NASDAQ:AAON

AAON - AAON Stock Forecast, Price & News

$53.88

-0.46 (-0.85%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $53.74
▼
$55.32
50-Day Range: $53.88
▼
$63.36
52-Week Range: $47.50
▼
$83.79

Volume: 145,020 shs
Average Volume: 146,321 shs
Market Capitalization: $2.86 billion

P/E Ratio: 52.31
Dividend Yield: 0.70%
Price Target: $72.33

AAON MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34.2% Upside
$72.33 Price Target
Short Interest: Healthy
2.27% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.10
Based on 6 Articles This Week
Insider Trading: Selling Shares
$2.50 M Sold Last Quarter
Proj. Earnings Growth: 59.38%
From $1.60 to $2.55 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.04 out of 5 stars

Construction Sector

3rd out of 106 stocks

Refrigeration & Heating Equipment Industry

2nd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
AAON has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $72.33, AAON has a forecasted upside of 34.2% from its current price of $53.88.
Amount of Analyst Coverage
AAON has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.27% of the float of AAON has been sold short.
Short Interest Ratio / Days to Cover
AAON has a short interest ratio ("days to cover") of 6.7.
Change versus previous month
Short interest in AAON has recently decreased by 5.26%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
AAON has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
AAON does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AAON is 36.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AAON will have a dividend payout ratio of 14.90% next year. This indicates that AAON will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AAON.

2.8

News and Social Media Coverage

News Sentiment
AAON has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for AAON this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 3 people have added AAON to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AAON insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,504,626.00 in company stock.
Percentage Held by Insiders
19.27% of the stock of AAON is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
70.61% of the stock of AAON is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for AAON are expected to grow by 59.38% in the coming year, from $1.60 to $2.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AAON is 52.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of AAON is 52.31, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 11.41.
Price to Book Value per Share Ratio
AAON has a P/B Ratio of 6.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AAON (NASDAQ:AAON) Stock

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BasX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.

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AAON Stock News Headlines

September 30, 2022 | finance.yahoo.com

AAON, Inc. (AAON)

September 28, 2022 | reuters.com

AAON.O - AAON, Inc. | Stock Price & Latest News | Reuters

September 23, 2022 | seekingalpha.com

AAON: Good Growth Prospects - Seeking Alpha

September 14, 2022 | nasdaq.com

Analysts Anticipate IJS To Hit $112 - Nasdaq

September 13, 2022 | nasdaq.com

AAON (NASDAQ:AAON) Has A Pretty Healthy Balance Sheet - Nasdaq

September 5, 2022 | reuters.com

AAON.OQ - AAON, Inc. | Stock Price & Latest News | Reuters

August 31, 2022 | finance.yahoo.com

3 Air Conditioner & Heating Stocks to Watch Amid Industry Headwinds - Yahoo Finance

August 28, 2022 | finance.yahoo.com

AAON's (NASDAQ:AAON) five-year total shareholder returns outpace the underlying earnings growth

August 20, 2022 | nasdaq.com

A Look At The Intrinsic Value Of AAON, Inc. (NASDAQ:AAON)

August 19, 2022 | nasdaq.com

A Look At The Intrinsic Value Of AAON, Inc. (NASDAQ:AAON) - Nasdaq

August 17, 2022 | globenewswire.com

AAON Announces Zero Degree Cold Climate Air-Source Heat Pump - GlobeNewswire

August 17, 2022 | finance.yahoo.com

AAON Announces Zero Degree Cold Climate Air-Source Heat Pump

August 11, 2022 | streetinsider.com

AAON Announces Promotion of Rob Teis to Vice President, Sales and Marketing - StreetInsider.com

August 11, 2022 | finance.yahoo.com

Calculating The Intrinsic Value Of AAON, Inc. (NASDAQ:AAON)

August 10, 2022 | globenewswire.com

AAON Announces Executive Leadership Change - GlobeNewswire

August 10, 2022 | finance.yahoo.com

AAON Announces Executive Leadership Change

August 10, 2022 | nasdaq.com

Peek Under The Hood: DGRW Has 12% Upside - Nasdaq

August 9, 2022 | in.investing.com

AAON, Inc. Misses Q2 EPS by 11c By Investing.com - Investing.com India

August 9, 2022 | finance.yahoo.com

AAON Announces Promotion of Rob Teis to Vice President, Sales and Marketing - Yahoo Finance

August 9, 2022 | finance.yahoo.com

AAON Announces Promotion of Rob Teis to Vice President, Sales and Marketing

August 9, 2022 | marketwatch.com

Ductless Heating & Cooling Systems Market 2022, Worth USD 90930 Mn by 2028 at CAGR of 4.4% – Report Spread across 92 Pages

August 9, 2022 | markets.businessinsider.com

Here's what Wall Street expects from AAON's earnings

August 9, 2022 | seekingalpha.com

AAON, Inc. (AAON) CEO Gary Fields on Q2 2022 Results - Earnings Call Transcript

August 9, 2022 | benzinga.com

AAON: Q2 Earnings Insights - Benzinga

August 9, 2022 | investing.com

AAON, Inc. Misses Q2 EPS by 11c By Investing.com - Investing.com

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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AAON Company Calendar

Last Earnings: 8/08/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Refrigeration & heating equipment
Sub-Industry: Building Products
Sector: Construction
Current Symbol: NASDAQ:AAON
CUSIP: 00036020
CIK: 824142
Web: www.aaon.com
Phone: (918) 583-2266
Fax: 918-583-6094
Employees: 2,881
Year Founded: 1988

