Applied Industrial Technologies, Inc. (AIT): Price and Financial Metrics
AIT Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for AIT is 3.47 -- better than 86.43% of US stocks.
- AIT's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 158.29 -- higher than 79.9% of US-listed equities with positive expected earnings growth.
- AIT's went public 35.19 years ago, making it older than 92.78% of listed US stocks we're tracking.
- If you're looking for stocks that are quantitatively similar to Applied Industrial Technologies Inc, a group of peers worth examining would be JW.A, VNCE, PVH, GHC, and SCHL.
- Visit AIT's SEC page to see the company's official filings. To visit the company's web site, go to www.applied.com.
AIT Stock Price Chart Interactive Chart >
AIT Price/Volume Stats
| Current price | $87.69 | 52-week high | $89.81 |
| Prev. close | $85.84 | 52-week low | $30.66 |
| Day low | $85.86 | Volume | 124,892 |
| Day high | $88.58 | Avg. volume | 173,353 |
| 50-day MA | $80.87 | Dividend yield | 1.54% |
| 200-day MA | $68.11 | Market Cap | 3.41B |
Applied Industrial Technologies, Inc. (AIT) Company Bio
Applied Industrial Technologies distributes industrial products for maintenance, repair, and operational needs, as well as for original equipment manufacturing applications primarily in the United States, Canada, Mexico, Australia, and New Zealand. The company was founded in 1923 and is based in Cleveland, Ohio.
AIT Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $87.69 | $163.48 | 90% |
Below please find a table outlining a discounted cash flow forecast for AIT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Applied Industrial Technologies Inc ranked in the 68th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Applied Industrial Technologies Inc ended up being:
- Applied Industrial Technologies Inc's weighted average cost of capital (WACC) is 11%; for context, that number is higher than 72.35% of tickers in our DCF set.
- Applied Industrial Technologies Inc's effective tax rate, as measured by taxes paid relative to net income, is at 36 -- greater than 92.39% of US stocks with positive free cash flow.
- The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 71.14% of stocks in its sector (Industrials).
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 87% |
| 1% | 89% |
| 2% | 90% |
| 3% | 92% |
| 4% | 94% |
| 5% | 96% |
ACY, CBZ, RLGT, GPN, and BV can be thought of as valuation peers to AIT, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Latest AIT News From Around the Web
Below are the latest news stories about Applied Industrial Technologies Inc that investors may wish to consider to help them evaluate AIT as an investment opportunity.
The Zacks Analyst Blog Highlights: Schnitzer Steel Industries, Applied Industrial Technologies, International Paper, EnPro Industries and Hain CelestialThe Zacks Analyst Blog Highlights: Schnitzer Steel Industries, Applied Industrial Technologies, International Paper, EnPro Industries and Hain Celestial |
Why It Might Not Make Sense To Buy Applied Industrial Technologies, Inc. (NYSE:AIT) For Its Upcoming DividendApplied Industrial Technologies, Inc. ( NYSE:AIT ) stock is about to trade ex-dividend in 4 days. Ex-dividend means... |
Applied Industrial Technologies Reports Fiscal 2021 Second Quarter ResultsCLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2021 second quarter ended December 31, 2020. Net sales for the quarter decreased 9.9% to $751.3 million from $833.4 million in the prior year. The change includes a 0.5% increase from acquisitions and a 0.1% incre |
Applied Industrial Technologies Inc (AIT) Q2 2021 Earnings Call TranscriptBefore we begin, just a reminder, we'll discuss our business outlook and make forward-looking statements. All forward-looking statements are based on current expectations, subject to certain risks, including the potential impact from the COVID-19 pandemic as well as trends and sectors and geographies, the success of our business strategy and other risk factors. Actual results may differ materially from those expressed in the forward-looking statements. |
Applied Industrial Technologies, Inc. to Host Earnings CallNEW YORK, NY / ACCESSWIRE / January 28, 2021 / Applied Industrial Technologies, Inc. (NYSE:AIT) will be discussing their earnings results in their 2021 Second Quarter Earnings call to be held on January 28, 2021 at 10:00 AM Eastern Time. |
AIT Price Returns
| 1-mo | 22.31% |
| 3-mo | 14.53% |
| 6-mo | 45.11% |
| 1-year | 54.52% |
| 3-year | 31.52% |
| 5-year | 143.82% |
| YTD | 12.90% |
| 2020 | 19.37% |
| 2019 | 26.35% |
| 2018 | -19.41% |
| 2017 | 16.89% |
| 2016 | 50.35% |
AIT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching AIT
Want to see what other sources are saying about Applied Industrial Technologies Inc's financials and stock price? Try the links below:Applied Industrial Technologies Inc (AIT) Stock Price | Nasdaq
Applied Industrial Technologies Inc (AIT) Stock Quote, History and News - Yahoo Finance
Applied Industrial Technologies Inc (AIT) Stock Price and Basic Information | MarketWatch
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