A. O. Smith (AOS) Set to Announce Quarterly Earnings on Tuesday

A. O. Smith (NYSE:AOS) will issue its quarterly earnings data before the market opens on Tuesday, January 30th. Analysts expect the company to announce earnings of $0.56 per share for the quarter.

A. O. Smith (NYSE:AOS) last issued its earnings results on Wednesday, October 25th. The industrial products company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.01. The company had revenue of $749.90 million during the quarter, compared to the consensus estimate of $741.28 million. A. O. Smith had a return on equity of 22.42% and a net margin of 12.18%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $0.47 EPS. On average, analysts expect A. O. Smith to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of A. O. Smith (NYSE:AOS) opened at $67.00 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.32 and a quick ratio of 1.92. The company has a market capitalization of $11,526.05, a PE ratio of 32.84, a PEG ratio of 2.25 and a beta of 1.55. A. O. Smith has a 12 month low of $46.44 and a 12 month high of $67.07.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.18 dividend. The ex-dividend date is Tuesday, January 30th. This is an increase from A. O. Smith’s previous quarterly dividend of $0.14. This represents a $0.72 annualized dividend and a dividend yield of 1.07%. A. O. Smith’s dividend payout ratio (DPR) is currently 27.45%.

In other A. O. Smith news, insider Peter R. Martineau sold 22,267 shares of A. O. Smith stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $59.33, for a total transaction of $1,321,101.11. Following the transaction, the insider now owns 17,528 shares of the company’s stock, valued at approximately $1,039,936.24. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark A. Petrarca sold 5,288 shares of A. O. Smith stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $63.14, for a total transaction of $333,884.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 100,156 shares of company stock worth $6,092,537. Insiders own 1.27% of the company’s stock.

AOS has been the subject of several research reports. Robert W. Baird restated a “buy” rating and issued a $68.00 target price on shares of A. O. Smith in a research note on Friday, October 27th. Zacks Investment Research downgraded A. O. Smith from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. SunTrust Banks reiterated a “buy” rating and set a $65.00 price target on shares of A. O. Smith in a research note on Thursday, October 12th. Stifel Nicolaus reiterated a “hold” rating and set a $59.00 price target on shares of A. O. Smith in a research note on Monday, December 11th. Finally, Boenning Scattergood downgraded A. O. Smith from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 25th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. A. O. Smith currently has a consensus rating of “Hold” and an average price target of $62.40.

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A. O. Smith 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.

Earnings History for A. O. Smith (NYSE:AOS)

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