6 Green Days In A Row: AAON Stock Is Up 48%
AAON stock has risen for 6 consecutive trading days, gaining 47.5% over that stretch. That added about $2.1 billion to the company’s market value, which now stands at about $6.6 billion. The stock closed at $80.25 on Friday, November 13, 45.8% below its 52-week high of $147.96 and 47.5% above its low of $54.42.
AAON Versus The S&P 500
Returns for AAON and the S&P 500 over the streak and the periods around it, all ending Friday, November 13 and including dividends:
| Return Period | AAON | S&P 500 |
|---|---|---|
| 1 Day | 1.8% | -0.4% |
| 6 Days (Current Streak) | 47.5% | 2.9% |
| 1 Month (21 Trading Days) | 3.8% | -2.3% |
| 3 Months (63 Trading Days) | -8.8% | -2.1% |
| Year To Date | 5.6% | 11.5% |
| 1 Year (252 Trading Days) | -21.0% | 11.7% |
How The Streak Compares With The Market
The market explains little of this: the S&P 500 gained 2.9% over the same 6 sessions, including dividends, against AAON’s +47.5%. Over the past three months the stock is down 8.8%, a window that includes the streak; over the other 57 sessions of that window it was down 38.1%.
Is The Business Keeping Up With The Stock?
On the fundamentals, revenue grew 72.3% over the last twelve months, against a median of 8.5% for S&P 500 Industrials stocks; its operating margin is 12.3%, versus a median of 17.5%; and the stock trades at 32.3 times trailing earnings against a median of 25.4. The read is mixed: revenue growth above the median on one side, margins below the median on the other.
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