Zacks Rating on Smith (A.O.) Corporation (AOS)

Smith (A.O.) Corporation (AOS) : Zacks Investment Research ranks Smith (A.O.) Corporation (AOS) as 2, which is a Buy recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.77, which indicates as a Buy.

Smith (A.O.) Corporation (AOS) : The highest level Smith (A.O.) Corporation (AOS) is projected to reach is $105 for the short term and the lowest estimate is at $86. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $98.13 and the possibility the share price can swing is $6.58.


Shares of AO Smith Corp. rose by 2.44% in the last five trading days and 8.2% for the last 4 weeks. AO Smith Corp. is up 15.66% in the last 3-month period. Year-to-Date the stock performance stands at 26.18%. Smith (A.O.) Corporation (NYSE:AOS): stock turned positive on Tuesday. Though the stock opened at $95, the bulls momentum made the stock top out at $96.16 level for the day. The stock recorded a low of $94.96 and closed the trading day at $95.79, in the green by 1.20%. The total traded volume for the day was 493,628. The stock had closed at $94.65 in the previous days trading.

A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. Both segments manufacture and market a range of residential gas, gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and others. The Rest of World segment manufactures and markets water treatment products, primarily in Asia. The Rest of World segment includes China, Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.

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