Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
232.66
+1.16 (0.50%)
Nov 4, 2024, 4:00 PM EST - Market closed

Applied Industrial Technologies Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for AIT stock have an average target of 255.63, with a low estimate of 215 and a high estimate of 285. The average target predicts an increase of 9.87% from the current stock price of 232.66.

Analyst Consensus: Buy
Target Low Average Median High
Price $215 $255.63 $260 $285
Change -7.59% +9.87% +11.75% +22.50%

Analyst Ratings

The average analyst rating for Applied Industrial Technologies stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 333356
Hold 000001
Sell 000000
Strong Sell 000000
Total 444468

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Loop Capital
Loop Capital
Strong Buy
Maintains
$230$270
Strong Buy Maintains $230$270 +16.05% Oct 28, 2024
Raymond James
Raymond James
Buy
Maintains
$225$250
Buy Maintains $225$250 +7.45% Oct 25, 2024
B of A Securities
B of A Securities
Hold
Maintains
$232$240
Hold Maintains $232$240 +3.15% Oct 25, 2024
Keybanc
Keybanc
Buy
Maintains
$245$275
Buy Maintains $245$275 +18.20% Oct 25, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$235$260
Buy Maintains $235$260 +11.75% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.57B
from 4.48B
Increased by 2.07%
Revenue Next Year
4.82B
from 4.57B
Increased by 5.34%
EPS This Year
9.85
from 9.83
Increased by 0.18%
EPS Next Year
10.67
from 9.85
Increased by 8.37%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
3.25B3.24B3.81B4.41B4.48B4.57B4.82B5.01B
Revenue Growth
-6.54%-0.30%17.76%15.80%1.51%2.07%5.34%4.07%
EPS
0.623.686.588.849.839.8510.6711.69
EPS Growth
-83.15%493.55%78.80%34.35%11.20%0.18%8.37%9.55%
Forward PE
-----23.6321.8019.90
No. Analysts -----993
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 4.8B 5.1B 5.2B
Avg 4.6B 4.8B 5.0B
Low 4.4B 4.6B 4.8B

Revenue Growth

Revenue Growth 202520262027
High
7.4%
11.2%
8.7%
Avg
2.1%
5.3%
4.1%
Low
-1.8%
0.0%
0.5%

EPS Forecast

EPS 202520262027
High 10.41 11.34 12.48
Avg 9.85 10.67 11.69
Low 9.42 10.09 11.03

EPS Growth

EPS Growth 202520262027
High
5.9%
15.2%
17.0%
Avg
0.2%
8.4%
9.5%
Low
-4.2%
2.5%
3.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.