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Applied Industrial Technologies (AIT)
NYSE:AIT
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AIT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$149.59 - $223.15
Previous Close$193.61
Volume206.02K
Average Volume (3M)276.37K
Market Cap
$7.50B
Enterprise Value$7.63B
Total Cash (Recent Filing)$460.62M
Total Debt (Recent Filing)$597.33M
Price to Earnings (P/E)19.9
Beta0.97
Next Earnings
Oct 24, 2024EPS Estimate
$2.26Last Dividend Ex-Date
Aug 15, 2024Dividend Yield0.75%
Share Statistics
EPS (TTM)9.83
Shares Outstanding38,358,730
10 Day Avg. Volume253,597
30 Day Avg. Volume276,370
Standard Deviation0.09
R-Squared0.39
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)9.10
Price to Sales (P/S)1.67
Price to Cash Flow (P/CF)15.70
P/FCF Ratio15.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.70
Enterprise Value/Gross Profit5.71
Enterprise Value/Ebitda13.37
Forecast
1Y Price Target
$225.00Price Target Upside16.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Applied Industrial Technologies News
Ownership Overview
5.93% Insiders
43.03% Mutual Funds
46.22% Other Institutional Investors
4.82% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AIT FAQ
What was Applied Industrial Technologies’s price range in the past 12 months?
Applied Industrial Technologies lowest stock price was $149.59 and its highest was $223.15 in the past 12 months.
What is Applied Industrial Technologies’s market cap?
Currently, no data Available
When is Applied Industrial Technologies’s upcoming earnings report date?
Applied Industrial Technologies’s upcoming earnings report date is Oct 24, 2024 which is in 46 days.
How were Applied Industrial Technologies’s earnings last quarter?
Applied Industrial Technologies released its earnings results on Aug 15, 2024. The company reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.508 by $0.072.
Is Applied Industrial Technologies overvalued?
According to Wall Street analysts Applied Industrial Technologies’s price is currently Undervalued.
Does Applied Industrial Technologies pay dividends?
Applied Industrial Technologies pays a Quarterly dividend of $0.37 which represents an annual dividend yield of 0.75%. See more information on Applied Industrial Technologies dividends here
What is Applied Industrial Technologies’s EPS estimate?
Applied Industrial Technologies’s EPS estimate is $2.26.
How many shares outstanding does Applied Industrial Technologies have?
Applied Industrial Technologies has 38,358,730 shares outstanding.
What happened to Applied Industrial Technologies’s price movement after its last earnings report?
Applied Industrial Technologies reported an EPS of $2.58 in its last earnings report, beating expectations of $2.508. Following the earnings report the stock price went up 0.745%.
Which hedge fund is a major shareholder of Applied Industrial Technologies?
Among the largest hedge funds holding Applied Industrial Technologies’s share is Royce & Associates LLC. It holds Applied Industrial Technologies’s shares valued at 32M.
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Applied Industrial Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$225.00 (16.21% Upside)
$225.00 (16.21% Upside)
Blogger Sentiment
Bullish
AIT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 218.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.7%
Last 30 Days ▲ 11.7%
Last 30 Days ▲ 11.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.92%
12-Months-Change
Fundamentals
Return on Equity
24.51%
Trailing 12-Months
Asset Growth
7.60%
Trailing 12-Months
Company Description
Applied Industrial Technologies
Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Fluid Power Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power Businesses segment consists of specialized regional companies that distribute fluid power components and operate shops to assemble fluid power systems and perform equipment repair. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.
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AIT Company Deck
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AIT Earnings Call
Q4 2024
0:00 / 0:00
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AIT Stock 12 Month Forecast
Average Price Target
$225.00
▲(16.21% Upside)
Technical Analysis
Best Analysts Covering AIT
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+27.47%
reiterated a buy rating 11 days ago
Copying David Manthey's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +27.47% per trade.
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