A. O. Smith Corporation (NYSE:AOS) registered a -2.60% decrease, still its new closing price is 55.76% up from the company’s 1 year high of 51.21.It posted -3.04% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 14 stock analysts following this company have an average price target at $51.18, with individual PT in the $42.50-$55.50 range. The shares moved at $47.19, implying that brokerage firms see shares gaining about 40.40% in twelve months time.
A. O. Smith Corporation (AOS) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.05% fall year to date. A Senior Vice Pres. – H.R. & P.A at A. O. Smith Corporation (AOS) offloaded shares in a transaction closed on Tuesday December 06, 2016. Petrarca Mark A sold 10,000 shares in the company at $49.73 each and collected $497,000 in proceeds. Petrarca Mark A now owns 78,898 shares in the company after this transaction. A Executive Vice President & CFO in the company, KITA JOHN J, disclosed a transaction on Monday December 05, 2016 that ended up generating $994,001 from the sale of 20,000 shares at $49.74 per share.
A. O. Smith Corporation (NYSE:AOS) Upcoming Results on Tap
A. O. Smith Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.55 in that period. Sales during the quarter are predicted to arrive at $702.27 million.
Earnings surprise history: Last quarter, the company posted approximately $683.9 million in revenue and EPS of $0.47. The mean forecast was for $685.25 million and $0.45 a share, respectively. One quarter earlier, revenue for the stock was at $667 million, with earnings at $0.49/share.
A. O. Smith Corporation (AOS) Brokerage Update
A. O. Smith Corporation (AOS) is in Maxim Group’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Maxim Group, according to news reported on Friday January 08, 2016.Another important research note was issued by Northland Capital on Monday January 05, 2015.The firm downgraded AOS to Market Perform from Outperform. Over the last six months and over the last three months, the shares of A. O. Smith Corporation (AOS), have changed 1.77% and 5.83%, respectively.