Alert: New Earnings Report (10/22/24)-A. O. Smith Corp (NYSE: AOS).

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For its third fiscal quarter (ending September 30), A. O. Smith Corp (NYSE: AOS) has reported E.P.S. of $0.82 compared to $0.90 a year ago. E.P.S. were $3.80 for the latest four quarters through September 30 versus $2.01 for the same period a year ago.

Recent Price Action

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A. O. Smith Corp (NYSE: AOS) stock declined slightly by -0.5% on 10/22/24. The stock closed at $78.21. Moreover, trading volume in this decline was unusually high at 161% of normal. The stock has performed in line with the market over the last nine months and has declined -5.3% 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. A. O. Smith has a very low Appreciation Score of 15 but a neutral Power Rating of 54, leading to the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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