AAON (AAON) Projected to Post Earnings on Wednesday

AAON (NASDAQ:AAON) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $320.49 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

AAON Stock Up 1.5 %

AAON stock opened at $114.86 on Wednesday. The firm has a market cap of $9.34 billion, a PE ratio of 50.60 and a beta of 0.87. AAON has a 12 month low of $70.28 and a 12 month high of $144.07. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. The firm has a 50 day simple moving average of $121.81 and a 200 day simple moving average of $113.50.

Wall Street Analyst Weigh In

Several analysts have issued reports on AAON shares. DA Davidson upped their price objective on shares of AAON from $102.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Sidoti downgraded shares of AAON from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $102.00 to $111.00 in a research report on Tuesday, October 22nd. Robert W. Baird raised their price target on shares of AAON from $130.00 to $138.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Baird R W upgraded shares of AAON from a “hold” rating to a “strong-buy” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $133.00.

Insider Transactions at AAON

In related news, VP Stephen E. Wakefield sold 5,750 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $139.86, for a total transaction of $804,195.00. Following the completion of the transaction, the vice president now owns 9,920 shares in the company, valued at $1,387,411.20. This trade represents a 36.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rebecca Thompson sold 5,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $138.00, for a total value of $690,000.00. Following the sale, the chief financial officer now owns 17,297 shares of the company’s stock, valued at approximately $2,386,986. The trade was a 22.42 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 16,112 shares of company stock valued at $2,196,563. Company insiders own 18.55% of the company’s stock.

About AAON

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 operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.