How to buy AAON stock | 61.34

AAON, Inc is a building products & equipment business based in the US. AAON shares (AAON) are listed on the NASDAQ and all prices are listed in US Dollars. AAON employs 2,290 staff and has a trailing 12-month revenue of around USD$520.4 million.

How to buy shares in AAON

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for AAON. Find the stock by name or ticker symbol: AAON. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until AAON reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$61.34, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of AAON, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of AAON. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted AAON's share price?

Since the stock market crash in March caused by coronavirus, AAON's share price has had significant positive movement.

Its last market close was USD$61.34, which is 9.94% up on its pre-crash value of USD$55.245 and 51.53% up on the lowest point reached during the March crash when the shares fell as low as USD$40.4809.

If you had bought USD$1,000 worth of AAON shares at the start of February 2020, those shares would have been worth USD$899.61 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,155.65.

AAON share price

Use our graph to track the performance of AAON stocks over time.

AAON shares at a glance

• Key figures

Information last updated 2020-11-20.

Latest market close	USD$61.34
52-week range	USD$40.3392 - USD$69.41
50-day moving average	USD$62.4142
200-day moving average	USD$57.1728
Wall St. target price	USD$35
PE ratio	44.2789
Dividend yield	USD$0.38 (0.57%)
Earnings per share (TTM)	USD$1.47

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Is it a good time to buy AAON stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of AAON, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

AAON price performance over time

Historical closes compared with the close of $61.34 from 2020-10-19

1 week (2020-11-20)	-6.31%
1 month (2020-10-27)	2.06%
3 months (2020-08-27)	5.81%
6 months (2020-05-27)	11.57%

1 year (2019-11-27)	24.07%
2 years (2018-11-27)	63.27%
3 years (2017-11-27)	74.01%
5 years (2015-11-27)	143.90%

Is AAON under- or over-valued?

Valuing AAON stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AAON's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

AAON's P/E ratio

AAON's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 44x. In other words, AAON shares trade at around 44x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

AAON's PEG ratio

AAON's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.87. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into AAON's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

AAON's EBITDA

AAON's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$125.4 million.

The EBITDA is a measure of a AAON's overall financial performance and is widely used to measure a its profitability.

AAON financials

Revenue TTM	USD$520.4 million
Operating margin TTM	19.47%
Gross profit TTM	USD$119.4 million
Return on assets TTM	15.99%
Return on equity TTM	24.79%
Profit margin	14.87%
Book value	$6.599
Market capitalisation	USD$3.4 billion

TTM: trailing 12 months

Shorting AAON shares

There are currently 3.7 million AAON shares held short by investors – that's known as AAON's "short interest". This figure is 6.1% down from 4.0 million last month.

There are a few different ways that this level of interest in shorting AAON shares can be evaluated.

AAON's "short interest ratio" (SIR)

AAON's "short interest ratio" (SIR) is the quantity of AAON shares currently shorted divided by the average quantity of AAON shares traded daily (recently around 155213.55509356). AAON's SIR currently stands at 24.05. In other words for every 100,000 AAON shares traded daily on the market, roughly 24050 shares are currently held short.

However AAON's short interest can also be evaluated against the total number of AAON shares, or, against the total number of tradable AAON shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case AAON's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 AAON shares in existence, roughly 70 shares are currently held short) or 0.1072% of the tradable shares (for every 100,000 tradable AAON shares, roughly 107 shares are currently held short).

A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against AAON.

Find out more about how you can short AAON stock.

AAON share dividends

Dividend payout ratio: 36.99% of net profits

Recently AAON has paid out, on average, around 36.99% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.57% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), AAON shareholders could enjoy a 0.57% return on their shares, in the form of dividend payments. In AAON's case, that would currently equate to about $0.38 per share.

While AAON's payout ratio might seem fairly standard, it's worth remembering that AAON may be investing much of the rest of its net profits in future growth.

AAON's most recent dividend payout was on 18 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 25 November 2020 (the "ex-dividend date").

Have AAON's shares ever split?

AAON's shares were split on a 3:2 basis on 17 July 2014. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your AAON shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for AAON shares which in turn could have impacted AAON's share price.

AAON share price volatility

Over the last 12 months, AAON's shares have ranged in value from as little as $40.3392 up to $69.41. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while AAON's is 0.6584. This would suggest that AAON's shares are less volatile than average (for this exchange).

AAON overview

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. It offers rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal and water-source heat pumps, self-contained units, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, medical, and other commercial industries. It sells its products through a network of manufacturers' representatives and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.

Frequently asked questions

• What percentage of AAON is owned by insiders or institutions?

  Currently 21.658% of AAON shares are held by insiders and 72.623% by institutions.

• How many people work for AAON?

  Latest data suggests 2,290 work at AAON.

• When does the fiscal year end for AAON?

  AAON's fiscal year ends in December.

• Where is AAON based?

  AAON's address is: 2425 South Yukon Avenue, Tulsa, OK, United States, 74107

• What is AAON's ISIN number?

  AAON's international securities identification number is: US0003602069

• What is AAON's CUSIP number?

  AAON's Committee on Uniform Securities Identification Procedures number is: 000360206