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AAON - AAON: This HVAC Manufacturer's Valuation Needs To Cool Down
March, 10 2024 06:50 AM
AAON Inc.
2024-03-10 06:50:14 ET
Summary AAON's shares have been on a tear over the two years, returning 123% over this time period. The company has delivered impressive growth on both the top line and bottom line and this quarter was no different. With concerns about slowing office demand, a weaker construction market, and softening backlog, the company's growth rate is likely to decelerate. At the current valuation, AAON's shares are priced for perfection at more than double the trading multiples of its peers.
Introduction For further details see:
AAON: This HVAC Manufacturer's Valuation Needs To Cool Down
Stock Information
Company Name:
AAON Inc.
Stock Symbol:
AAON
Market:
NASDAQ
Website:
aaon.com
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