NYSE - Nasdaq Real Time Price USD

Applied Industrial Technologies, Inc. (AIT)

186.09 -0.22 (-0.12%)
At close: April 24 at 4:00 PM EDT
185.84 -0.25 (-0.13%)
After hours: April 24 at 6:58 PM EDT
Loading Chart for AIT
DELL
  • Previous Close 186.31
  • Open 185.87
  • Bid --
  • Ask --
  • Day's Range 184.65 - 187.67
  • 52 Week Range 122.24 - 201.76
  • Volume 284,013
  • Avg. Volume 377,866
  • Market Cap (intraday) 7.196B
  • Beta (5Y Monthly) 1.09
  • PE Ratio (TTM) 19.53
  • EPS (TTM) 9.53
  • Earnings Date Apr 25, 2024
  • Forward Dividend & Yield 1.48 (0.80%)
  • Ex-Dividend Date Feb 14, 2024
  • 1y Target Est 213.75

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. 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.

www.applied.com

6,365

Full Time Employees

June 30

Fiscal Year Ends

Recent News: AIT

Performance Overview: AIT

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

AIT
7.98%
S&P 500
6.33%

1-Year Return

AIT
35.46%
S&P 500
22.70%

3-Year Return

AIT
100.49%
S&P 500
21.33%

5-Year Return

AIT
215.99%
S&P 500
72.88%

Compare To: AIT

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Statistics: AIT

Valuation Measures

Annual
As of 4/24/2024
  • Market Cap

    7.20B

  • Enterprise Value

    7.38B

  • Trailing P/E

    19.53

  • Forward P/E

    18.35

  • PEG Ratio (5yr expected)

    1.83

  • Price/Sales (ttm)

    1.64

  • Price/Book (mrq)

    4.48

  • Enterprise Value/Revenue

    1.65

  • Enterprise Value/EBITDA

    13.48

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.39%

  • Return on Assets (ttm)

    11.52%

  • Return on Equity (ttm)

    25.79%

  • Revenue (ttm)

    4.46B

  • Net Income Avi to Common (ttm)

    374.46M

  • Diluted EPS (ttm)

    9.53

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    412.86M

  • Total Debt/Equity (mrq)

    37.13%

  • Levered Free Cash Flow (ttm)

    327.27M

Research Analysis: AIT

Analyst Price Targets

205.00
213.75 Average
186.09 Current
235.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: AIT

Fair Value

186.09 Current
 

Dividend Score

0 Low
AIT
Sector Avg.
100 High
 

Hiring Score

0 Low
AIT
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
AIT
Sector Avg.
100 High
 

Research Reports: AIT

  • AIT: Lowering target price to $196.00

    APPLIED INDUSTRIAL TECH INC has an Investment Rating of HOLD; a target price of $196.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • AIT: Lowering target price to $197.00

    APPLIED INDUSTRIAL TECH INC has an Investment Rating of HOLD; a target price of $197.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • AIT: Raising target price to $206.00

    APPLIED INDUSTRIAL TECH INC has an Investment Rating of HOLD; a target price of $206.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • AIT: Lowering target price to $202.00

    APPLIED INDUSTRIAL TECH INC has an Investment Rating of HOLD; a target price of $202.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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