Aaon Inc Stock Today

AAON Stock  USD 89.67  1.11  1.25%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
AAON is selling at 89.67 as of the 25th of April 2024; that is 1.25% increase since the beginning of the trading day. The stock's open price was 88.56. AAON has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for AAON Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2023 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
16th of December 1992
Category
Industrials
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. The company has 82.1 M outstanding shares of which 2.42 M shares are presently shorted by private and institutional investors with about 5.12 trading days to cover. More on AAON Inc

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AAON Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AAON's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AAON or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorGary Fields
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering AAON report their recommendations after researching AAON's financial statements, talking to executives and customers, or listening in on AAON's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AAON Inc. The AAON consensus assessment is calculated by taking the average forecast from all of the analysts covering AAON.
Financial Strength
Based on the analysis of AAON's profitability, liquidity, and operating efficiency, AAON Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of AAON Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1805
Way Down
Very volatile
Asset Turnover1.871.1878
Way Up
Slightly volatile
Gross Profit Margin0.190.3297
Way Down
Slightly volatile
Total Current Liabilities133.1 M126.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total127.9 M121.8 M
Sufficiently Up
Slightly volatile
Total AssetsB983.8 M
Sufficiently Up
Slightly volatile
Total Current Assets429.4 M409 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities166.4 M158.5 M
Sufficiently Up
Slightly volatile
AAON's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AAON's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AAON's financial leverage. It provides some insight into what part of AAON's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on AAON's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how AAON deploys its capital and how much of that capital is borrowed.
Liquidity
AAON cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Other Non Cash Items

1.17 Million
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AAON's market, we take the total number of its shares issued and multiply it by AAON's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AAON Inc conducts business under Building Products sector and is part of Industrials industry. The entity has 82.1 M outstanding shares of which 2.42 M shares are presently shorted by private and institutional investors with about 5.12 trading days to cover. AAON Inc currently holds about 17.65 M in cash with 158.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check AAON Probability Of Bankruptcy
Ownership Allocation
AAON holds a total of 82.1 Million outstanding shares. The majority of AAON Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AAON Inc to benefit from reduced commissions. Thereupon, institutional investors are subject to a different set of regulations than regular investors in AAON. Please pay attention to any change in the institutional holdings of AAON Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check AAON Ownership Details

AAON Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of AAON jumping above the current price in 90 days from now is about 10.06%. The AAON Inc probability density function shows the probability of AAON stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7899. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AAON will likely underperform. Additionally, aAON Inc has an alpha of 0.211, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 89.67HorizonTargetOdds Above 89.67
89.86%90 days
 89.67 
10.06%
Based on a normal probability distribution, the odds of AAON to move above the current price in 90 days from now is about 10.06 (This AAON Inc probability density function shows the probability of AAON Stock to fall within a particular range of prices over 90 days) .

AAON Stock Institutional Holders

Institutional Holdings refers to the ownership stake in AAON that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AAON's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AAON's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.5 M
Goldman Sachs Group Inc2023-12-31
1.2 M
Wasatch Advisors Lp2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
837.8 K
T. Rowe Price Investment Management,inc.2023-12-31
822.5 K
Northern Trust Corp2023-12-31
803.8 K
Bank Of Oklahoma National Association2023-12-31
668.4 K
Bank Of New York Mellon Corp2023-12-31
612.4 K
Norges Bank2023-12-31
593.4 K
Blackrock Inc2023-12-31
10.3 M
Vanguard Group Inc2023-12-31
7.2 M
View AAON Diagnostics

AAON Historical Income Statement

AAON Inc Income Statement is one of the three primary financial statements used for reporting AAON's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AAON Inc revenue and expense. AAON Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AAON's Operating Income is very stable compared to the past year. As of the 25th of April 2024, EBIT is likely to grow to about 238.9 M, though Total Other Income Expense Net is likely to grow to (4.1 M). View More Fundamentals

AAON Stock Against Markets

Picking the right benchmark for AAON stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AAON stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AAON is critical whether you are bullish or bearish towards AAON Inc at a given time. Please also check how AAON's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AAON without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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AAON Corporate Directors

AAON corporate directors refer to members of an AAON board of directors. The board of directors generally takes responsibility for the AAON's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AAON's board members must vote for the resolution. The AAON board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Paul LackeyIndependent DirectorProfile
Jerry LevineIndependent DirectorProfile
Caron LawhornIndependent DirectorProfile
Jack ShortIndependent DirectorProfile

How to buy AAON Stock?

Before investing in AAON, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AAON. To buy AAON stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of AAON. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase AAON stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located AAON Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased AAON Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AAON Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AAON Stock please use our How to Invest in AAON guide.

Already Invested in AAON Inc?

The danger of trading AAON Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AAON is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AAON. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AAON Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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.
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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.