AAON (AAON) Expected to Announce Earnings on Wednesday

AAON (NASDAQ:AAON) is projected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $320.49 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

AAON Price Performance

Shares of NASDAQ AAON opened at $114.86 on Wednesday. The firm has a market cap of $9.34 billion, a P/E ratio of 50.60 and a beta of 0.87. The company has a current ratio of 3.06, a quick ratio of 1.79 and a debt-to-equity ratio of 0.07. AAON has a 1-year low of $70.28 and a 1-year high of $144.07. The business’s 50 day moving average is $121.81 and its 200-day moving average is $113.50.

Insider Activity at AAON

In other AAON news, CFO Rebecca Thompson sold 5,000 shares of AAON stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $138.00, for a total transaction of $690,000.00. Following the completion of the transaction, the chief financial officer now owns 17,297 shares in the company, valued at approximately $2,386,986. The trade was a 22.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Stephen E. Wakefield sold 5,750 shares of AAON stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $139.86, for a total value of $804,195.00. Following the transaction, the vice president now owns 9,920 shares of the company’s stock, valued at $1,387,411.20. This trade represents a 36.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,112 shares of company stock valued at $2,196,563 in the last three months. Corporate insiders own 18.55% of the company’s stock.

Analyst Ratings Changes

AAON has been the topic of a number of recent research reports. Baird R W upgraded AAON from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 28th. DA Davidson raised their price objective on AAON from $102.00 to $150.00 and gave the company a “buy” rating in a report on Friday, November 8th. Robert W. Baird raised their price objective on AAON from $130.00 to $138.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Sidoti downgraded AAON from a “buy” rating to a “neutral” rating and raised their price objective for the company from $102.00 to $111.00 in a report on Tuesday, October 22nd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $133.00.

About AAON

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.