News headlines about Smith (A.O.) Corporation (NYSE:AOS) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Smith (A.O.) Corporation earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 48.0008221978353 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Northcoast Research Weighs in on Smith (A.O.) Corporation’s FY2017 Earnings (AOS) (americanbankingnews.com)
- Smith (A.O.) Corporation (AOS) Ex-Dividend Date Scheduled for … – Nasdaq (nasdaq.com)
- Brokers Offer Predictions for Smith (A.O.) Corporation’s Q4 2017 Earnings (AOS) (americanbankingnews.com)
- Q4 2017 EPS Estimates for Smith (A.O.) Corporation (AOS) Boosted by Northcoast Research (americanbankingnews.com)
- William Blair Analysts Raise Earnings Estimates for Smith (A.O.) Corporation (AOS) (americanbankingnews.com)
Shares of Smith (AOS) opened at 59.60 on Monday. The firm has a 50-day moving average price of $59.75 and a 200 day moving average price of $56.06. The firm has a market cap of $10.28 billion, a P/E ratio of 30.25 and a beta of 1.49. Smith has a one year low of $43.66 and a one year high of $62.16.
Smith (A.O.) Corporation (NYSE:AOS) last released its quarterly earnings data on Wednesday, October 25th. The industrial products company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. Smith (A.O.) Corporation had a return on equity of 22.42% and a net margin of 12.18%. The business had revenue of $749.90 million for the quarter, compared to the consensus estimate of $741.28 million. During the same quarter in the prior year, the business posted $0.47 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, analysts forecast that Smith will post $2.13 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, October 30th. This represents a $0.56 dividend on an annualized basis and a yield of 0.94%. Smith (A.O.) Corporation’s dividend payout ratio is presently 27.45%.
Several equities research analysts have weighed in on the company. Boenning Scattergood downgraded Smith (A.O.) Corporation from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 25th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $65.00 price target on shares of Smith (A.O.) Corporation in a report on Thursday, October 12th. Stifel Nicolaus reissued a “hold” rating and issued a $59.00 price target on shares of Smith (A.O.) Corporation in a report on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and issued a $64.00 price target on shares of Smith (A.O.) Corporation in a report on Wednesday, October 4th. Finally, KeyCorp reissued a “hold” rating on shares of Smith (A.O.) Corporation in a report on Tuesday, September 12th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Smith (A.O.) Corporation presently has a consensus rating of “Hold” and an average target price of $62.80.
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In related news, Director Paul W. Jones sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $54.02, for a total transaction of $3,241,200.00. Following the transaction, the director now owns 277,465 shares in the company, valued at approximately $14,988,659.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.27% of the company’s stock.
Smith (A.O.) Corporation Company Profile
A. O. Smith Corporation operates through two segments: North America and Rest of World. The Company’s Rest of World segment primarily consists of China, Europe and India. Both segments manufacture and market comprehensive lines of residential and commercial gas, gas tankless and electric water heaters, as well as water treatment products.
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