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Applied Industrial Technologies, Inc. (AIT)

Stock Price: $76.88 USD 0.33 (0.43%)
Updated December 3, 4:00 PM EST - Market closed
After-hours: $77.08 +0.20 (0.26%) Dec 3, 4:10 PM

Stock Price Chart

Key Info

Market Cap 2.98B
Revenue (ttm) 3.14B
Net Income (ttm) 20.03M
Shares Out 38.72M
EPS (ttm) 0.51
PE Ratio 150.75
Forward PE n/a
Dividend $1.28
Dividend Yield 1.66%

Stock Quote

Trading Day December 3
Last Price $76.88
Previous Close $76.55
Change ($) 0.33
Change (%) 0.43%
Day's Open 76.68
Day's Range 76.33 - 77.61
Day's Volume 96,873
52-Week Range 31.52 - 81.76

More Stats

Market Cap 2.98B
Enterprise Value 3.58B
Earnings Date (est) n/a
Ex-Dividend Date Nov 13, 2020
Shares Outstanding 38.72M
Float n/a
EPS (basic) 0.51
EPS (diluted) 0.51
FCF / Share 8.05
Dividend $1.28
Dividend Yield 1.66%
Earnings Yield 0.66%
FCF Yield 10.46%
Payout Ratio 249.00%
Shares Short 409,719
Short Ratio 2.47
Short % of Float n/a
Beta 1.48
PE Ratio 150.75
Forward PE n/a
P/FCF Ratio 9.56
PS Ratio 0.95
PB Ratio 3.52
Revenue 3.14B
Operating Income 80.13M
Net Income 20.03M
Free Cash Flow 311.83M
Net Cash -600.42M
Net Cash / Share -15.49
Gross Margin 30.02%
Operating Margin 2.55%
Profit Margin 0.60%
FCF Margin 9.94%
ROA 5.84%
ROE 2.21%
ROIC 5.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 3
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$78.50*
(2.11% upside)
Low
75.0
Current: $76.88
High
85.0
Target: 78.50
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue3,2463,4733,0732,5942,5192,7522,4602,4622,3752,213
Revenue Growth-6.54%13%18.49%2.95%-8.44%11.86%-0.09%3.65%7.35%-
Gross Profit9381,008884738707770687683654613
Operating Income88.9923422617589.78185164176168151
Net Income24.0414414213429.5811511311810996.76
Shares Outstanding38.7138.5938.7039.0339.0340.1641.7742.1442.2042.37
Earnings Per Share0.623.683.613.400.752.802.672.782.542.24
EPS Growth-83.15%1.94%6.18%353.33%-73.21%4.87%-3.96%9.45%13.39%-
Dividend Per Share1.261.221.181.141.101.040.960.880.800.70
Dividend Growth3.28%3.39%3.51%3.64%5.77%8.33%9.09%10%14.29%-
Operating Cash Flow29718114716516215711011190.4276.84
Capital Expenditures-18.17-17.97-22.25-14.12-12.53-13.00-19.31-11.24-24.76-19.11
Free Cash Flow27916312515014914490.8010065.6657.74
Cash & Equivalents26910854.1510559.8669.4771.1973.1678.4491.09
Total Debt934958964292328321171---
Net Cash / Debt-665-850-910-187-268-252-99.5273.1678.4491.09
Assets2,2842,3322,2861,3881,3121,4331,3341,059962915
Liabilities1,4401,4351,471642654691534299290281
Book Value844897815745658741800760672634
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Applied Industrial Technologies, Inc.
Country United States
Employees 6,141
CEO Neil Schrimsher

Stock Information

Ticker Symbol AIT
Stock Exchange NYSE
Sector Industrials
Industry Industrial Distribution
Unique Identifier NYSE: AIT

Description

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 rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and offers motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, 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 offers equipment repair and technical support services. It offers 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, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.