Applied Industrial Technologies/AIT

$183.49

-0.27%
-
1D1W1MYTD1YMAX

About Applied Industrial Technologies

Applied Industrial Technologies, Inc. is a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. The Company’s segments include Service Center Based Distribution and Engineered Solutions. The Service Center Based Distribution segment operates through local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Its products include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses. The Engineered Solutions segment includes its operations that specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services.

Ticker

AIT

Sector

Industrials

Trading on

NYSE

Industry

Misc. Capital Goods

CEO

Neil Schrimsher

Employees

6,365

Headquarters

Cleveland, United States

AIT Metrics

BasicAdvanced
$7.13B
Market cap
19.35
P/E ratio
$9.53
EPS
1.09
Beta
$1.40
Dividend rate
0.8%
Dividend yield
$7.13B
1.09482
$201.76
$122.24
374.79K
$1.40
3.745
2.587
35.562
37.127
14.51%
20.928
47.5%
14.12%
25.79%
16.98%
19.347
1.598
4.438
9.017
20.654
1.43%
0.76%
0.8%
7.15%
22.39%
10.78%
146.42%
3.08%

What the Analysts think about AIT

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 4 analysts.
16.49% upside
High $235.00
Low $205.00
$183.49
Current price
$213.75
Average price target

AIT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.46% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$1.08B
-1.64%
Net income
$91.2M
-2.77%
Profit margin
8.46%
-1.17%

AIT Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 10.13%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$2.47
$2.35
$2.37
$2.32
-
Expected
$2.15
$2.17
$2.09
$2.11
$2.40
Surprise
14.71%
8.29%
13.22%
10.13%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Applied Industrial Technologies stock?

Applied Industrial Technologies (AIT) has a market cap of $7.13B as of April 20, 2024.

What is the P/E ratio for Applied Industrial Technologies stock?

The price to earnings (P/E) ratio for Applied Industrial Technologies (AIT) stock is 19.35 as of April 20, 2024.

Does Applied Industrial Technologies stock pay dividends?

Yes, the Applied Industrial Technologies (AIT) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.4 and the yield is 0.8%. Applied Industrial Technologies has a payout ratio of 14.51% on a trailing twelve-month basis.

When is the next Applied Industrial Technologies dividend payment date?

The next Applied Industrial Technologies (AIT) dividend payment date is unconfirmed.

What is the beta indicator for Applied Industrial Technologies?

Applied Industrial Technologies (AIT) has a beta rating of 1.09. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Applied Industrial Technologies stock price target?

The target price for Applied Industrial Technologies (AIT) stock is $213.75, which is 16.52% above the current price of $183.45. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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