A. O. Smith’s (AOS) “Hold (C)” Rating Reiterated at Weiss Ratings

A. O. Smith (NYSE:AOS)‘s stock had its “hold (c)” rating reissued by Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

A number of other equities research analysts have also weighed in on the stock. UBS Group cut their target price on shares of A. O. Smith from $80.00 to $74.00 and set a “neutral” rating on the stock in a research note on Friday. Citigroup dropped their price objective on shares of A. O. Smith from $78.00 to $73.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Robert W. Baird dropped their price objective on shares of A. O. Smith from $82.00 to $81.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Stifel Nicolaus dropped their price target on shares of A. O. Smith from $90.00 to $84.00 and set a “buy” rating for the company in a research report on Friday. Finally, Oppenheimer dropped their price target on shares of A. O. Smith from $88.00 to $84.00 and set an “outperform” rating for the company in a research report on Friday. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $80.86.

A. O. Smith Price Performance

AOS stock opened at $67.07 on Friday. The firm’s 50-day moving average price is $70.55 and its two-hundred day moving average price is $77.04. The stock has a market capitalization of $9.72 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 1.49 and a beta of 1.17. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. A. O. Smith has a 12-month low of $65.53 and a 12-month high of $92.44.

A. O. Smith (NYSE:AOS) last announced its earnings results on Thursday, January 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.05). A. O. Smith had a net margin of 13.98% and a return on equity of 28.87%. As a group, equities analysts predict that A. O. Smith will post 3.76 earnings per share for the current year.

Institutional Investors Weigh In On A. O. Smith

Hedge funds and other institutional investors have recently made changes to their positions in the company. Waldron Private Wealth LLC bought a new stake in shares of A. O. Smith in the 3rd quarter valued at about $32,000. Wolff Wiese Magana LLC acquired a new stake in A. O. Smith during the 3rd quarter worth $37,000. Brooklyn Investment Group acquired a new position in shares of A. O. Smith during the 3rd quarter valued at about $43,000. Truvestments Capital LLC acquired a new position in A. O. Smith in the third quarter valued at about $55,000. Finally, Ridgewood Investments LLC purchased a new stake in A. O. Smith during the fourth quarter worth about $60,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

About A. O. Smith

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices.