Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Aaon Inc before investing.

In this article, we go over a few key elements for understanding Aaon Inc’s stock price such as:

• Aaon Inc’s current stock price and volume
• Why Aaon Inc’s stock price changed recently
• Upgrades and downgrades for AAON from analysts
• AAON’s stock price momentum as measured by its relative strength

About Aaon Inc (AAON)

Before we jump into Aaon Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

AAON, Inc. is a producer of heating, ventilation, and air conditioning (HVAC) systems for commercial and industrial indoor environments. The Company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. The AAON Oklahoma segment engineers, manufactures, and sells, semi-custom, and custom HVAC systems, designs and manufactures control solutions, and sells retail parts to customers through retail part stores and online. AAON Coil Products segment engineers and manufactures a selection of semi-custom and custom HVAC systems as well as a variety of heating and cooling coils to be used in HVAC systems. BASX segment engineers, manufactures, and sells an array of custom, high-performance cooling solutions for the hyperscale data center market, ventilation solutions for cleanroom environments in the biopharmaceutical, semiconductor, medical and agriculture markets, and highly custom, air handlers and modular solutions for a vast array of markets.

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Aaon Inc’s Stock Price as of Market Close

As of June 25, 2024, 4:00 PM, CST, Aaon Inc’s stock price was $84.74.

Aaon Inc is up 5.94% from its previous closing price of $79.99.

During the last market session, Aaon Inc’s stock traded between $78.79 and $80.72. Currently, there are 81.66 million shares of Aaon Inc stock available for purchase.

Aaon Inc’s price-earnings (P/E) ratio is currently at 37.8, which is high compared to the Electrical Components & Equipment industry median of 22.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Aaon Inc Stock Price History

Aaon Inc’s (AAON) price is currently up 12.91% so far this month.

During the month of June, Aaon Inc’s stock price has reached a high of $84.85 and a low of $70.28.

Over the last year, Aaon Inc has hit prices as high as $96.34 and as low as $52.24. Year to date, Aaon Inc’s stock is up 68.76%.

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What Caused Aaon Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 24, 2024, there were 2 analysts who downgraded Aaon Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Aaon Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Aaon Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Aaon Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Aaon Inc (AAON) by visiting AAII Stock Evaluator.

Relative Price Strength of Aaon Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 24, 2024, Aaon Inc has a weighted four-quarter relative price strength of -1.83%, which translates to a Momentum Score of 65 and is considered to be Strong.

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Aaon Inc Stock Price: Bottom Line

As of June 25, 2024, Aaon Inc’s stock price is $84.74, which is up 5.94% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Aaon Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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