Applied Industrial Technologies (AIT)
(Real Time Quote from BATS)
$183.50 USD
-0.49 (-0.27%)
Updated Apr 19, 2024 10:46 AM ET
1-Strong Buy of 5 1
C Value B Growth C Momentum C VGM
Company Summary
Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in Australia, North America, Singapore and New Zealand.
The company is also well known in the market for its engineering, design and systems integration services. Moreover, its inventory management solutions and maintenance training services boost the value of end users in the market. The company, ...
Company Summary
Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in Australia, North America, Singapore and New Zealand.
The company is also well known in the market for its engineering, design and systems integration services. Moreover, its inventory management solutions and maintenance training services boost the value of end users in the market. The company, founded in 1923, is currently headquartered in Cleveland, OH.
Applied Industrial reports revenues under two business segments — Service Center-Based Distribution, and Fluid Power & Flow Control. A brief discussion on the segments is provided below:
Service Center Based Distribution (67.2% of net revenues in fiscal 2023) segment offers different types of industrial products majorly through service centers in New Zealand, Australia and North America.
This segment also provides services in the oil and gas industry as well as includes operations of fabricated rubber shops (regional) and rubber service field crews. Service offerings of Applied Maintenance Supplies & Solutions come under the ambit of this segment.
Engineered Solutions (formerly Fluid Power & Flow Control segment) (32.8%) segment includes specialized regional companies that offer fluid power components, assembling and designing of fluid power systems, and provides equipment repairing services. These products and services are traded to the end-users directly in the absence of any service centers. In addition, the segment engages in the integration of flow control system, pump repair and others.
General Information
Applied Industrial Technologies, Inc
ONE APPLIED PLAZA
CLEVELAND, OH 44115
Phone: 216-426-4000
Fax: 216-426-4845
Email: rcieslak@applied.com
Industry | Manufacturing - General Industrial |
Sector | Industrial Products |
Fiscal Year End | June |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 4/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.40 |
Current Year EPS Consensus Estimate | 9.49 |
Estimated Long-Term EPS Growth Rate | 10.00 |
Earnings Date | 4/25/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 183.99 |
52 Week High | 201.76 |
52 Week Low | 122.24 |
Beta | 1.08 |
20 Day Moving Average | 245,732.00 |
Target Price Consensus | 201.00 |
4 Week | -8.47 |
12 Week | 4.27 |
YTD | 6.54 |
4 Week | -4.26 |
12 Week | 1.84 |
YTD | 1.41 |
Shares Outstanding (millions) | 38.67 |
Market Capitalization (millions) | 7,114.79 |
Short Ratio | NA |
Last Split Date | 6/16/2006 |
Dividend Yield | 0.80% |
Annual Dividend | $1.48 |
Payout Ratio | 0.15 |
Change in Payout Ratio | -0.10 |
Last Dividend Payout / Amount | 2/14/2024 / $0.37 |
Fundamental Ratios
P/E (F1) | 19.39 |
Trailing 12 Months | 19.66 |
PEG Ratio | 1.94 |
vs. Previous Year | 9.27% |
vs. Previous Quarter | -6.28% |
vs. Previous Year | 1.59% |
vs. Previous Quarter | -1.65% |
Price/Book | 4.42 |
Price/Cash Flow | 17.83 |
Price / Sales | 1.59 |
3/31/24 | NA |
12/31/23 | 24.59 |
9/30/23 | 25.39 |
3/31/24 | NA |
12/31/23 | 13.51 |
9/30/23 | 13.55 |
3/31/24 | NA |
12/31/23 | 3.74 |
9/30/23 | 3.52 |
3/31/24 | NA |
12/31/23 | 2.59 |
9/30/23 | 2.44 |
3/31/24 | NA |
12/31/23 | 8.24 |
9/30/23 | 8.10 |
3/31/24 | NA |
12/31/23 | 8.39 |
9/30/23 | 8.18 |
3/31/24 | NA |
12/31/23 | 10.74 |
9/30/23 | 10.56 |
3/31/24 | NA |
12/31/23 | 41.58 |
9/30/23 | 39.63 |
3/31/24 | NA |
12/31/23 | 6.13 |
9/30/23 | 6.10 |
3/31/24 | NA |
12/31/23 | 0.36 |
9/30/23 | 0.39 |
3/31/24 | NA |
12/31/23 | 26.23 |
9/30/23 | 27.98 |