A.O. Smith Corp. (NYSE:AOS) does about 998.82K shares in volume on a normal day but saw 558239 shares change hands in Friday trading. The company now has a market cap of 12.41B USD. Its current market price is $84.31, marking an increase of 0.91% compared to the previous close of $83.55. The 52 week high reached by this stock is $89.96 whilst the lowest price level in 52 weeks is $63.88.
A.O. Smith Corp. (AOS) has a 20-day trading average at $85.35 and the current price is -6.28% off the 52-week high compared with 31.98% distance from its 52-week low. The 50-day simple moving average of the closing price is $85.87 and its 200-day simple moving average is $77.09. If we look at the stock’s price movements over the week, volatility stands at 1.71%, which increases to 2.02% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.91 to suggest the stock is neutral.
The consensus objective for the share price is $88.23, suggesting that the stock has a potential upside of 4.44% over the period.
Loop Capital downgraded the stock to “Hold” from Buy on January 17, 2023 at a price target of $67-$65. UBS downgraded its price target at $65-$58.
A.O. Smith Corp. (AOS) stock is up 1.32% over the week and -3.25% over the past month. Its price is 2.27% year-to-date and 21.38% over the past year.
To reach the target analysts have set, the stock logically needs to grow 4.44 percent from here.
The company has a return on investment of 28.61% and return on equity of 31.44%. The price to earnings ratio (P/E ratio) amounts to 21.92 while the forward price to earnings ratio is 19.33. The beta has a value of 1.19. Price to book ratio is 6.61 and price to sales ratio is 3.21.
