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How to buy Applied Industrial Technologies stock (AIT)

Buy Applied Industrial Technologies stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Applied Industrial Technologies is an industrial distribution business based in the US. Applied Industrial Technologies shares (AIT) are listed on the NYSE and all prices are listed in US Dollars. Applied Industrial Technologies employs 6,350 staff and has a trailing 12-month revenue of around $4.5 billion.

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Applied Industrial Technologies stock price (NYSE: AIT)

Use our graph to track the performance of AIT stocks over time.

Applied Industrial Technologies shares at a glance

Information last updated 2024-07-21.
Latest market close$207.14
52-week range$137.22 - $212.19
50-day moving average $192.98
200-day moving average $180.83
Wall St. target price$216.25
PE ratio 21.3606
Dividend yield $1.42 (0.73%)
Earnings per share (TTM) $9.54

Is it a good time to buy Applied Industrial Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Applied Industrial Technologies price performance over time

Historical closes compared with the close of $207.14 from 2024-07-22

1 week (2024-07-17) -0.76%
1 month (2024-06-24) 8.64%
3 months (2024-04-24) 11.31%
6 months (2024-01-24) 18.03%
1 year (2023-07-24) 44.32%
2 years (2022-07-22) 119.13%
3 years (2021-07-23) 136.43%
5 years (2019-07-24) 251.86%

Is Applied Industrial Technologies stock undervalued or overvalued?

Valuing Applied Industrial Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Applied Industrial Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Applied Industrial Technologies's P/E ratio

Applied Industrial Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Applied Industrial Technologies shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Applied Industrial Technologies's PEG ratio

Applied Industrial Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8827. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Applied Industrial Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Applied Industrial Technologies's EBITDA

Applied Industrial Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $535.6 million.

The EBITDA is a measure of a Applied Industrial Technologies's overall financial performance and is widely used to measure a its profitability.

Applied Industrial Technologies financials

Revenue TTM $4.5 billion
Operating margin TTM 10.57%
Gross profit TTM $1.3 billion
Return on assets TTM 11.05%
Return on equity TTM 24.56%
Profit margin 8.37%
Book value $43.19
Market Capitalization $7.9 billion

TTM: trailing 12 months

Applied Industrial Technologies share dividends

15%

Dividend payout ratio: 15.34% of net profits

Recently Applied Industrial Technologies has paid out, on average, around 15.34% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.73% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Applied Industrial Technologies shareholders could enjoy a 0.73% return on their shares, in the form of dividend payments. In Applied Industrial Technologies's case, that would currently equate to about $1.42 per share.

While Applied Industrial Technologies's payout ratio might seem low, this can signify that Applied Industrial Technologies is investing more in its future growth.

Applied Industrial Technologies's most recent dividend payout was on 29 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 August 2024 (the "ex-dividend date").

Have Applied Industrial Technologies's shares ever split?

Applied Industrial Technologies's shares were split on a 3:2 basis on 15 June 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Applied Industrial Technologies shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Applied Industrial Technologies shares which in turn could have impacted Applied Industrial Technologies's share price.

Applied Industrial Technologies share price volatility

Over the last 12 months, Applied Industrial Technologies's shares have ranged in value from as little as $137.2225 up to $212.19. A popular way to gauge a stock's volatility is its "beta".

AIT.US volatility(beta: 1.06)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Applied Industrial Technologies's is 1.057. This would suggest that Applied Industrial Technologies's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Applied Industrial Technologies overview

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers.

Frequently asked questions

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What percentage of Applied Industrial Technologies is owned by insiders or institutions?
Currently 1.25% of Applied Industrial Technologies shares are held by insiders and 94.399% by institutions.
How many people work for Applied Industrial Technologies?
Latest data suggests 6,350 work at Applied Industrial Technologies.
When does the fiscal year end for Applied Industrial Technologies?
Applied Industrial Technologies's fiscal year ends in June.
Where is Applied Industrial Technologies based?
Applied Industrial Technologies's address is: 1 Applied Plaza, Cleveland, OH, United States, 44115
What is Applied Industrial Technologies's ISIN number?
Applied Industrial Technologies's international securities identification number is: US03820C1053
What is Applied Industrial Technologies's CUSIP number?
Applied Industrial Technologies's Committee on Uniform Securities Identification Procedures number is: 074005208

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