AAON (AAON) Receiving Somewhat Favorable Press Coverage, Study Shows
Media stories about AAON (NASDAQ:AAON) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AAON earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.3647799641851 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
AAON (AAON) traded up 0.31% during trading on Wednesday, hitting $32.10. 26,120 shares of the stock were exchanged. The stock has a market cap of $1.69 billion, a P/E ratio of 33.44 and a beta of 0.96. The stock has a 50 day moving average of $34.61 and a 200-day moving average of $35.53. AAON has a 52 week low of $26.51 and a 52 week high of $38.20.
AAON (NASDAQ:AAON) last posted its earnings results on Thursday, August 3rd. The construction company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.02. The firm had revenue of $101.30 million for the quarter, compared to analysts’ expectations of $111.24 million. AAON had a net margin of 13.32% and a return on equity of 24.33%. AAON’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. Equities analysts expect that AAON will post $1.00 EPS for the current fiscal year.
A number of equities analysts have recently issued reports on the stock. BidaskClub cut shares of AAON from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research cut shares of AAON from a “hold” rating to a “sell” rating in a research report on Monday, May 8th.
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In other news, VP Scott M. Asbjornson sold 9,815 shares of AAON stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $36.71, for a total transaction of $360,308.65. Following the completion of the transaction, the vice president now directly owns 860,165 shares of the company’s stock, valued at approximately $31,576,657.15. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 22.25% of the stock is owned by insiders.
AAON Company Profile
AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.
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