NASDAQ:AAON—A High-Growth Stock Gearing Up for Its Next Upward Move.

Exploring Growth Potential: AAON INC (NASDAQ:AAON) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and AAON INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected AAON INC on our screen for growth with base formation, suggesting it merits a closer look.

Growth Examination for NASDAQ:AAON

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NASDAQ:AAON has received a 8 out of 10:

• AAON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.21%, which is quite impressive.
• Measured over the past years, AAON shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.06% on average per year.
• AAON shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.83%.
• The Revenue has been growing by 21.91% on average over the past years. This is a very strong growth!
• Based on estimates for the next years, AAON will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.63% on average per year.
• Based on estimates for the next years, AAON will show a quite strong growth in Revenue. The Revenue will grow by 9.98% on average per year.

Health Assessment of NASDAQ:AAON

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:AAON has earned a 8 out of 10:

• AAON has an Altman-Z score of 29.32. This indicates that AAON is financially healthy and has little risk of bankruptcy at the moment.
• With an excellent Altman-Z score value of 29.32, AAON belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
• AAON has a debt to FCF ratio of 0.13. This is a very positive value and a sign of high solvency as it would only need 0.13 years to pay back of all of its debts.
• The Debt to FCF ratio of AAON (0.13) is better than 90.00% of its industry peers.
• AAON has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
• AAON's Debt to Equity ratio of 0.02 is amongst the best of the industry. AAON outperforms 82.50% of its industry peers.
• A Current Ratio of 3.13 indicates that AAON has no problem at all paying its short term obligations.
• The Current ratio of AAON (3.13) is better than 75.00% of its industry peers.
• AAON has a better Quick ratio (1.57) than 62.50% of its industry peers.

Profitability Assessment of NASDAQ:AAON

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:AAON has earned a 9 out of 10:

• AAON has a Return On Assets of 18.88%. This is amongst the best in the industry. AAON outperforms 95.00% of its industry peers.
• AAON's Return On Equity of 22.92% is fine compared to the rest of the industry. AAON outperforms 70.00% of its industry peers.
• The Return On Invested Capital of AAON (22.80%) is better than 92.50% of its industry peers.
• AAON had an Average Return On Invested Capital over the past 3 years of 15.91%. This is above the industry average of 13.58%.
• The last Return On Invested Capital (22.80%) for AAON is above the 3 year average (15.91%), which is a sign of increasing profitability.
• With an excellent Profit Margin value of 15.44%, AAON belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
• AAON's Profit Margin has improved in the last couple of years.
• AAON has a Operating Margin of 20.41%. This is amongst the best in the industry. AAON outperforms 85.00% of its industry peers.
• AAON's Operating Margin has improved in the last couple of years.
• In the last couple of years the Gross Margin of AAON has grown nicely.

Why is NASDAQ:AAON a setup?

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NASDAQ:AAON currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.

AAON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 83.98, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Our latest full fundamental report of AAON contains the most current fundamental analsysis.

For an up to date full technical analysis you can check the technical report of AAON

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.