News coverage about AAON (NASDAQ:AAON) has been trending positive this week, according to Alpha One Sentiment Analysis. The research group, a service of Accern, ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AAON earned a media sentiment score of 0.44 on Alpha One’s scale. Alpha One also assigned news headlines about the construction company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Separately, Zacks Investment Research lowered AAON from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th.
AAON (AAON) traded down 0.93% during midday trading on Friday, hitting $37.30. The stock had a trading volume of 221,775 shares. The stock’s 50-day moving average is $36.81 and its 200-day moving average is $34.89. The company has a market cap of $1.96 billion, a P/E ratio of 38.45 and a beta of 0.95. AAON has a one year low of $25.33 and a one year high of $38.20.
AAON (NASDAQ:AAON) last released its earnings results on Thursday, May 4th. The construction company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by $0.01. AAON had a return on equity of 25.28% and a net margin of 13.43%. The business had revenue of $86.10 million for the quarter, compared to analyst estimates of $87.58 million. During the same period in the prior year, the firm posted $0.22 EPS. AAON’s revenue was up .8% on a year-over-year basis. Equities analysts predict that AAON will post $1.08 EPS for the current fiscal year.
The firm also recently announced a semiannual dividend, which will be paid on Friday, July 7th. Shareholders of record on Friday, June 9th will be issued a dividend of $0.13 per share. This represents a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, June 7th. AAON’s dividend payout ratio is presently 27.08%.
In other AAON news, VP Scott M. Asbjornson sold 9,815 shares of AAON stock in a transaction 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 sale, the vice president now owns 860,165 shares of the company’s stock, valued at approximately $31,576,657.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 22.25% of the stock is currently owned by insiders.
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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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