-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We maintain our Buy rating based on valuation (shares trading at a 24% discount to forward P/E historical averages, as of April 30) and positioning for emerging markets growth (India), plus water treatment segment expansion. We also maintain our $87 target based on a 19.5x 2027 forward P/E, above the five-year average of 18.6x on sales/margin expansion and new products. AOS reported disappointing Q1 2026 results with sales declining 2% Y/Y to $945.6M and diluted EPS falling 11% to $0.85, missing consensus estimates of $0.94. The quarter was impacted by continued weakness in China, softer North American residential water heater demand, and weather-related disruptions. FY 26 figures were guided down. However, we do not see FY 27 being impacted yet. We lower our 2026 EPS estimate to $3.85 from $4.15 and keep 2027 at $4.47.