News headlines about Smith (A.O.) Corporation (NYSE:AOS) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Smith (A.O.) Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 47.6241679167863 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Expect Smith (A.O.) Corporation (AOS) Will Post Quarterly Sales of $767.09 Million (americanbankingnews.com)
- Smith (A.O.) Corporation (AOS) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Frost & Sullivan Names Aquasana, Inc. North American Company of the Year for Residential Water Treatment – Markets Insider (markets.businessinsider.com)
- Frost & Sullivan Names Aquasana, Inc. North American Company of … – Markets Insider (markets.businessinsider.com)
- Smith (A.O.) Corporation (AOS) Expected to Post Earnings of $0.56 Per Share (americanbankingnews.com)
Smith (NYSE:AOS) opened at $58.92 on Tuesday. Smith has a 52 week low of $46.44 and a 52 week high of $62.16. The firm has a market cap of $10,068.10, a price-to-earnings ratio of 28.71, a P/E/G ratio of 2.20 and a beta of 1.54. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.92 and a current ratio of 2.32.
Smith (A.O.) Corporation (NYSE:AOS) last posted its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. The business had revenue of $749.90 million during the quarter, compared to analysts’ expectations of $741.28 million. Smith (A.O.) Corporation had a net margin of 12.18% and a return on equity of 22.42%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the company posted $0.47 earnings per share. analysts expect that Smith will post 2.13 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Monday, October 30th. Smith (A.O.) Corporation’s dividend payout ratio is currently 27.45%.
Several brokerages have recently issued reports on AOS. Robert W. Baird reissued a “buy” rating and set a $68.00 price target on shares of Smith (A.O.) Corporation in a research report on Friday, October 27th. BMO Capital Markets reaffirmed a “buy” rating and issued a $60.00 target price on shares of Smith (A.O.) Corporation in a report on Wednesday, September 6th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $65.00 target price on shares of Smith (A.O.) Corporation in a report on Thursday, October 12th. BidaskClub cut shares of Smith (A.O.) Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Finally, KeyCorp reissued a “hold” rating on shares of Smith (A.O.) Corporation in a report on Tuesday, September 12th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Smith (A.O.) Corporation has an average rating of “Hold” and an average target price of $62.80.
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In other Smith (A.O.) Corporation news, Director Idelle K. Wolf sold 2,000 shares of Smith (A.O.) Corporation stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $60.00, for a total value of $120,000.00. Following the sale, the director now owns 52,053 shares of the company’s stock, valued at $3,123,180. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Charles T. Lauber sold 7,594 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $59.85, for a total transaction of $454,500.90. Following the completion of the sale, the senior vice president now directly owns 26,240 shares in the company, valued at approximately $1,570,464. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,861 shares of company stock worth $1,895,602. 1.27% of the stock is owned by corporate insiders.
Smith (A.O.) Corporation Company Profile
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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