Time to Buy Beat-Down A. O. Smith Corporation (AOS) Stock? Here is the INSIGHT

Let’s start up with the current stock price of A. O. Smith Corporation (AOS), which is $48.97 to be very precise. The Stock rose vividly during the last session to $49.75 after opening rate of $49.41 while the lowest price it went was recorded $48.81 before closing at $49.36.

Recently in News on July 30, 2020, A. O. Smith Reports 2020 Second Quarter Financial Results. Global water technology company A. O. Smith Corporation (the “Company”) (NYSE: AOS) today announced second quarter net earnings of $67.8 million or $0.42 per share on second quarter sales of $663.9 million. Sales were 13 percent lower than sales of $765.4 million reported in the same quarter of 2019. Net earnings in 2019 were $102.1 million or $0.61 per share. You can read further details here

A. O. Smith Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $53.72 on 07/29/20, with the lowest value was $33.81 for the same time period, recorded on 03/23/20.

A. O. Smith Corporation (AOS) full year performance was 5.27%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, A. O. Smith Corporation shares are logging -8.84% during the 52-week period from high price, and 44.86% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $33.81 and $53.72.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1196763 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the A. O. Smith Corporation (AOS) recorded performance in the market was 2.79%, having the revenues showcasing 2.28% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 7.88B, as it employees total of 15100 workers.

The Analysts eye on A. O. Smith Corporation (AOS)

During the last month, 0 analysts gave the A. O. Smith Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 46.52, with a change in the price was noted +8.75. In a similar fashion, A. O. Smith Corporation posted a movement of +21.76% for the period of last 100 days, recording 1,264,547 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AOS is recording 0.17 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.17.

Technical rundown of A. O. Smith Corporation (AOS)

Raw Stochastic average of A. O. Smith Corporation in the period of last 50 days is set at 51.73%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 48.50%. In the last 20 days, the company’s Stochastic %K was 56.17% and its Stochastic %D was recorded 52.67%.

Considering, the past performance of A. O. Smith Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 2.79%. Additionally, trading for the stock in the period of the last six months notably improved by 26.54%, alongside a boost of 5.27% for the period of the last 12 months. The shares increased approximately by -1.49% in the 7-day charts and went down by 1.72% in the period of the last 30 days. Common stock shares were driven by 2.28% during last recorded quarter.