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Applied Industrial Technologies (AIT)

(Delayed Data from NYSE)

$187.16 USD

187.16
162,932

-0.60 (-0.32%)

Updated Jun 7, 2024 04:00 PM ET

After-Market: $187.25 +0.09 (0.05%) 7:58 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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2-Buy of 5   2      

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 D Growth D Momentum C 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 248)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

H&E Equipment (HEES) Closes Precision Rentals Acquisition

H&E Equipment (HEES) buys Precision Rentals as part of its expansion initiative.

Here's Why You Should Hold John Bean (JBT) in Your Portfolio Now

John Bean (JBT) gains from solid demand and strategic actions amid supply-chain and inflation headwinds.

Here's Why Flowserve (FLS) Stock is an Attractive Pick Now

Flowserve (FLS) is set to benefit from strong MRO and aftermarket activity. The company's measures to reward its shareholders are encouraging.

Industrial Precision Unit Aids Nordson (NDSN) Amid Cost Woes

Strength in Industrial Precision Solutions segment and accretive acquisitions augur well for Nordson (NDSN). However, cost inflation remains a concern.

Reasons to Add Parker-Hannifin (PH) to Your Portfolio Now

Parker-Hannifin (PH) is set to benefit from strength across its businesses, Win Strategy, acquired assets and shareholder-friendly policies.

Reasons to Retain Tetra Tech (TTEK) Stock in Your Portfolio Now

Strength in GSG segment and accretive acquisitions augur well for Tetra Tech (TTEK). The company's measures to reward its shareholders are encouraging.

Applied Industrial Technologies (AIT) is on the Move, Here's Why the Trend Could be Sustainable

Applied Industrial Technologies (AIT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Silgan (SLGN) Down 11% in a Year: Will It Bounce Back in 2024?

Silgan (SLGN) is likely to benefit from its operational performance and strategic actions despite cost and supply headwinds.

Kadant (KAI) to Acquire Key Knife & Boost Product Portfolio

Kadant's (KAI) acquisition of Key Knife will enable it to strengthen its product offerings and boost its position in wood processing industries.

Pentair (PNR) Gains 62% in a Year: Will the Rally Hold in 2024?

Pentair (PNR) is expected to maintain its momentum backed by acquisitions, the introduction of products and investments in the areas of pool and residential and commercial water treatment.

Is Applied Industrial Technologies (AIT) Stock Outpacing Its Industrial Products Peers This Year?

Here is how Applied Industrial Technologies (AIT) and Alamo Group (ALG) have performed compared to their sector so far this year.

Here's Why Investing in Emerson (EMR) Stock Makes Sense Now

Emerson (EMR) is set to gain from strength in the Intelligent Devices business unit and the acquisition of Afag and Flexim. Its measures to reward its shareholders are noteworthy.

Applied Industrial Technologies, Inc. (AIT) Soars to 52-Week High, Time to Cash Out?

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Caterpillar (CAT) Bets on Improving Demand Amid High Costs

Caterpillar (CAT) is poised well on solid demand in markets, backlog levels and expected benefits from its strategic initiatives.

Reasons Why You Should Avoid Investing in O-I Glass (OI) Now

Lower sales volumes impact O-I Glass's (OI) performance, reflecting the current inventory destocking actions and weak consumer demand in a few markets.

Plug Power (PLUG) Installs Electrolyzer at Amazon Facility

Plug Power (PLUG) installed electrolyzer, which is capable of powering more than 225 hydrogen fuel cell-powered DEN8 forklift trucks at Aurora-based Amazon fulfillment center.

Here's Why You Should Avoid Investing in Barnes (B) for Now

Barnes (B) experiences weakness in its operations due to weakness in the Industrial segment. Rising costs are added concerns for the company.

MSC Industrial (MSM) Shares Gain 30.4% YTD: What's Driving It?

MSC Industrial (MSM) is well-poised to deliver revenue growth, aided by acquisitions, price and strong momentum in growth initiatives.

Packaging Corp (PKG) Stock Rises 33% YTD: What's Driving It?

Packaging Corp (PKG) stands to gain from increased e-commerce activities, in turn, aiding packaging demand.

Terex (TEX) Gains 40% in a Year: Will the Rally Last in 2024?

Terex (TEX) is expected to maintain its momentum backed by backlog strength, focus on the Execute, Innovate, Grow strategy and the introduction of innovative products.

Manitowoc (MTW) Rallies 87% in a Year: More Room to Run?

Manitowoc (MTW) is expected to maintain its momentum backed by solid demand as well as its focus on product innovation and efforts to grow its higher-margin aftermarket business.

Strength in Vista Segment Aids Cimpress (CMPR) Amid Cost Woes

Cimpress (CMPR) stands to benefit from the solid momentum in the Vista segment, driven by order growth, particularly from new customers. However, cost inflation remains a concern.

Here's Why Investing in Xylem (XYL) Stock Makes Sense Now

Xylem (XYL) benefits from strength in the Measurement & Control Solutions segment and the acquisition of Evoqua. Its measures to reward its shareholders are encouraging.

Ritujay Ghosh headshot

Manufacturing Activity Poised for Rebound in 2024: 5 Picks

Stocks like Eaton Corporation (ETN), A. O. Smith Corporation (AOS), Xylem (XYL), Graham Corporation (GHM) and Applied Industrial Technologies (AIT) are poised to benefit from the jump in durable goods orders.

Apogee (APOG) Tops Q3 Earnings Estimates, Raises FY24 EPS View

Apogee (APOG) Q3 earnings gain on higher pricing despite low volumes. The company raised its earnings per share guidance for fiscal 2024, which suggests 16.2% year-over-year growth at the mid-point.