The recent close of $39.71 is approximately 82% above the fair value buy target for the stock and approximately 11% below the fair value close target for the stock. The recent close is also 1% below analysts' $40.00 median target for the stock.
The recent close represents an 2% decrease in price since the last baseline equity review was conducted in July 2011.
The stock currently has a trailing twelve-month PE Ratio of 21, and a PEG Ratio of 2.0 basis estimated forward earnings growth of 10.5%.
In the past 52 weeks, share prices have moved between a high of $40.36 and a low of $21.63, placing equilibrium at $34.66.
With the recent close, the stock is trading 2% below the 52 week high, 46% above the 52 week low, 13% above equilibrium, and has an average daily trading volume of 1.04 million shares.
A.O. Smith Corporationengages in the manufacture and sale of water heaters and boilers to the residential and commercial markets primarily in the United States, Canada, Europe, India, and China.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink currently has no investment position in the company mentioned in this alert.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.