AAON (AAON) Scheduled to Post Earnings on Thursday

AAON (NASDAQ:AAON) is scheduled to release its earnings data after the market closes on Thursday, May 2nd. Investors interested in listening to the company’s conference call can do so using this link.

AAON (NASDAQ:AAON) last released its earnings results on Wednesday, February 28th. The construction company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.03. AAON had a return on equity of 27.20% and a net margin of 15.20%. The business had revenue of $306.60 million during the quarter, compared to the consensus estimate of $294.35 million. During the same period last year, the company earned $0.47 earnings per share. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. On average, analysts expect AAON to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

AAON Stock Up 0.3 %

NASDAQ:AAON opened at $94.09 on Wednesday. AAON has a twelve month low of $52.24 and a twelve month high of $96.34. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 44.10 and a beta of 0.91. The stock has a fifty day simple moving average of $85.91 and a 200-day simple moving average of $73.93. The company has a current ratio of 3.23, a quick ratio of 1.54 and a debt-to-equity ratio of 0.05.

AAON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Monday, March 18th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, March 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.34%. AAON’s dividend payout ratio is currently 15.00%.

Insider Transactions at AAON

In related news, Director Norman H. Asbjornson sold 805 shares of AAON stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $80.01, for a total transaction of $64,408.05. Following the completion of the sale, the director now owns 53,093 shares of the company’s stock, valued at $4,247,970.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Stephen E. Wakefield sold 24,655 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $80.86, for a total value of $1,993,603.30. Following the sale, the vice president now owns 15,992 shares in the company, valued at $1,293,113.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Norman H. Asbjornson sold 805 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $80.01, for a total value of $64,408.05. Following the completion of the sale, the director now owns 53,093 shares in the company, valued at approximately $4,247,970.93. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 44,596 shares of company stock worth $3,613,768. Insiders own 18.55% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, William Blair initiated coverage on AAON in a research note on Monday. They issued an “outperform” rating on the stock.

AAON Company Profile

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.