Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate A O Smith Corp before investing.

In this article, we go over a few key elements for understanding A O Smith Corp’s stock price such as:

• A O Smith Corp’s current stock price and volume
• Why A O Smith Corp’s stock price changed recently
• Upgrades and downgrades for AOS from analysts
• AOS’s stock price momentum as measured by its relative strength

About A O Smith Corp (AOS)

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

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

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A O Smith Corp’s Stock Price as of Market Close

As of September 26, 2024, 4:00 PM, CST, A O Smith Corp’s stock price was $89.31.

A O Smith Corp is up 4.04% from its previous closing price of $85.84.

During the last market session, A O Smith Corp’s stock traded between $85.16 and $86.12. Currently, there are 146.47 million shares of A O Smith Corp stock available for purchase.

A O Smith Corp’s price-earnings (P/E) ratio is currently at 22.2, which is high compared to the Electrical Components & Equipment industry median of 20.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

A O Smith Corp Stock Price History

A O Smith Corp’s (AOS) price is currently up 6.68% so far this month.

During the month of September, A O Smith Corp’s stock price has reached a high of $89.91 and a low of $76.63.

Over the last year, A O Smith Corp has hit prices as high as $92.45 and as low as $64.30. Year to date, A O Smith Corp’s stock is up 56.03%.

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What Caused A O Smith Corp 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 September 25, 2024, there were 11 analysts who downgraded A O Smith Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate A O Smith Corp’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 A O Smith Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

A O Smith Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be 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 A O Smith Corp (AOS) by visiting AAII Stock Evaluator.

Relative Price Strength of A O Smith Corp

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 September 25, 2024, A O Smith Corp has a weighted four-quarter relative price strength of -0.06%, which translates to a Momentum Score of 63 and is considered to be Strong.

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A O Smith Corp Stock Price: Bottom Line

As of September 26, 2024, A O Smith Corp’s stock price is $89.31, which is up 4.04% 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 A O Smith Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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