Oppenheimer Assigned a Hold Rating to Aaon

By Austin Angelo

In a report released today, Jon Braatz from Oppenheimer assigned a Hold rating to Aaon (NASDAQ: AAON). The company’s shares opened today at $27.55.

According to TipRanks.com, Braatz is a 5-star analyst with an average return of 15.1% and a 79.2% success rate. Braatz covers the Industrial Goods sector, focusing on stocks such as Global Power Equipment Group Inc, Thermon Group Holdings Inc., and Layne Christensen Company.

Aaon has an analyst consensus of Hold.

Aaon’s market cap is currently $1.46B and has a P/E ratio of 27.55. The company has a book value ratio of 7.1014.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2016, Sam Neale, the VP of AAON sold 6,750 shares for a total of $172,328.

AAON, Inc. operates as a holding company engages in manufacturing business. It involves in production and sale of air conditioning and heating equipment. It offers a range of products such as rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal heat pumps, self-contained units and coils. The company was founded by Norman H. Asbjornson in 1988 and is headquartered in Tulsa, OK.