AAON (AAON) Set to Announce Quarterly Earnings on Thursday

AAON (NASDAQ:AAON) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Individual that wish to listen to the company’s earnings conference call can do so using this link.

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

AAON Stock Performance

Shares of NASDAQ AAON opened at $89.67 on Thursday. AAON has a 12-month low of $52.24 and a 12-month high of $93.30. The company has a market cap of $7.36 billion, a PE ratio of 42.03 and a beta of 0.91. The stock has a 50 day simple moving average of $85.07 and a 200-day simple moving average of $72.73. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Monday, March 18th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend was Friday, March 15th. AAON’s payout ratio is currently 15.00%.

Insider Transactions at AAON

In related news, Director Norman H. Asbjornson sold 19,136 shares of AAON stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $81.30, for a total transaction of $1,555,756.80. Following the sale, the director now directly owns 14,874 shares in the company, valued at $1,209,256.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Norman H. Asbjornson sold 19,136 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $81.30, for a total value of $1,555,756.80. Following the completion of the transaction, the director now directly owns 14,874 shares in the company, valued at $1,209,256.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Norman H. Asbjornson sold 805 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $4,247,970.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 44,596 shares of company stock valued at $3,613,768. 18.55% of the stock is currently owned by corporate insiders.

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.