Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
245.71
-18.11 (-6.86%)
Feb 21, 2025, 4:00 PM EST - Market closed
Applied Industrial Technologies Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Applied Industrial Technologies stock have an average target of 289.38, with a low estimate of 265 and a high estimate of 325. The average target predicts an increase of 17.77% from the current stock price of 245.71.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Applied Industrial Technologies stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 0 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $250 → $275 | Buy | Maintains | $250 → $275 | +11.92% | Jan 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $250 → $265 | Buy | Reiterates | $250 → $265 | +7.85% | Jan 30, 2025 |
| Keybanc | Keybanc | Buy Maintains $275 → $325 | Buy | Maintains | $275 → $325 | +32.27% | Dec 3, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $285 → $315 | Hold → Strong Buy | Upgrades | $285 → $315 | +28.20% | Nov 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $305 | Buy | Maintains | $260 → $305 | +24.13% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
4.62B
from 4.48B
Increased by 3.03%
Revenue Next Year
4.94B
from 4.62B
Increased by 6.96%
EPS This Year
10.03
from 9.83
Increased by 2.00%
EPS Next Year
10.91
from 10.03
Increased by 8.79%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.8B | 5.3B | 5.5B |
| Avg | 4.6B | 4.9B | 5.2B |
| Low | 4.4B | 4.6B | 4.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.6% | 13.9% | 12.0% |
| Avg | 3.0% | 7.0% | 4.9% |
| Low | -0.8% | 0.7% | -1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 10.54 | 11.71 | 12.72 |
| Avg | 10.03 | 10.91 | 12.01 |
| Low | 9.65 | 10.44 | 11.35 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.2% | 16.8% | 16.6% |
| Avg | 2.0% | 8.8% | 10.1% |
| Low | -1.8% | 4.1% | 4.0% |
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.