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Applied Industrial Technologies Inc (NYSE: AIT) closed the day trading at $220.69 down -1.53% from the previous closing price of $224.11. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.6 million shares were traded.
Ratios:
For a better understanding of AIT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 26, 2024, Upgraded its rating to Buy and sets its target price to $315 from $285 previously.
On October 22, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $285.
On October 07, 2024, BofA Securities started tracking the stock assigning a Neutral rating and target price of $232.BofA Securities initiated its Neutral rating on October 07, 2024, with a $232 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 25 ’25 when Vasquez Jason W sold 4,475 shares for $248.10 per share. The transaction valued at 1,110,260 led to the insider holds 21,697 shares of the business.
Vasquez Jason W bought 4,475 shares of AIT for $1,110,260 on Feb 25 ’25. On Feb 18 ’25, another insider, Schrimsher Neil A, who serves as the President and CEO of the company, sold 10,680 shares for $269.18 each. As a result, the insider received 2,874,842 and left with 173,606 shares of the company.
Valuation Measures:
As of this moment, Applied’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.13, and their Forward P/E ratio for the next fiscal year is 20.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 4.61.
Stock Price History:
Over the past 52 weeks, AIT has reached a high of $282.98, while it has fallen to a 52-week low of $181.35. The 50-Day Moving Average of the stock is -3.54%, while the 200-Day Moving Average is calculated to be -5.89%.
Shares Statistics:
A total of 38.19M shares are outstanding, with a floating share count of 37.67M. Insiders hold about 1.08% of the company’s shares, while institutions hold 95.97% stake in the company.
Earnings Estimates
Investors are keenly observing as 8.0 analysts analyze and rate the current performance of Applied Industrial Technologies Inc (AIT) in the stock market.The consensus estimate for the next quarter is $2.47, with high estimates of $2.59 and low estimates of $2.38.
Analysts are recommending an EPS of between $10.01 and $9.9 for the fiscal current year, implying an average EPS of $9.95. EPS for the following year is $10.63, with 8.0 analysts recommending between $10.97 and $10.3.
Revenue Estimates
8 analysts predict $1.18B in revenue for the current quarter. It ranges from a high estimate of $1.2B to a low estimate of $1.17B. As of the current estimate, Applied Industrial Technologies Inc’s year-ago sales were $1.16BFor the next quarter, 8 analysts are estimating revenue of $1.16B. There is a high estimate of $1.18B for the next quarter, whereas the lowest estimate is $1.15B.
A total of 8 analysts have provided revenue estimates for AIT’s current fiscal year. The highest revenue estimate was $4.53B, while the lowest revenue estimate was $4.51B, resulting in an average revenue estimate of $4.52B. In the same quarter a year ago, actual revenue was $4.48BBased on 8 analysts’ estimates, the company’s revenue will be $4.79B in the next fiscal year. The high estimate is $4.83B and the low estimate is $4.72B.
