AAON Inc (AAON) Catches Eye: Stock Adds 6% in Session

Zacks

AAON Inc. AAON was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside came on the company’s announcement of operating results for third-quarter 2015, a regular semi-annual cash dividend of $0.11 per share and authorization of a $25 million share buyback program. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.03 to $21.50 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AAON Inc. carries a Zacks Rank #3 (Hold).

A better-ranked stock from the broader industrial products sector is Albany International Corp. AIN, which sports a Zacks Rank #1 (Strong Buy).

Is AAON going up? Or down? Predict to see what others think: Up or Down

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