Alert: New Earnings Report (4/25/24)-A. O. Smith Corp (NYSE: AOS).

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A. O. Smith Corp (NYSE: AOS) has reported E.P.S. of $1.00 for its first fiscal quarter (ending March 31) versus $0.84 for the same period a year ago. E.P.S. were $3.87 for the latest four quarters through March 31 versus $1.58 for the same period a year ago.

Recent Price Action

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A. O. Smith Corp (NYSE: AOS) stock closed at $82.82 on 4/25/24 after a decline of -4.8%. Moreover, this decline was accompanied by exceptionally high trading volume at 240% of normal. The stock has declined -4.2% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, AOS is expected to continue to be a major Value Builder.

A. O. Smith has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. A. O. Smith has a very low Appreciation Score of 11 but a good Power Rating of 80, triggering the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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