Scott Asbjornson - AAON CFO and VP of Fin.

AAON Stock  USD 86.93  0.26  0.30%   

CFO

Mr. Scott M. Asbjornson is Vice President, Finance and Chief Financial Officer of the company. He joined the Company in 1990 and is the son of the Companys CEO, Norman H. Asbjornson since 2012.
Age 49
Tenure 12 years
Address 2425 South Yukon Avenue, Tulsa, OK, United States, 74107
Phone918 583 2266
Webhttps://www.aaon.com
Scott Asbjornson has held various positions with the Company and AAON Coil Products, Inc., including Vice President and President of AAON Coil Products, Inc. He also serves as Vice President, Finance and CFO of AAONOklahoma. Scott also has a Master in Business Administration from the University of Tulsa.

AAON Management Efficiency

The company has return on total asset (ROA) of 0.1682 % which means that it generated a profit of $0.1682 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2741 %, meaning that it created $0.2741 on every $100 dollars invested by stockholders. AAON's management efficiency ratios could be used to measure how well AAON manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AAON's Return On Capital Employed is very stable compared to the past year. As of the 28th of March 2024, Return On Equity is likely to grow to 0.26, while Return On Assets are likely to drop 0.11. At this time, AAON's Other Assets are very stable compared to the past year. As of the 28th of March 2024, Fixed Asset Turnover is likely to grow to 4.90, while Net Tangible Assets are likely to drop about 259 M.
The company currently holds 62.74 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. AAON Inc has a current ratio of 2.35, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist AAON until it has trouble settling it off, either with new capital or with free cash flow. So, AAON's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AAON Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AAON to invest in growth at high rates of return. When we think about AAON's use of debt, we should always consider it together with cash and equity.

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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 was incorporated in 1987 and is based in Tulsa, Oklahoma. Aaon operates under Building Products Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 2881 people. AAON Inc (AAON) is traded on NASDAQ Exchange in USA. It is located in 2425 South Yukon Avenue, Tulsa, OK, United States, 74107 and employs 3,856 people. AAON is listed under Building Products category by Fama And French industry classification.

Management Performance

AAON Inc Leadership Team

Elected by the shareholders, the AAON's board of directors comprises two types of representatives: AAON inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AAON. The board's role is to monitor AAON's management team and ensure that shareholders' interests are well served. AAON's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AAON's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Fields, CEO Director
Stephen Wakefield, VP Oklahoma
Christopher Eason, Chief Officer
Gordon Wichman, Vice President
SE Tobolski, President COO
Joseph CFA, Director Relations
Paul Lackey, Independent Director
Luke Bomer, Sec
Jerry Levine, Independent Director
Caron Lawhorn, Independent Director
Kathy Sheffield, Sr. VP of Admin., Treasurer, VP of AAON Properties, VP of AAON Canada, Treasurer of AAON Canada, Treasurer of ACP and Treasurer of AAON Properties
Jack Short, Independent Director
Scott Asbjornson, CFO and VP of Fin.
Mikel Crews, Vice President - Operations
A McElroy, Independent Director
Robert Fergus, VP of Manufacturing, VP of AAON Canada and VP of AAON Properties
Angela Kouplen, Director
Rebecca Thompson, Chief Accounting Officer
Casey Kidwell, Vice Administration
Xerxes Gazder, Chief Officer
Sam Neale, Vice President
Norman Asbjornson, CEO and President and Director
Stephen LeClair, Independent Director

AAON Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AAON a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

AAON Investors Sentiment

The influence of AAON's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAON. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AAON's public news can be used to forecast risks associated with an investment in AAON. The trend in average sentiment can be used to explain how an investor holding AAON can time the market purely based on public headlines and social activities around AAON Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AAON's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AAON's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AAON's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AAON.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AAON in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AAON's short interest history, or implied volatility extrapolated from AAON options trading.

Pair Trading with AAON

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAON will appreciate offsetting losses from the drop in the long position's value.

Moving together with AAON Stock

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The ability to find closely correlated positions to AAON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAON Inc to buy it.
The correlation of AAON is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAON Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AAON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AAON Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AAON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aaon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aaon Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running AAON's price analysis, check to measure AAON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AAON is operating at the current time. Most of AAON's value examination focuses on studying past and present price action to predict the probability of AAON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAON's price. Additionally, you may evaluate how the addition of AAON to your portfolios can decrease your overall portfolio volatility.
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Is AAON's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AAON. If investors know AAON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AAON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
0.32
Earnings Share
2.13
Revenue Per Share
14.398
Quarterly Revenue Growth
0.168
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AAON's market value can be influenced by many factors that don't directly affect AAON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.