Aaon Stock Buy Hold or Sell Recommendation

AAON
 Stock
  

USD 63.29  0.07  0.11%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Aaon Inc is 'Strong Buy'. Macroaxis provides Aaon buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Aaon positions. The advice algorithm takes into account all of Aaon's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Aaon's buy-and-hold perspective. Please continue to Aaon Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Aaon and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Aaon Inc.

Execute Aaon Buy or Sell Advice

The Aaon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aaon Inc. Macroaxis does not own or have any residual interests in Aaon Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aaon's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AaonBuy Aaon
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Aaon Inc has a Risk Adjusted Performance of 0.1822, Jensen Alpha of 0.1957, Total Risk Alpha of 0.1045, Sortino Ratio of 0.0775 and Treynor Ratio of 0.3471
Macroaxis provides unbiased investment recommendation on Aaon Inc that should be used to complement current analysts and expert consensus on Aaon Inc. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Aaon is not overpriced, please confirm all Aaon Inc fundamentals, including its current ratio, retained earnings, and the relationship between the net income and price to earnings to growth . Given that Aaon Inc has a price to earning of 46.41 X, we suggest you to validate Aaon Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Aaon Trading Alerts and Improvement Suggestions

Aaon Inc is unlikely to experience financial distress in the next 2 years
Aaon Inc has a strong financial position based on the latest SEC filings
About 73.0% of the company shares are held by institutions such as insurance companies
On 1st of July 2022 Aaon paid $ 0.19 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Aaon exotic insider transaction detected

Aaon current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Aaon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Aaon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Recommendation Mean2.00
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Aaon Returns Distribution Density

The distribution of Aaon's historical returns is an attempt to chart the uncertainty of Aaon's future price movements. The chart of the probability distribution of Aaon stock daily returns describes the distribution of returns around its average expected value. We use Aaon Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aaon returns is essential to provide solid investment advice for Aaon.
Mean Return0.30Value At Risk-3.24
Potential Upside3.15Standard Deviation2.07
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aaon historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Aaon Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(41.7 M)(37.26 M)(37.1 M)(67.74 M)(55.34 M)(56.8 M)
Depreciation Amortization and Accretion15.01 M17.66 M22.77 M25.63 M30.42 M25.74 M
Net Cash Flow or Change in Cash and Cash Equivalents(2.7 M)(19.46 M)42.38 M37.91 M(78.8 M)(80.87 M)
Issuance Purchase of Equity Shares(14.36 M)(21.86 M)(6.96 M)(8.64 M)272 K293.47 K
Payment of Dividends and Other Cash Distributions(13.66 M)(16.73 M)(16.64 M)(19.82 M)(19.95 M)(21.52 M)
Net Cash Flow from Financing(29.64 M)(39.68 M)(18.5 M)(29.63 M)18.73 M20.21 M
Net Cash Flow from Investing(31.05 M)(34.63 M)(37.05 M)(61.27 M)(158.72 M)(162.9 M)
Net Cash Flow Investment Acquisitions and Disposals10.65 M9 M51 K52 K54 K55.42 K
Net Cash Flow from Operations57.99 M54.86 M97.92 M128.81 M61.18 M69.3 M
Share Based Compensation6.31 M7.86 M11.8 M11.34 M11.81 M9.42 M

Aaon Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aaon or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aaon's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aaon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.20
β
Beta against DOW0.82
σ
Overall volatility
1.99
Ir
Information ratio 0.09

Aaon Volatility Alert

Aaon Inc currently demonstrates below-average downside deviation. It has Information Ratio of 0.09 and Jensen Alpha of 0.2. However, we advise investors to further question Aaon Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aaon's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aaon's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Aaon Implied Volatility

Aaon's implied volatility" href="/stock-options/AAON/Aaon-Inc">Aaon's implied volatility exposes the market's sentiment of Aaon Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aaon's implied volatility" href="/stock-options/AAON/Aaon-Inc">Aaon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aaon stock will not fluctuate a lot when Aaon's options" href="/stock-options/AAON/Aaon-Inc">Aaon's options are near their expiration.

Aaon Fundamentals Vs Peers

Comparing Aaon's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aaon's direct or indirect competition across all of the common fundamentals between Aaon and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aaon or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aaon's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aaon by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Aaon to competition
FundamentalsAaonPeer Average
Return On Equity14.17 %(0.31) %
Return On Asset7.78 %(0.14) %
Profit Margin10.05 %(1.27) %
Operating Margin17.42 %(5.51) %
Current Valuation3.27 B16.62 B
Shares Outstanding52.43 M571.82 M
Shares Owned by Insiders20.58 %10.09 %
Shares Owned by Institutions73.38 %39.21 %
Number of Shares Shorted1.01 M4.71 M
Price to Earning46.41 X28.72 X
Price to Book8.08 X9.51 X
Price to Sales5.38 X11.42 X
Revenue601.5 M9.43 B
Gross Profit137.83 M27.38 B
EBITDA104.77 M3.9 B
Net Income60.44 M570.98 M
Cash and Equivalents5.63 M2.7 B
Cash per Share0.11 X5.01 X
Total Debt82 M5.32 B
Debt to Equity0.17 %48.70 %
Current Ratio2.48 X2.16 X
Book Value Per Share7.64 X1.93 K
Cash Flow from Operations25.54 M971.22 M
Short Ratio5.60 X4.00 X
Earnings Per Share1.33 X3.12 X
Price to Earnings To Growth2.68 X4.89 X
Number of Employees2.88 K18.84 K
Beta0.67-0.15
Market Capitalization3.24 B19.03 B
Total Asset232.85 M29.47 B
Retained Earnings255.31 M9.33 B
Working Capital80.8 M1.48 B
Current Asset124.21 M9.34 B
   Aaon exotic insider transaction detected [view details]

Aaon Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aaon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution1764.93
Daily Balance Of Power(0.07)
Rate Of Daily Change1.0
Day Median Price63.16
Day Typical Price63.2
Market Facilitation Index0.0
Price Action Indicator0.1

About Aaon Buy or Sell Advice

When is the right time to buy or sell Aaon Inc? Buying financial instruments such as Aaon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables67.43 M47.42 M70.78 M57.76 M
Inventories73.6 M82.22 M130.27 M140.55 M

Use Investing Ideas to Build Portfolios

In addition to having Aaon in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Large Growth Thematic Idea Now

Large Growth
Large Growth Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Theme or any other thematic opportunities.
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Please continue to Aaon Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Aaon Inc information on this page should be used as a complementary analysis to other Aaon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Aaon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aaon. If investors know Aaon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aaon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.21
Market Capitalization
3.4 B
Quarterly Revenue Growth YOY
0.45
Return On Assets
0.0681
Return On Equity
0.13
The market value of Aaon Inc is measured differently than its book value, which is the value of Aaon that is recorded on the company's balance sheet. Investors also form their own opinion of Aaon's value that differs from its market value or its book value, called intrinsic value, which is Aaon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aaon's market value can be influenced by many factors that don't directly affect Aaon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aaon's value and its price as these two are different measures arrived at by different means. Investors typically determine Aaon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aaon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.