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4-Traders Homepage  >  Equities  >  Nyse  >  A. O. Smith Corp    AOS

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SMITH(A0) : A. O. Smith concludes sale of electric motor business

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08/23/2011 | 04:45pm CEST
A.O. Smith Corporation - A. O. Smith concludes sale of electric motor business
A. O. Smith concludes sale of electric motor business

Milwaukee, Wis. - A. O. Smith Corporation (NYSE:AOS) today announced the closing of the sale of its electric motor business to Regal Beloit Corporation (NYSE:RBC).

The companies completed the North American portion of the transaction today. The portion involving A. O. Smith's electric motor operations in China was closed into escrow pending administrative approvals, which are expected shortly.

A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products marketed worldwide. The company is one of the world's leading manufacturers of residential and commercial water heating equipment, offering a comprehensive product line featuring the best-known brands in North America and China.

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Latest news on A. O. SMITH CORP
10/20 A O SMITH : awards five scholarships to students pursuing trade careers
10/20A. O. SMITH CORP : quaterly earnings release
10/12 A O SMITH : China operation wins Golden Voice Award a second time
10/10 A O SMITH : earns Strategic Partner of the Year Award by Nexstar Network
10/10 A O SMITH : declares quarterly dividend
10/06 A O SMITH : to hold third quarter conference call on October 25
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09/21 A O SMITH : chosen once again as Top 100 China Best Employer
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Financials ($)
Sales 2017 2 979 M
EBIT 2017 523 M
Net income 2017 367 M
Finance 2017 308 M
Yield 2017 0,91%
P/E ratio 2017 29,21
P/E ratio 2018 25,97
EV / Sales 2017 3,46x
EV / Sales 2018 3,12x
Capitalization 10 627 M
Chart A. O. SMITH CORP
Duration : Period :
A. O. Smith Corp Technical Analysis Chart | AOS | US8318652091 | 4-Traders
Technical analysis trends A. O. SMITH CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 60,6 $
Spread / Average Target -1,6%
EPS Revisions
Managers
NameTitle
Ajita G. Rajendra Chairman & Chief Executive Officer
Kevin J. Wheeler President, Chief Operating Officer & Director
John J. Kita Chief Financial Officer & Executive Vice President
Robert J. Heideman Chief Technology Officer & Senior Vice President
Peter Martineau Chief Information Officer & Senior Vice President
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