith (A.O.) Corporation (AOS) Earns News Sentiment Score of 0.18
News headlines about Smith (A.O.) Corporation (NYSE:AOS) have trended somewhat positive on Sunday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Smith (A.O.) Corporation earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.2739040783485 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Smith (NYSE:AOS) opened at 59.55 on Friday. Smith has a 12-month low of $43.66 and a 12-month high of $59.60. The company has a 50 day moving average price of $55.25 and a 200-day moving average price of $54.19. The firm has a market cap of $10.27 billion, a PE ratio of 30.23 and a beta of 1.49.
Smith (A.O.) Corporation (NYSE:AOS) last announced its earnings results on Wednesday, July 26th. The industrial products company reported $0.53 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.53. Smith (A.O.) Corporation had a return on equity of 22.25% and a net margin of 12.10%. The firm had revenue of $738.20 million for the quarter, compared to analysts’ expectations of $729.33 million. During the same quarter in the previous year, the company earned $0.49 earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Analysts expect that Smith will post $2.11 EPS for the current year.
A number of equities analysts have recently issued reports on the company. BidaskClub downgraded Smith (A.O.) Corporation from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. BMO Capital Markets reissued a “buy” rating and set a $60.00 target price on shares of Smith (A.O.) Corporation in a research note on Friday, July 28th. Jefferies Group LLC set a $60.00 target price on Smith (A.O.) Corporation and gave the stock a “buy” rating in a research note on Thursday, June 1st. Robert W. Baird set a $61.00 target price on Smith (A.O.) Corporation and gave the stock a “buy” rating in a research note on Thursday, August 24th. Finally, KeyCorp restated a “hold” rating on shares of Smith (A.O.) Corporation in a report on Tuesday, September 12th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $66.83.
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In related news, Director Paul W. Jones sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $54.02, for a total transaction of $3,241,200.00. Following the sale, the director now owns 277,465 shares of the company’s stock, valued at $14,988,659.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.27% of the stock is owned by insiders.
About Smith (A.O.) Corporation
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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