For its third fiscal quarter (ending September 30), AAON Inc (NASDAQ: AAON) has reported a 10% increase in E.P.S. from $0.59 a year ago to $0.65 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.35 compared to $2.10 a year ago — an increase of 12%.
Recent Price Action
AAON Inc (NASDAQ: AAON) stock declined slightly by -1.0% on 11/7/24. The stock closed at $119.10. Moreover, unusually high trading volume at 163% of normal accompanied the decline. The stock has risen 3.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AAON is expected to continue to be a major Value Builder.
AAON has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AAON has a poor Appreciation Score of 22 but a very high Power Rating of 95, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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