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
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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 3 | 3 | 3 | 3 | 5 | 6 |
Hold | 0 | 0 | 0 | 0 | 0 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 6 | 8 |
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 |
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%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 |
---|---|---|---|
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 | 2025 | 2026 | 2027 |
---|---|---|---|
High | 7.4% | 11.2% | 8.7% |
Avg | 2.1% | 5.3% | 4.1% |
Low | -1.8% | 0.0% | 0.5% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
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 | 2025 | 2026 | 2027 |
---|---|---|---|
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.