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Applied Industrial Technologies (AIT)

NYSE
Currency in USD
268.00
-2.64(-0.98%)
Closed
Pre Market
268.89+0.89(+0.33%)
AIT Scorecard
Full Analysis
Has raised its dividend for 15 consecutive years
Fair Value
Day's Range
266.65271.01
52 wk Range
163.50282.98
Key Statistics
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Prev. Close
268
Open
271.01
Day's Range
266.65-271.01
52 wk Range
163.5-282.98
Volume
220.71K
Average Volume (3m)
244.2K
1-Year Change
57.91%
Book Value / Share
45.58
Fair Value
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Fair Value Upside
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AIT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
292.86
Upside
+9.28%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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Applied Industrial Technologies Company Profile

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers’ machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Applied Industrial Technologies SWOT Analysis


Automation Vanguard
AIT leads industrial revolution with cutting-edge automation solutions, positioning for growth in manufacturing and maintenance operations
Financial Fortitude
Ambitious targets set: 13%+ EBITDA margin, $5.5B sales. Analysts project ~$11.50 EPS for FY2026. Low 0.2x net leverage enables strategic moves
Reshoring Beneficiary
Geographic focus on US/North America aligns with reshoring trends. Technical workforce constraints create opportunities for AIT's solutions
Strategic Expansion
Explore AIT's venture into flow control and process markets. Analysts set price targets: KeyBanc at $245, Oppenheimer at $235
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Applied Industrial Technologies Earnings Call Summary for Q4/2024

  • Q1 FY2025: 3% organic daily sales decline YoY; record free cash flow nearly doubled
  • EPS guidance raised to $9.25-$10 for FY2025; sales guidance maintained at -2.5% to +2.5%
  • Service Center segment: 1.4% organic sales decline; Engineered Solutions: 6% decline with improved orders by quarter-end
  • Focus on tech investments, engineering talent, and acquisitions; optimism for increased customer capital spending
  • Gross margin decreased to 29.6%; EBITDA margins dipped due to expense deleveraging amid sales declines
Last Updated: 2024-10-25, 04:48 p/m
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Compare AIT to Peers and Sector

Metrics to compare
AIT
Peers
Sector
Relationship
P/E Ratio
26.8x18.7x11.9x
PEG Ratio
4.63−2.810.03
Price/Book
5.9x3.9x1.4x
Price / LTM Sales
2.3x2.6x1.2x
Upside (Analyst Target)
12.7%0.0%19.8%
Fair Value Upside
Unlock9.1%5.8%Unlock

Analysts' Recommendations

7 Buy
1 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 292.86

(+9.28% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.95
Dividend Yield
0.55%
Industry Median 1.16%
Annualized payout
1.4800
Paid quarterly
5-Years Growth
+3.49%
Growth Streak

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FAQ

What Is the Applied Industrial Technologies (AIT) Stock Price Today?

The Applied Industrial Technologies stock price today is 268.00

What Stock Exchange Does Applied Industrial Technologies Trade On?

Applied Industrial Technologies is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Applied Industrial Technologies?

The stock symbol for Applied Industrial Technologies is "AIT."

Does Applied Industrial Technologies Pay Dividends? What’s The Current Dividend Yield?

The Applied Industrial Technologies dividend yield is 0.55%.

What Is the Applied Industrial Technologies Market Cap?

As of today, Applied Industrial Technologies market cap is 10.30B.

What is Applied Industrial Technologies Earnings Per Share?

The Applied Industrial Technologies EPS is 9.95.

What Is the Next Applied Industrial Technologies Earnings Date?

Applied Industrial Technologies will release its next earnings report on Jan 23, 2025.

From a Technical Analysis Perspective, Is AIT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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