A. O. Smith (AOS) Projected to Post Quarterly Earnings on Thursday

A. O. Smith (NYSE:AOS) will likely be announcing its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $954,147.82 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

A. O. Smith Stock Performance

NYSE AOS opened at $71.50 on Tuesday. The company has a market capitalization of $10.37 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.47 and a beta of 1.18. A. O. Smith has a twelve month low of $67.17 and a twelve month high of $92.44. The stock has a fifty day simple moving average of $71.04 and a 200 day simple moving average of $77.79. The company has a quick ratio of 1.02, a current ratio of 1.67 and a debt-to-equity ratio of 0.06.

A. O. Smith Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.34 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.36 dividend on an annualized basis and a yield of 1.90%. A. O. Smith’s payout ratio is 35.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AOS. Oppenheimer upgraded A. O. Smith from a “market perform” rating to an “outperform” rating and set a $88.00 target price for the company in a research note on Tuesday, January 14th. StockNews.com cut shares of A. O. Smith from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Citigroup dropped their price target on shares of A. O. Smith from $78.00 to $73.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. DA Davidson cut shares of A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 price target on the stock. in a research report on Wednesday, October 23rd. Finally, Robert W. Baird dropped their price target on shares of A. O. Smith from $82.00 to $81.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $83.14.

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.