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

Delayed Quote. Delayed  - 09/23 10:02:01 pm
96.88 USD   -0.02%
09/16 A O SMITH : Industrial Electrical Equipment Stocks on Investors' Rad..
09/07 A O SMITH : announces two-for-one stock split
08/27 A O SMITH : Roan Mountain's Schaffner awarded A.O. Smith Scholarship
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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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Financials ($)
Sales 2016 2 700 M
EBIT 2016 467 M
Net income 2016 319 M
Finance 2016 124 M
Yield 2016 0,97%
P/E ratio 2016 26,79
P/E ratio 2017 23,86
EV / Sales 2016 3,09x
EV / Sales 2017 2,83x
Capitalization 8 452 M
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A. O. Smith Corp Technical Analysis Chart | AOS | US8318652091 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 99,9 $
Spread / Average Target 3,1%
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Managers
NameTitle
Ajita G. Rajendra Chairman, President & Chief Executive Officer
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
Bruce M. Smith Lead Independent Director
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