Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
After finishing at $245.19 in the prior trading day, Applied Industrial Technologies Inc (NYSE: AIT) closed at $245.74, up 0.22%. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.31 million shares were traded. AIT stock price reached its highest trading level at $247.09 during the session, while it also had its lowest trading level at $244.075.
Ratios:
Our goal is to gain a better understanding of AIT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.33. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AIT now has a Market Capitalization of 9358909440 and an Enterprise Value of 9064632320. As of this moment, Applied’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.65, and their Forward P/E ratio for the next fiscal year is 23.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 5.14. Its current Enterprise Value per Revenue stands at 2.015 whereas that against EBITDA is 16.151.
Stock Price History:
The Beta on a monthly basis for AIT is 0.93, which has changed by 0.29719174 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, AIT has reached a high of $282.98, while it has fallen to a 52-week low of $182.21. The 50-Day Moving Average of the stock is 6.62%, while the 200-Day Moving Average is calculated to be 2.40%.
Shares Statistics:
The stock has traded on average 525.65K shares per day over the past 3-months and 1124380 shares per day over the last 10 days, according to various share 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 97.50% stake in the company. Shares short for AIT as of 1749772800 were 1082789 with a Short Ratio of 2.06, compared to 1747267200 on 1212020. Therefore, it implies a Short% of Shares Outstanding of 1082789 and a Short% of Float of 4.099999700000001.
Dividends & Splits
In the trailing 12 months, AIT’s forward annual dividend rate was 1.57, compared to 1.66 this year. Against a Trailing Annual Dividend Yield of 0.0064031975The stock’s 5-year Average Dividend Yield is 1.13. The current Payout Ratio is 14.86% for AIT, which recently paid a dividend on 2025-05-15 with an ex-dividend date of 1755216000. Stock splits for the company last occurred on 2006-06-16 when the company split stock in a 3:2 ratio.
