Home » Stocks » AIT

Applied Industrial Technologies, Inc. (AIT)

Stock Price: $88.69 USD 2.64 (3.07%)
Updated Feb 24, 2021 4:00 PM EST - Market closed
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

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation
Zacks Investment Research - 8 hours ago

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.

Zacks Investment Research - 2 weeks ago

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 (...

Other stocks mentioned: HAIN, IP, NPO, SCHN
Zacks Investment Research - 3 weeks ago

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.

Seeking Alpha - 3 weeks ago

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q2 2021 Results - Earnings Call Transcript

Zacks Investment Research - 3 weeks ago

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...

Business Wire - 3 weeks ago

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...

Zacks Investment Research - 4 weeks ago

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...

Other stocks mentioned: DOV, PNR, SWK
Zacks Investment Research - 1 month ago

Let's see if Applied Industrial Technologies (AIT) stock is a good choice for value-oriented investors right now from multiple angles.

Business Wire - 1 month ago

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 ...

Zacks Investment Research - 1 month ago

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.

Business Wire - 1 month ago

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Gibson Engineering Company, Inc. (“Gibson”), a provider of automation products, services...

Zacks Investment Research - 2 months ago

Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research - 2 months ago

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...

Zacks Investment Research - 3 months ago

Applied Industrial (AIT) to benefit from solid product and service offerings, synergistic gains from buyouts, focus on reducing costs, and shareholder-friendly policies.

Zacks Investment Research - 3 months ago

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.

Seeking Alpha - 3 months ago

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q1 2021 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

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...

Benzinga - 3 months ago

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...

Business Wire - 3 months ago

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...

Zacks Investment Research - 4 months ago

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.

Zacks Investment Research - 4 months ago

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.

Business Wire - 4 months ago

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...

Business Wire - 4 months ago

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 ...

Zacks Investment Research - 4 months ago

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.

Zacks Investment Research - 5 months ago

Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?

Business Wire - 5 months ago

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...

Zacks Investment Research - 6 months ago

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...

Zacks Investment Research - 6 months ago

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.

Seeking Alpha - 6 months ago

Applied Industrial Technologies (AIT) Q4 2020 Results - Earnings Call Transcript

Benzinga - 6 months ago

Shares of Applied Industrial Tech (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q4 results.

Business Wire - 6 months ago

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...

Benzinga - 6 months ago

On Wednesday, August 12, Applied Industrial Tech (NYSE: AIT) will report its last quarter's earnings.

Business Wire - 7 months ago

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, ...

Business Wire - 7 months ago

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...

Zacks Investment Research - 7 months ago

The U.S. economy unexpectedly added 4.8 million jobs in June, breezing past economists??? expectations of job gains of 2.9 million.

Other stocks mentioned: BKE, CBRL, PEJ, WST, XLI, XLV, XRT
Zacks Investment Research - 7 months ago

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...

Zacks Investment Research - 7 months ago

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 ...

Business Wire - 7 months ago

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...

Zacks Investment Research - 8 months ago

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.

Zacks Investment Research - 8 months ago

Industrial production exhibits the highest monthly gain in May. The results reflect healthy growth in the manufacturing sector.

Other stocks mentioned: AIMC, LAKE, MSM, SITE
Zacks Investment Research - 8 months ago

Top Ranked Momentum Stocks to Buy for June 15th

Other stocks mentioned: AFI, BHP, BIG
Zacks Investment Research - 8 months ago

Top Ranked Momentum Stocks to Buy for June 11th

Other stocks mentioned: BHP, BOXL, EQT
Investors Business Daily - 8 months ago

A Relative Strength Rating upgrade for Applied Industrial Technologies shows improving technical performance. Will it continue?

Zacks Investment Research - 8 months ago

Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 8 months ago

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...

Zacks Investment Research - 8 months ago

As of late, it has definitely been a great time to be an investor in Applied Industrial.

Zacks Investment Research - 8 months ago

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...

Seeking Alpha - 9 months ago

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 9 months ago

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.

Benzinga - 9 months ago

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$90.25
(1.76% upside)
Analyst Consensus: Strong Buy