Applied Industrial Technologies, Inc. (AIT)
| Market Cap | 3.34B |
| Revenue (ttm) | 3.05B |
| Net Income (ttm) | -23.34M |
| Shares Out | 38.78M |
| EPS (ttm) | -0.60 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.28 |
| Dividend Yield | 1.44% |
| Trading Day | February 24 |
| Last Price | $88.69 |
| Previous Close | $86.05 |
| Change ($) | 2.64 |
| Change (%) | 3.07% |
| Day's Open | 86.61 |
| Day's Range | 86.28 - 89.16 |
| Day's Volume | 151,912 |
| 52-Week Range | 30.05 - 89.16 |
Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The U.S. economy seems poised to witness a turnaround as factory orders signal continued recovery, making it a good time to invest in names like International Paper (IP) and EnPro Industries (...
Applied Industrial (AIT) y/y sales decline in Q2 reflects poor segmental performance. It predicts a y/y organic sales decline for Q3 and hikes the quarterly dividend rate.
Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q2 2021 Results - Earnings Call Transcript
Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 28.95% and 1.82%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ah...
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, aut...
Industrial stocks' results for the October-December quarter are anticipated to reflect the impacts of improved operating conditions, the pandemic-led woes and others. SWK, DOC, PNR & AIT are d...
Let's see if Applied Industrial Technologies (AIT) stock is a good choice for value-oriented investors right now from multiple angles.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2021 second quarter financial results on Thursday, January 28, 2021, before ...
Applied Industrial's (AIT) Gibson Engineering buyout solidifies its product offerings in the automation technology space, and market position in the mid-Atlantic and northeast U.S. markets.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Gibson Engineering Company, Inc. (“Gibson”), a provider of automation products, services...
Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Applied Industrial Technologies (AIT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher i...
Applied Industrial (AIT) to benefit from solid product and service offerings, synergistic gains from buyouts, focus on reducing costs, and shareholder-friendly policies.
Applied Industrial (AIT) Q1 earnings beat estimates, while declining y/y as the adversities of the pandemic continue to impact the product demand. It predicts a y/y organic sales decline for Q2.
Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q1 2021 Results - Earnings Call Transcript
Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 39.06% and 2.99%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies a...
Shares of Applied Industrial (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 12.75% over the past year to $0.89, whi...
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, aut...
Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Applied Industrial's (AIT) buyout of Advanced Control Solutions will enable it to strengthen and expand its range of automation solutions across various end markets.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Advanced Control Solutions (“ACS”), a provider of automation products, services, and eng...
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2021 first quarter financial results on Wednesday, October 28, 2020, before ...
Applied Industrial (AIT) is facing weakness in its end markets along with high debt level & forex woes. So, we present 3 industrial manufacturing stocks that are likely to offer good returns.
Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, aut...
Applied Industrial (AIT) suffers from the adverse impacts of the pandemic and expects a year-over-year organic sales decline of 17-18% for the first quarter of fiscal 2021. It also faces forex...
Applied Industrial's (AIT) Q4 earnings beat estimates, while declining year over year due to the adverse impacts of the pandemic on end-market demand and a fall in margins.
Applied Industrial Technologies (AIT) Q4 2020 Results - Earnings Call Transcript
Shares of Applied Industrial Tech (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q4 results.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, aut...
On Wednesday, August 12, Applied Industrial Tech (NYSE: AIT) will report its last quarter's earnings.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2020 fourth quarter and year-end financial results on Wednesday, August 12, ...
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) has published its annual Product Catalog for 2020/2021 with more than 31,000 of its most popular industrial and maintena...
The U.S. economy unexpectedly added 4.8 million jobs in June, breezing past economists??? expectations of job gains of 2.9 million.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Applied Industrial (AIT) is likely to gain from cost-reduction measures, a diversified business structure and focus on driving operational excellence. Also, synergistic gains from buyouts and ...
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) Board of Directors has declared a quarterly cash dividend of $0.32 per common share, payable on August 31, 2020, to shar...
Applied Industrial Technologies (AIT) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Industrial production exhibits the highest monthly gain in May. The results reflect healthy growth in the manufacturing sector.
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A Relative Strength Rating upgrade for Applied Industrial Technologies shows improving technical performance. Will it continue?
Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
As of late, it has definitely been a great time to be an investor in Applied Industrial.
Applied Industrial (AIT) suffers from the pandemic-related uncertainties, evident from an organic sales decline in April. However, cost-reduction measures will likely help mitigate financial s...
Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q3 2020 Results - Earnings Call Transcript
Applied Industrial's (AIT) Q3 earnings beat estimates, while declining year over year on lower sales generation and a fall in margins. Revenues in April decline due to the pandemic-related woes.
Shares of Applied Industrial Tech (NYSE:AIT) were flat in pre-market trading after the company reported Q3 results.
About AIT
Applied Industrial Technologies distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in 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, machinery and robotics automation products, industrial rubbe... [Read more...]
| Industry Industrial Distribution | Founded 1923 |
| CEO Neil Schrimsher | Employees 6,054 |
| Stock Exchange NYSE | Ticker Symbol AIT |
Financial Performance
In 2020, AIT's revenue was $3.25 billion, a decrease of -6.54% compared to the previous year's $3.47 billion. Earnings were $24.04 million, a decrease of -83.30%.
Analyst Forecasts
According to 5 analysts, the average rating for AIT stock is "Strong Buy." The 12-month stock price forecast is 90.25, which is an increase of 1.76% from the latest price.