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Applied Tech (AIT)
NYSE:AIT
Applied Tech (AIT) Stock Price & Analysis
130 Followers
AIT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$87.15 - $148.65
Previous Close$128.09
Volume172.28K
Average Volume (3M)204.41K
Market Cap
$4.95B
Enterprise Value$5.39B
Total Cash (Recent Filing)$182.13M
Total Debt (Recent Filing)$622.20M
Price to Earnings (P/E)14.7
Beta0.90
Next Earnings
Aug 10, 2023EPS Estimate
$2.17Last Dividend Ex-Date
May 12, 2023Dividend Yield
1.38 (1.08%)Share Statistics
EPS (TTM)8.52
Shares Outstanding38,654,124
10 Day Avg. Volume177,345
30 Day Avg. Volume204,410
Standard Deviation0.09
R-Squared0.50
Alpha0.00723
Financial Highlights & Ratios
Price to Book (P/B)8.74
Price to Sales (P/S)4.37
Price to Cash Flow (P/CF)16.20
P/FCF Ratio16.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit4.87
Enterprise Value/Ebitda10.68
Forecast
1Y Price Target
$165.50Price Target Upside29.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Applied Tech News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Monthly Users
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AIT FAQ
What was Applied Tech’s price range in the past 12 months?
Applied Tech lowest stock price was $87.15 and its highest was $148.65 in the past 12 months.
What is Applied Tech’s market cap?
Currently, no data Available
When is Applied Tech’s upcoming earnings report date?
Applied Tech’s upcoming earnings report date is Aug 10, 2023 which is in 74 days.
How were Applied Tech’s earnings last quarter?
Applied Tech released its earnings results on Apr 27, 2023. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.153 by $0.227.
Is Applied Tech overvalued?
According to Wall Street analysts Applied Tech’s price is currently Undervalued.
Does Applied Tech pay dividends?
Applied Tech pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 1.09%. See more information on Applied Tech dividends here
What is Applied Tech’s EPS estimate?
Applied Tech’s EPS estimate is $2.17.
How many shares outstanding does Applied Tech have?
Applied Tech has 38,654,125 shares outstanding.
What happened to Applied Tech’s price movement after its last earnings report?
Applied Tech reported an EPS of $2.38 in its last earnings report, beating expectations of $2.153. Following the earnings report the stock price went up 3.292%.
Which hedge fund is a major shareholder of Applied Tech?
Among the largest hedge funds holding Applied Tech’s share is Royce & Associates LLC. It holds Applied Tech’s shares valued at 29M.
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Applied Tech Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$165.50 (29.21% Upside)
$165.50 (29.21% Upside)
Blogger Sentiment
Bullish
AIT Sentiment 90%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 643.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $215.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.5%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.98%
12-Months-Change
Fundamentals
Return on Equity
26.92%
Trailing 12-Months
Asset Growth
9.44%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Applied Tech
Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Fluid Power Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power Businesses segment consists of specialized regional companies that distribute fluid power components and operate shops to assemble fluid power systems and perform equipment repair. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.
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Top 5 ETFs holding AIT
Vanguard Industrials ETF
$5.53M
Invesco DWA Momentum ETF
$4.85M
Invesco DWA Industrials Momentum ETF
$1.83M
Up to five ETFs with an Outperform Smart Score that hold AIT. The ETFs are listed according to market value of AIT within the ETF
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