Applied Industrial Technologies/AIT

$192.37

1.3%
-
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
$7.44B
Market cap
20.18
P/E ratio
$9.53
EPS
1.08
Beta
$1.40
Dividend rate
0.77%
Dividend yield

What the Analysts think about AIT

Analyst Ratings

Majority rating from 3 analysts.
Buy

Price Targets

Average projection from 3 analysts.
2.24% upside
High $205.00
Low $190.00
$192.37
Current price
$196.67
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.

Upcoming events

Buy or sell Applied Industrial Technologies stock

Buy or sell Applied Industrial Technologies stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing