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Applied Industrial Technologies (AIT)

(Real Time Quote from BATS)

$200.42 USD

200.42
57,086

+2.98 (1.51%)

Updated Sep 12, 2024 12:45 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 32% (170 out of 250)

Industry: Manufacturing - General Industrial

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Balance Sheet

Research for AIT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Applied Industrial Technologies, Inc falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Assets          
Cash & Equivalents 461 344 184 258 269
Receivables 725 708 656 516 450
Notes Receivable 0 0 0 0 0
Inventories 488 501 450 363 389
Other Current Assets 96 93 69 60 52
Total Current Assets 1,770 1,647 1,360 1,197 1,160
Net Property & Equipment 119 115 112 116 122
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 865 814 814 840 884
Deposits & Other Assets 65 67 59 33 27
Total Assets 2,952 2,743 2,453 2,272 2,284
Liabilities & Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Notes Payable 0 0 0 0 0
Accounts Payable 267 302 259 208 186
Current Portion Long-Term Debt 25 25 40 44 79
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 93 99 91 78 62
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 116 115 109 98 99
Total Current Liabilities 501 540 500 428 426
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 572 597 649 785 855
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 190 148 154 127 159
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,263 1,285 1,303 1,339 1,440
Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 10 10 10 10 10
Capital Surplus 194 189 184 177 176
Retained Earnings 2,122 1,793 1,500 1,294 1,201
Other Equity -78 -55 -72 -93 -129
Treasury Stock 559 478 472 456 414
Total Shareholder's Equity 1,689 1,458 1,149 933 844
Total Liabilities & Shareholder's Equity 2,952 2,743 2,453 2,272 2,284
Total Common Equity 1,689 1,458 1,149 933 844
Shares Outstanding 38.60 38.60 38.40 38.80 38.70
Book Value Per Share 43.75 37.78 29.93 24.03 21.80

Fiscal Year End for Applied Industrial Technologies, Inc falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 461 457 413 360 344
Receivables 725 710 659 695 708
Notes Receivable 0 0 0 0 0
Inventories 488 504 520 508 501
Other Current Assets 96 97 90 81 93
Total Current Assets 1,770 1,768 1,682 1,644 1,647
Net Property & Equipment 119 115 114 114 115
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 865 810 817 824 814
Deposits & Other Assets 65 67 65 67 67
Total Assets 2,952 2,855 2,783 2,751 2,743
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 267 271 254 260 302
Current Portion Long-Term Debt 25 25 25 25 25
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 93 75 73 62 99
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 116 97 97 119 115
Total Current Liabilities 501 468 449 467 540
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 572 572 572 597 597
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 190 154 151 148
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,263 1,186 1,175 1,214 1,285
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 10 10 10 10 10
Capital Surplus 194 191 189 186 189
Retained Earnings 2,122 2,047 1,964 1,886 1,793
Other Equity -78 -64 -60 -62 -55
Treasury Stock 559 515 495 484 478
Total Shareholder's Equity 1,689 1,669 1,608 1,536 1,458
Total Liabilities & Shareholder's Equity 2,952 2,855 2,783 2,751 2,743
Total Common Equity 1,689 1,669 1,608 1,536 1,458
Shares Outstanding 38.60 38.60 38.60 38.70 38.60
Book Value Per Share 43.75 43.24 41.66 39.69 37.78