NYSE
AIT

Applied Industrial Technologies

Industrial Distribution
Industrials

Prices are adjusted according to historical splits.

Applied Industrial Technologies Stock Price

Vitals

Today's Low:
$158.71
Today's High:
$162.67
Open Price:
$160.94
52W Low:
$87.3919
52W High:
$149.0558
Prev. Close:
$161.5
Volume:
196780

Company Statistics

Market Cap.:
$5.47 billion
Book Value:
33.573
Revenue TTM:
$4.16 billion
Operating Margin TTM:
10.15%
Gross Profit TTM:
$1.11 billion
Profit Margin:
7.32%
Return on Assets TTM:
11.13%
Return on Equity TTM:
26.3%

Company Profile

Applied Industrial Technologies had its IPO on 1984-09-07 under the ticker symbol AIT.

The company operates in the Industrials sector and Industrial Distribution industry. Applied Industrial Technologies has a staff strength of 6,157 employees.

Stock update

Shares of Applied Industrial Technologies opened at $160.94 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $158.71 - $162.67, and closed at $159.67.

This is a -1.13% slip from the previous day's closing price.

A total volume of 196,780 shares were traded at the close of the day’s session.

In the last one week, shares of Applied Industrial Technologies have increased by +1.65%.

Applied Industrial Technologies's Key Ratios

Applied Industrial Technologies has a market cap of $5.47 billion, indicating a price to book ratio of 4.033 and a price to sales ratio of 1.2044.

In the last 12-months Applied Industrial Technologies’s revenue was $4.16 billion with a gross profit of $1.11 billion and an EBITDA of $475.91 million. The EBITDA ratio measures Applied Industrial Technologies's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Applied Industrial Technologies’s operating margin was 10.15% while its return on assets stood at 11.13% with a return of equity of 26.3%.

In Q4, Applied Industrial Technologies’s quarterly earnings growth was a positive 40.4% while revenue growth was a positive 20.9%.

Applied Industrial Technologies’s PE and PEG Ratio

Forward PE
0
Trailing PE
18.1874
PEG
1.71

Its diluted EPS in the last 12-months stands at $7.79 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.71. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Applied Industrial Technologies’s profitability.

Applied Industrial Technologies stock is trading at a EV to sales ratio of 1.3633 and a EV to EBITDA ratio of 12.3255. Its price to sales ratio in the trailing 12-months stood at 1.2044.

Applied Industrial Technologies stock pays annual dividends of $1.36 per share, indicating a yield of 0.99% and a payout ratio of 17.59%.

Balance sheet and cash flow metrics

Total Assets
$2.52 billion
Total Liabilities
$447.21 million
Operating Cash Flow
$-32707000.00
Capital Expenditure
$7.26 million
Dividend Payout Ratio
17.59%

Applied Industrial Technologies ended 2024 with $2.52 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.52 billion while shareholder equity stood at $1.30 billion.

Applied Industrial Technologies ended 2024 with $0 in deferred long-term liabilities, $447.21 million in other current liabilities, 10000000.00 in common stock, $1.64 billion in retained earnings and $572.32 million in goodwill. Its cash balance stood at $165.54 million and cash and short-term investments were $165.54 million. The company’s total short-term debt was $25,189,000 while long-term debt stood at $624.05 million.

Applied Industrial Technologies’s total current assets stands at $1.42 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $654.51 million compared to accounts payable of $250.41 million and inventory worth $523.02 million.

In 2024, Applied Industrial Technologies's operating cash flow was $-32707000.00 while its capital expenditure stood at $7.26 million.

Comparatively, Applied Industrial Technologies paid $0.18 in dividends in 2024.

Other key metrics

Current Trading Price
$159.67
52-Week High
$149.0558
52-Week Low
$87.3919
Analyst Target Price
$164

Applied Industrial Technologies stock is currently trading at $159.67 per share. It touched a 52-week high of $149.0558 and a 52-week low of $149.0558. Analysts tracking the stock have a 12-month average target price of $164.

Its 50-day moving average was $148.32 and 200-day moving average was $136.54 The short ratio stood at 1.94 indicating a short percent outstanding of 0%.

Around 154.3% of the company’s stock are held by insiders while 9406.3% are held by institutions.

Frequently Asked Questions About Applied Industrial Technologies

The stock symbol (also called stock or share ticker) of Applied Industrial Technologies is AIT

The IPO of Applied Industrial Technologies took place on 1984-09-07

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About

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. 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 equipment repair and technical support services. It distributes 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, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Address

1 Applied Plaza, Cleveland, OH, United States, 44115