Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for A. O. Smith Corp (NYSE: AOS) weakened during the last several trading days. AOS’ current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
A. O. Smith Corp (NYSE: AOS) stock rose slightly by 0.2% on 5/20/24. The stock closed at $85.81. However, below average trading volume at 70% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
AOS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
A. O. Smith has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. A. O. Smith has a very low Appreciation Score of 12 but a good Power Rating of 74, resulting in the Negative Value Trend Rating.
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