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Applied Industrial Technologies (AIT) Competitors

$215.01
+5.35 (+2.55%)
(As of 07/26/2024 ET)

AIT vs. WSO, WCC, BECN, AL, MSM, GATX, RUSHA, HEES, MRC, and BXC

Should you be buying Applied Industrial Technologies stock or one of its competitors? The main competitors of Applied Industrial Technologies include Watsco (WSO), WESCO International (WCC), Beacon Roofing Supply (BECN), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC), and BlueLinx (BXC). These companies are all part of the "trading companies & distributors" industry.

Applied Industrial Technologies vs.

Applied Industrial Technologies (NYSE:AIT) and Watsco (NYSE:WSO) are both industrial products companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, media sentiment, profitability, community ranking, dividends, valuation, institutional ownership and earnings.

Watsco received 84 more outperform votes than Applied Industrial Technologies when rated by MarketBeat users. However, 58.57% of users gave Applied Industrial Technologies an outperform vote while only 55.46% of users gave Watsco an outperform vote.

CompanyUnderperformOutperform
Applied Industrial TechnologiesOutperform Votes
246
58.57%
Underperform Votes
174
41.43%
WatscoOutperform Votes
330
55.46%
Underperform Votes
265
44.54%

In the previous week, Applied Industrial Technologies had 1 more articles in the media than Watsco. MarketBeat recorded 8 mentions for Applied Industrial Technologies and 7 mentions for Watsco. Applied Industrial Technologies' average media sentiment score of 1.49 beat Watsco's score of 0.80 indicating that Applied Industrial Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Industrial Technologies
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Watsco
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Applied Industrial Technologies pays an annual dividend of $1.48 per share and has a dividend yield of 0.7%. Watsco pays an annual dividend of $10.80 per share and has a dividend yield of 2.1%. Applied Industrial Technologies pays out 15.5% of its earnings in the form of a dividend. Watsco pays out 83.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Watsco has higher revenue and earnings than Applied Industrial Technologies. Applied Industrial Technologies is trading at a lower price-to-earnings ratio than Watsco, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Industrial Technologies$4.48B1.85$346.74M$9.5422.54
Watsco$7.28B2.82$536.34M$13.0039.27

Applied Industrial Technologies presently has a consensus target price of $201.00, indicating a potential downside of 6.52%. Watsco has a consensus target price of $410.57, indicating a potential downside of 19.58%. Given Applied Industrial Technologies' stronger consensus rating and higher probable upside, equities analysts plainly believe Applied Industrial Technologies is more favorable than Watsco.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Industrial Technologies
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Watsco
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Applied Industrial Technologies has a net margin of 8.36% compared to Watsco's net margin of 7.03%. Applied Industrial Technologies' return on equity of 23.69% beat Watsco's return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Industrial Technologies8.36% 23.69% 13.35%
Watsco 7.03%19.26%12.65%

93.5% of Applied Industrial Technologies shares are owned by institutional investors. Comparatively, 89.7% of Watsco shares are owned by institutional investors. 2.2% of Applied Industrial Technologies shares are owned by insiders. Comparatively, 12.9% of Watsco shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Applied Industrial Technologies has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Watsco has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500.

Summary

Applied Industrial Technologies beats Watsco on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AIT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AIT vs. The Competition

MetricApplied Industrial TechnologiesMachinery, equipment, & supplies IndustryIndustrial SectorNYSE Exchange
Market Cap$8.09B$1.87B$9.34B$18.50B
Dividend Yield0.71%0.72%2.06%3.51%
P/E Ratio22.5413.9120.8825.04
Price / Sales1.851.178.0615.37
Price / Cash19.8330.7617.6019.61
Price / Book5.702.153.685.08
Net Income$346.74M$68.26M$458.99M$977.27M
7 Day Performance5.51%5.91%1.38%1.57%
1 Month Performance11.41%13.32%5.91%5.69%
1 Year Performance50.77%27.11%3.82%9.05%

Applied Industrial Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WSO
Watsco
3.3209 of 5 stars
3.32 / 5 stars
$510.55
+4.1%
$410.57
-19.6%
+36.9%$19.77B$7.28B39.277,425Upcoming Earnings
WCC
WESCO International
4.4241 of 5 stars
4.42 / 5 stars
$170.50
+1.5%
$191.17
+12.1%
+0.6%$8.53B$22.39B14.2020,000Upcoming Earnings
Short Interest ↓
News Coverage
Gap Up
BECN
Beacon Roofing Supply
3.4715 of 5 stars
3.47 / 5 stars
$101.16
+2.9%
$109.45
+8.2%
+20.9%$6.43B$9.12B-160.578,063Upcoming Earnings
Short Interest ↓
News Coverage
AL
Air Lease
4.3939 of 5 stars
4.39 / 5 stars
$49.47
+2.4%
$53.80
+8.8%
+19.2%$5.51B$2.68B9.97150Upcoming Earnings
News Coverage
MSM
MSC Industrial Direct
4.4224 of 5 stars
4.42 / 5 stars
$87.63
+2.3%
$90.20
+2.9%
-12.3%$4.92B$4.01B17.027,377
GATX
GATX
1.2593 of 5 stars
1.26 / 5 stars
$139.92
+2.9%
$132.67
-5.2%
+9.8%$4.84B$1.50B19.932,020Earnings Report
Short Interest ↑
RUSHA
Rush Enterprises
4.5552 of 5 stars
4.56 / 5 stars
$49.50
+3.2%
$60.00
+21.2%
+13.8%$3.77B$7.93B12.517,860Upcoming Earnings
Positive News
HEES
H&E Equipment Services
4.5373 of 5 stars
4.54 / 5 stars
$53.27
+1.8%
$63.00
+18.3%
+14.0%$1.95B$1.47B11.412,765Upcoming Earnings
MRC
MRC Global
2.7226 of 5 stars
2.72 / 5 stars
$14.85
+1.9%
$15.67
+5.5%
+32.5%$1.26B$3.41B17.272,800Short Interest ↑
BXC
BlueLinx
0.9561 of 5 stars
0.96 / 5 stars
$124.89
+6.0%
$130.00
+4.1%
+33.1%$1.08B$3.14B23.432,000Upcoming Earnings
Positive News
Gap Up

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This page (NYSE:AIT) was last updated on 7/27/2024 by MarketBeat.com Staff

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