NYSE:AIT - Applied Industrial Technologies Stock Price, News, & Analysis

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$56.05 +0.39 (+0.70 %)
(As of 12/19/2018 02:37 AM ET)
Previous Close$55.66
Today's Range$55.7650 - $57.23
52-Week Range$55.28 - $82.35
Volume146,688 shs
Average Volume202,413 shs
Market Capitalization$2.21 billion
P/E Ratio14.99
Dividend Yield2.10%
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power and Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and hydraulic, pneumatic, lubrication, filtration, and flow control components and systems. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies; and rubber service field crews to install and repair conveyor belts and rubber lining at customer locations. In addition, the company rebuilds or assembles speed reducers, pumps, valves, cylinders, and electric and hydraulic motors, as well as custom machining products; and offers flow control and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Machinery, equipment, & supplies
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
Current SymbolNYSE:AIT
Previous Symbol


Debt-to-Equity Ratio1.09
Current Ratio2.76
Quick Ratio1.67


Trailing P/E Ratio14.99
Forward P/E Ratio11.68
P/E Growth0.99

Sales & Book Value

Annual Sales$3.07 billion
Price / Sales0.71
Cash Flow$5.0359 per share
Price / Cash Flow11.13
Book Value$21.06 per share
Price / Book2.66


EPS (Most Recent Fiscal Year)$3.74
Net Income$141.62 million
Net Margins4.82%
Return on Equity19.66%
Return on Assets7.78%


Outstanding Shares38,760,000
Market Cap$2.21 billion

Applied Industrial Technologies (NYSE:AIT) Frequently Asked Questions

What is Applied Industrial Technologies' stock symbol?

Applied Industrial Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIT."

How often does Applied Industrial Technologies pay dividends? What is the dividend yield for Applied Industrial Technologies?

Applied Industrial Technologies declared a quarterly dividend on Wednesday, October 31st. Shareholders of record on Thursday, November 15th will be paid a dividend of $0.30 per share on Friday, November 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Wednesday, November 14th. View Applied Industrial Technologies' Dividend History.

How were Applied Industrial Technologies' earnings last quarter?

Applied Industrial Technologies (NYSE:AIT) released its quarterly earnings data on Wednesday, October, 31st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.12. The industrial products company had revenue of $864.50 million for the quarter, compared to the consensus estimate of $874.74 million. Applied Industrial Technologies had a return on equity of 19.66% and a net margin of 4.82%. The business's revenue for the quarter was up 27.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. View Applied Industrial Technologies' Earnings History.

When is Applied Industrial Technologies' next earnings date?

Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Applied Industrial Technologies.

What guidance has Applied Industrial Technologies issued on next quarter's earnings?

Applied Industrial Technologies updated its FY19 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of $4.55-4.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.68. The company issued revenue guidance of $3.56-$3.63 billion, compared to the consensus revenue estimate of $3.61 billion.Applied Industrial Technologies also updated its FY 2019 guidance to $4.65-4.85 EPS.

What price target have analysts set for AIT?

3 Wall Street analysts have issued 1-year price targets for Applied Industrial Technologies' stock. Their predictions range from $75.00 to $75.00. On average, they anticipate Applied Industrial Technologies' stock price to reach $75.00 in the next year. This suggests a possible upside of 33.8% from the stock's current price. View Analyst Price Targets for Applied Industrial Technologies.

What is the consensus analysts' recommendation for Applied Industrial Technologies?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Industrial Technologies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Applied Industrial Technologies.

Has Applied Industrial Technologies been receiving favorable news coverage?

News stories about AIT stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Applied Industrial Technologies earned a news impact score of 1.9 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Applied Industrial Technologies' key competitors?

Who are Applied Industrial Technologies' key executives?

Applied Industrial Technologies' management team includes the folowing people:
  • Mr. Neil A. Schrimsher, Pres, CEO & Director (Age 54)
  • Mr. David K. Wells, VP, CFO & Treasurer (Age 56)
  • Mr. Fred D. Bauer, VP, Gen. Counsel & Sec. (Age 52)
  • Mr. Kurt W. Loring, VP & Chief Human Resource Officer (Age 49)
  • Mr. Christopher Macey, Corp. Controller & Principal Accounting Officer (Age 45)

Who are Applied Industrial Technologies' major shareholders?

Applied Industrial Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.73%), Vanguard Group Inc. (10.01%), Vanguard Group Inc (10.01%), JPMorgan Chase & Co. (6.10%), Dimensional Fund Advisors LP (3.09%) and FMR LLC (2.83%). Company insiders that own Applied Industrial Technologies stock include Green Edith Kelly, Joe Anthony Raver, L Thomas Hiltz, Mark O Eisele, Peter C Wallace and Todd A Barlett. View Institutional Ownership Trends for Applied Industrial Technologies.

Which institutional investors are selling Applied Industrial Technologies stock?

AIT stock was sold by a variety of institutional investors in the last quarter, including RE Advisers Corp, Prudential Financial Inc., Hsbc Holdings PLC, Grace & White Inc. NY, Wells Fargo & Company MN, Dupont Capital Management Corp, Neuberger Berman Group LLC and Robeco Institutional Asset Management B.V.. Company insiders that have sold Applied Industrial Technologies company stock in the last year include Green Edith Kelly, L Thomas Hiltz, Peter C Wallace and Todd A Barlett. View Insider Buying and Selling for Applied Industrial Technologies.

Which institutional investors are buying Applied Industrial Technologies stock?

AIT stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Macquarie Group Ltd., BlackRock Inc., Canada Pension Plan Investment Board, Rehmann Capital Advisory Group, Strs Ohio and Vanguard Group Inc. View Insider Buying and Selling for Applied Industrial Technologies.

How do I buy shares of Applied Industrial Technologies?

Shares of AIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Applied Industrial Technologies' stock price today?

One share of AIT stock can currently be purchased for approximately $56.05.

How big of a company is Applied Industrial Technologies?

Applied Industrial Technologies has a market capitalization of $2.21 billion and generates $3.07 billion in revenue each year. The industrial products company earns $141.62 million in net income (profit) each year or $3.74 on an earnings per share basis. Applied Industrial Technologies employs 6,634 workers across the globe.

What is Applied Industrial Technologies' official website?

The official website for Applied Industrial Technologies is http://www.applied.com.

How can I contact Applied Industrial Technologies?

Applied Industrial Technologies' mailing address is ONE APPLIED PLAZA, CLEVELAND OH, 44115. The industrial products company can be reached via phone at 216-426-4000 or via email at [email protected]

MarketBeat Community Rating for Applied Industrial Technologies (NYSE AIT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  367
MarketBeat's community ratings are surveys of what our community members think about Applied Industrial Technologies and other stocks. Vote "Outperform" if you believe AIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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