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. Parties interested in registering for the company’s conference call can do so using this link.

A. O. Smith Stock Up 1.3 %

Shares of NYSE:AOS opened at $71.50 on Tuesday. The firm has a market capitalization of $10.37 billion, a P/E ratio of 18.82, a P/E/G ratio of 1.47 and a beta of 1.18. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.02 and a current ratio of 1.67. The stock has a 50 day moving average price of $71.04 and a 200-day moving average price of $77.79. A. O. Smith has a 52-week low of $67.17 and a 52-week high of $92.44.

A. O. Smith Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently commented on AOS. Robert W. Baird lowered their target price on A. O. Smith from $82.00 to $81.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Weiss Ratings restated a “hold (c)” rating on shares of A. O. Smith in a research note on Saturday, January 18th. 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. UBS Group upgraded A. O. Smith from a “sell” rating to a “neutral” rating and raised their target price for the company from $75.00 to $80.00 in a research note on Wednesday, October 23rd. Finally, Citigroup reduced their price objective on A. O. Smith from $78.00 to $73.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus 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.