In order to meet evolving industry regulations and increasing energy efficiency demands, AAON, Inc. AAON launched Delta Class, the next evolution in Dedicated Outdoor Air System (DOAS) technology.
AAON has been at the forefront of DOAS technology since its founding in 1988, which consistently delivers premium quality, high-efficiency equipment. Delta Class represents decades of expertise and continuous improvement in fresh air solutions for diverse environments.
Delta Class features variable capacity compressors, modulating reheat, 100% outdoor air dampers and advanced energy recovery systems. Its compact, efficient design reduces carbon footprint while meeting the complex needs of high-occupancy spaces like schools, fitness centers, restaurants and entertainment venues.
Delta Class units are rigorously tested at AAON’s Norman Asbjornson Innovation Center testing laboratory. This AMCA-accredited laboratory ensures each unit meets the highest standards of performance and reliability.
AAON’s Stock Performance
Shares of AAON rallied 21.5% in the past three months compared with the Zacks Building Products - Air Conditioner and Heating industry’s 5.7% growth. This Zacks Rank #2 (Buy) company’s earnings per share (EPS) estimate has moved up to $2.29 from $2.24 over the past 60 days, reflecting 4.1% year-over-year growth.
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AAON engineers, manufactures and markets air conditioning and heating equipment. The company maintains a balance between new construction and replacement applications and is making the most of robust replacement demand broadly across the non-residential building market.
Other Stocks to Consider
Some other top-ranked stocks have been discussed below:
Comfort Systems USA, Inc. FIX currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
FIX delivered a trailing four-quarter earnings surprise of 20.6%, on average. The Zacks Consensus Estimate for FIX’s 2024 sales and EPS indicates growth of 29.4% and 50.9%, respectively, from the prior-year levels.
Century Communities, Inc. CCS currently flaunts a Zacks Rank of 1. It has a trailing four-quarter earnings surprise of 35.6%, on average.
The consensus estimate for CCS’ 2024 sales and EPS implies an increase of 18.1% and 32.5%, respectively, from the prior-year levels.
Frontdoor, Inc. FTDR presently sports a Zacks Rank of 1. FTDR delivered a trailing four-quarter earnings surprise of 279%, on average.
The Zacks Consensus Estimate for FTDR’s 2024 sales and EPS indicates an increase of 3% and 18.7%, respectively, from a year ago.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Century Communities, Inc. (CCS) : Free Stock Analysis Report
AAON, Inc. (AAON) : Free Stock Analysis Report
Comfort Systems USA, Inc. (FIX) : Free Stock Analysis Report
Frontdoor Inc. (FTDR) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
