AAON (AAON) Expected to Announce Quarterly Earnings on Thursday

AAON (NASDAQ:AAON) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect AAON to post earnings of $0.24 per share and revenue of $289.16 million for the quarter.

AAON Price Performance

AAON stock opened at $82.06 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 36.15 and a beta of 0.96. The firm has a 50-day moving average of $84.94 and a two-hundred day moving average of $109.57. AAON has a 1 year low of $68.98 and a 1 year high of $144.07.

AAON announced that its Board of Directors has authorized a share buyback plan on Tuesday, March 4th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the construction company to purchase up to 0.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

AAON Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Tuesday, March 18th were issued a $0.10 dividend. This is a positive change from AAON’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, March 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.49%. AAON’s payout ratio is presently 19.90%.

Insider Activity

In related news, Director David Raymond Stewart purchased 1,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price of $80.86 per share, for a total transaction of $80,860.00. Following the purchase, the director now owns 3,000 shares of the company’s stock, valued at $242,580. This trade represents a 50.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 18.55% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on AAON. CJS Securities raised AAON from a “market perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Friday, February 28th. StockNews.com downgraded shares of AAON from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. DA Davidson dropped their target price on AAON from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Finally, Robert W. Baird reduced their price target on AAON from $155.00 to $116.00 and set an “outperform” rating for the company in a research report on Friday, February 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $115.50.

AAON Company Profile

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.