Price Target and Rating

Average Stock Price Forecast: $72.33
High Stock Price Forecast: $73.00
Low Stock Price Forecast: $72.00
Forecasted Upside/Downside: +34.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.03
Trailing P/E Ratio: 52.31
Forward P/E Ratio: 33.68
P/E Growth: N/A
Net Income: $58.76 million
Net Margins: 8.37%
Pretax Margin: 10.27%
Return on Equity: 12.87%
Return on Assets: 8.89%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 2.40
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $534.52 million
Price / Sales: 5.36
Cash Flow: $1.75 per share
Price / Cash Flow: 30.78
Book Value: $8.89 per share
Price / Book: 6.06

Miscellaneous

Outstanding Shares: 53,160,000
Free Float: 42,915,000
Market Cap: $2.86 billion
Optionable: Optionable
Beta: 0.70

Social Links

Key Executives

Mr. Gary D. Fields (Age 62)
Pres, CEO & Director
Comp: $1.47M

Mr. Norman H. Asbjornson (Age 86)
Founder, Consultant & Director
Comp: $1.09M

Ms. Rebecca A. Thompson (Age 43)
VP of Fin. & CFO
Comp: $521.84k

Mr. Stephen E. Wakefield (Age 45)
VP of Engineering & COO
Comp: $509.07k

Mr. Christopher Douglas Eason (Age 39)
Chief Accounting Officer

Mr. Xerxes Gazder
Chief Information Officer

Mr. Casey R. Kidwell (Age 44)
VP of Admin.

Mr. Joseph Logan Mondillo C.F.A. (Age 39)
Director of Investor Relations

Mr. Luke A. Bomer
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AAON Stock - Frequently Asked Questions

Should I buy or sell AAON stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AAON in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AAON shares.
View AAON analyst ratings or view top-rated stocks.
What is AAON's stock price forecast for 2022?: 3 analysts have issued 12-month price targets for AAON's shares. Their AAON share price forecasts range from $72.00 to $73.00. On average, they anticipate the company's share price to reach $72.33 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
View analysts price targets for AAON or view top-rated stocks among Wall Street analysts.
How have AAON shares performed in 2022?: AAON's stock was trading at $79.43 at the beginning of the year. Since then, AAON shares have decreased by 32.2% and is now trading at $53.88.
View the best growth stocks for 2022 here.
When is AAON's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our AAON earnings forecast.
How were AAON's earnings last quarter?: AAON, Inc. (NASDAQ:AAON) announced its earnings results on Monday, August, 8th. The construction company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.11. The construction company had revenue of $208.80 million for the quarter, compared to the consensus estimate of $204.33 million. AAON had a net margin of 8.37% and a trailing twelve-month return on equity of 12.87%. AAON's revenue was up 45.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 earnings per share.
How often does AAON pay dividends? What is the dividend yield for AAON?: AAON declared a Semi-Annual dividend on Wednesday, May 18th. Stockholders of record on Friday, June 3rd will be given a dividend of $0.19 per share on Friday, July 1st. This represents a yield of 0.7%. The ex-dividend date is Thursday, June 2nd.
Read our dividend analysis for AAON.
Is AAON a good dividend stock?: AAON (NASDAQ:AAON) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 36.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAON will have a dividend payout ratio of 14.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAON.
When did AAON's stock split?: Shares of AAON split on Thursday, July 17th 2014. The 3-2 split was announced on Thursday, June 5th 2014. The newly minted shares were issued to shareholders after the closing bell on Wednesday, July 16th 2014. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is Norm Asbjornson's approval rating as AAON's CEO?: 36 employees have rated AAON Chief Executive Officer Norm Asbjornson on Glassdoor.com. Norm Asbjornson has an approval rating of 54% among the company's employees. This puts Norm Asbjornson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of AAON own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AAON investors own include Alibaba Group (BABA), Gilead Sciences (GILD), Cisco Systems (CSCO), CVS Health (CVS), Lockheed Martin (LMT), Accenture (ACN), NVIDIA (NVDA), Visa (V), AbbVie (ABBV) and Illumina (ILMN).
What is AAON's stock symbol?: AAON trades on the NASDAQ under the ticker symbol "AAON."
How do I buy shares of AAON?: Shares of AAON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AAON's stock price today?: One share of AAON stock can currently be purchased for approximately $53.88.
How much money does AAON make?: AAON (NASDAQ:AAON) has a market capitalization of $2.86 billion and generates $534.52 million in revenue each year. The construction company earns $58.76 million in net income (profit) each year or $1.03 on an earnings per share basis.
How many employees does AAON have?: The company employs 2,881 workers across the globe.
Does AAON have any subsidiaries?: The following companies are subsidiares of AAON: AAON Coil Products Inc Texas, and AAON Inc Oklahoma.
Read More
How can I contact AAON?: AAON's mailing address is 2425 SOUTH YUKON AVENUE, TULSA OK, 74107. The official website for the company is www.aaon.com. The construction company can be reached via phone at (918) 583-2266, via email at investor1@aaon.com, or via fax at 918-583-6094.

This page (NASDAQ:AAON) was last updated on 10/2/2022 by MarketBeat.com Staff

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AAON - AAON Stock Forecast, Price & News

AAON MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month