AAON Inc (AAON) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.69 million shares. The 52-week range on AAON shows that it touched its highest point at $144.07 and its lowest point at $70.28 during that stretch. It currently has a 1-year price target of $117.00. With its current market cap of 6.14 billion, AAON has annualized dividend of $0.32 while the current yield stands at 0.43%. Beta for the stock currently stands at 1.00.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AAON was down-trending over the past week, with a drop of -24.97%, but this was down by -35.34% over a month. Three-month performance dropped to -44.68% while six-month performance fell -19.69%. The stock lost -10.40% in the past year, while it has lost -36.06% so far this year. A look at the trailing 12-month EPS for AAON yields 2.02 with Next year EPS estimates of 2.93. For the next quarter, that number is 0.23. This implies an EPS growth rate of 7.43% for this year and 35.02% for next year. EPS is expected to grow by 26.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.26%.

Float and Shares Shorts:

At present, 81.44 million AAON shares are outstanding with a float of 67.30 million shares on hand for trading.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.27135 being high and $2.22154 being low. For AAON, this leads to a yearly average estimate of $2.25143. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.58. The average estimate for the next quarter is thus $0.61.

Summary of Insider Activity:

Insiders traded AAON stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.