A.O Smith stock: buy or sell?
August 23rd, 2019
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, and water treatment products in North America, China, Europe, and India.
Should I buy A.O Smith stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, A.O Smith stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is A.O Smith stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 5 ratings published for AOS stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-10||Jefferies Financial Group||n/a||Hold|
|2019-1-30||BMO Capital Markets||Outperform||Market Perform|
A.O Smith stock analysis
A.O Smith eased a terrifying -3.12% and closed at $45.01.
A.O Smith eased a terrifying -3.12% and closed at $45.01. Since last May when AOS stock price broke down the SMA200d line, it slid $-6.12 per share (-11.97%). From a daily perspective, AOS is in a short term uptrend after plotting its last bottom ($44.54, on Aug/14) higher than the previous bottom, and its last top ($47.36, on Monday) also over the previous top. Now trading in between its last bottom and last top AOS might consolidate in a plain range, waiting to break out over $47.36 or down under $44.54.
A.O Smith shares fell -2.72% this week, ending at $45.01.
If you observe the weekly chart, price is in a simple uptrend, tested $43.05 level and now climbing back aiming its last top at $47.77. Since price and 40-weeks moving average lines crossed down by mid May, AOS fell $-4.96 per share (-9.93%). Stocks under the 200d moving average line are usually not recommended for average traders.
A.O Smith stock price history
A.O Smith stock went public on April 24th, 1990 with a price of $0.011. Since then, AOS stock grew a 450,000.00%, with a yearly average of 15,517.20%. If you had invested $1,000 in A.O Smith stock in 1990, it would worth $4,500,000.00 today.
1: Adjusted price after possible price splits or reverse-splits.
A.O Smith stock historical price chart
AOS stock reached 52-week highs on September at $59.94, and all-time highs 2018-01-29 with a price of 66.54.
A.O Smith stock price target is $59.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' AOS stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 2 price predictions for AOS stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-7||DA Davidson||Lowers Target||n/a||$58.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on April, A.O Smith plunged a hair-raising -19.03%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, A.O Smith annual revenues rose a very good 6.38% to $3,187.90 M dollars from $2,996.70 marked in 2017. In line, its profit margin (compared to revenues) raised to 13.93%, that is $444.20 million. To have an up to date view of the financial situation of A.O Smith, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual A.O Smith TTM sales up to March 2019 were $3,148.10 and income was $434.70 M USD. If we compare this TTM figures with the last reported annuality, we can esteem A.O Smith business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, depreciated a lame -1.25%. Regarding profit margin, A.O Smith remained stable -0.13% to 13.93%
|2013||$2,150 M||-||$170 M7.9%||-|
|2014||$2,356 M||9.58%||$208 M8.8%||22.45%|
|2015||$2,537 M||7.66%||$283 M11.2%||36.14%|
|2016||$2,686 M||5.89%||$327 M12.2%||15.41%|
|2017||$2,997 M||11.57%||$297 M9.9%||-9.19%|
|2018||$3,188 M||6.38%||$444 M13.9%||49.81%|
|TTM||$3,148 M||-1.25%||$435 M13.8%||-2.14%|
Quarterly financial resultsA.O Smith reported $748.20 million in revenues for 2019-Q1, a -7.91% less compared to previous quarter. Reported quarter earnings marked $89.30 million with a profit margin of 11.94%. Profit margin declined a -3.61% compared to previous quarter when profit margin was 15.54%. When comparing revenues to same quarter last year, A.O Smith sales marked a rough slide and dropped a -5.05%.
|2017-Q2||$738 M||-||$92 M12.5%||-|
|2017-Q3||$750 M||1.58%||$94 M12.5%||1.41%|
|2017-Q4||$769 M||2.49%||$23 M3.0%||-75.77%|
|2018-Q1||$788 M||2.52%||$99 M12.5%||335.24%|
|2018-Q2||$833 M||5.75%||$115 M13.7%||15.89%|
|2018-Q3||$754 M||-9.50%||$105 M13.9%||-8.65%|
|2018-Q4||$813 M||7.74%||$126 M15.5%||20.75%|
|2019-Q1||$748 M||-7.91%||$89 M11.9%||-29.30%|
A.O Smith ownershipWhen you are planning to invest in a company, it's worth to check its ownership structure.
A.O Smith shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.88% of all shares.
Bearish positions for AOS stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to A.O Smith:
|Market cap||$6.4 B||$2.5 B||$166.9 M||$5.3 B||$26.8 M|
|Total shares||141.1 M||52.1 M||21.2 M||95.2 M||1.7 M|
|Float shares||138.7 M||40.5 M||15.9 M||94.8 M||0.5 M|
|- Institutional holdings (%)||98.7%||74.5%||40.6%||104.4%||17.1%|
|- Insider holdings (%)||0.9%||22.0%||19.1%||0.7%||78.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
A.O Smith summary
|Friday, August 23rd, 2019|
|Day range||$44.79 - $46.26|
|Average true range||$1.16|
|50d mov avg||$45.23|
|100d mov avg||$47.22|
|200d mov avg||$47.30|
A.O Smith performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For A.O Smith, the benchmark is made against AAON, American Superconductor, BWX Technologies, Continental Materials, Franklin Electric, Lennox International, Lsb Industries and Regal Beloit.