AOS Stock Summary and Trading Ideas (A.O. Smith | NYSE:AOS)

A.O. Smith Corporation manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments, North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for both residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for Most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.

A.O. Smith trades on the NYSE stock market under the symbol AOS.

As of January 15, 2025, AOS stock price climbed to $71.60 with 397,168 million shares trading.

AOS has a beta of 0.73, meaning it tends to be less sensitive to market movements. AOS has a correlation of 0.15 to the broad based SPY ETF.

AOS has a market cap of $10.38 billion. This is considered a Large Cap stock.

Last quarter A.O. Smith reported $903 million in Revenue and $.82 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.01.

In the last 3 years, AOS traded as high as $92.45 and as low as $46.58.

The top ETF exchange traded funds that AOS belongs to (by Net Assets): VTI, VOO, VB, NOBL, RSP.

AOS has underperformed the market in the last year with a return of -10.1%, while the SPY ETF gained +25.4%. In the last 3 month period, AOS fell short of the market, returning -12.9%, while SPY returned +1.5%. However, in the most recent 2 weeks AOS has outperformed the stock market by returning +5.0%, while SPY returned +0.8%.

AOS support price is $70.23 and resistance is $72.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AOS shares will trade within this expected range on the day.