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Applied Industrial Technologies, Inc.

AITNYSE
Industrials
Industrial - Distribution
$245.74
$0.55(0.22%)

Applied Industrial Technologies, Inc. (AIT) Stock Overview

Explore Applied Industrial Technologies, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

A

Score: 85.3/100

Key Financials

Market Cap9.4B
P/E Ratio24.27
EPS (TTM)$9.97
ROE0.22%
Fundamental Analysis

AI Price Forecasts

1 Week$228.22
1 Month$237.64
3 Months$260.16
1 Year Target$316.00

AIT Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Applied Industrial Technologies, Inc. (AIT) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 64.85, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $316.00.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 24.27 and a market capitalization of 9.4B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

64.85RSI (14)
3.49MACD
12.07ADX
Revenue Growth
1.51%
1.51%
Profit Growth
$10.13
11.25%
EPS Growth
$10.13
11.14%
Operating Margin
11.29%
4.79%
ROE
22.01%
11.25%
Dividend Yield
0.00%
4.34%

Analyst Recommendations

Strong Buy
0
Buy
3
Hold
0
Sell
0
Strong Sell
0

Price Targets

Low$210.00
Average$236.67
High$285.00

Company Profile

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. 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 equipment repair and technical support services. 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.

CEO

Neil A. Schrimsher

Employees

6,818

Headquarters

1 Applied Plaza, Cleveland, OH

Founded

1980

Frequently Asked Questions

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