AAON (AAON) Set to Announce Quarterly Earnings on Thursday

AAON (NASDAQ:AAON) is set to issue its quarterly earnings data after the market closes on Thursday, May 2nd. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

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

AAON Trading Up 1.3 %

NASDAQ:AAON opened at $89.67 on Thursday. The company has a market capitalization of $7.36 billion, a PE ratio of 42.03 and a beta of 0.91. AAON has a 52-week low of $52.24 and a 52-week high of $93.30. The stock’s 50 day moving average price is $85.07 and its 200 day moving average price is $72.73. The company has a quick ratio of 1.54, a current ratio of 3.23 and a debt-to-equity ratio of 0.05.

AAON Dividend Announcement

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

Insider Activity at AAON

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

About AAON

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.