AAON (AAON) Expected to Announce Earnings on Thursday

AAON (NASDAQ:AAON - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect AAON to post earnings of $0.54 per share and revenue of $320.49 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

AAON Trading Down 6.3 %

Shares of AAON traded down $6.96 during trading on Friday, reaching $103.63. 930,539 shares of the company traded hands, compared to its average volume of 694,606. The stock has a 50-day simple moving average of $120.75 and a 200-day simple moving average of $113.69. The stock has a market cap of $8.42 billion, a PE ratio of 45.65 and a beta of 0.87. AAON has a twelve month low of $70.28 and a twelve month high of $144.07. The company has a quick ratio of 1.79, a current ratio of 3.06 and a debt-to-equity ratio of 0.07.

Analyst Ratings Changes

Several analysts recently weighed in on AAON shares. Robert W. Baird lifted their target price on shares of AAON from $130.00 to $138.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Baird R W raised AAON from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 28th. Finally, DA Davidson increased their target price on AAON from $102.00 to $150.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $133.00.

Insiders Place Their Bets

In related news, CFO Rebecca Thompson sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $138.00, for a total transaction of $690,000.00. Following the sale, the chief financial officer now directly owns 17,297 shares in the company, valued at approximately $2,386,986. This represents a 22.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Stephen E. Wakefield sold 5,362 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $130.99, for a total transaction of $702,368.38. Following the completion of the sale, the vice president now directly owns 4,558 shares in the company, valued at approximately $597,052.42. This trade represents a 54.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,112 shares of company stock worth $2,196,563 in the last ninety days. 18.55% of the stock is owned by corporate insiders.

AAON Company Profile

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.