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Applied Industrial Technologies (AIT)

(Delayed Data from NYSE)

$193.55 USD

193.55
266,699

+2.34 (1.22%)

Updated Jul 12, 2024 04:00 PM ET

After-Market: $193.51 -0.04 (-0.02%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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1-Strong Buy of 5 1        

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 B 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 22% (55 out of 250)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

Applied Industrial Technologies (AIT) Gains As Market Dips: What You Should Know

In the latest trading session, Applied Industrial Technologies (AIT) closed at $127.34, marking a +0.8% move from the previous day.

Illinois Tool (ITW) Up 22.3% in 6 Months: What's Driving It?

Illinois Tool (ITW) benefits from strong demand across its businesses and accretive buyouts. Its shareholder-friendly measures are also encouraging.

Key Reasons to Hold Johnson Controls (JCI) Stock for Now

Johnson Controls (JCI) is backed by strength in its Building Solutions North America segment. Investments in digital offerings and acquired assets should fuel the company's growth.

General Electric (GE) Arm, NTPC Sign MOU on Decarbonization

General Electric's (GE) arm, GE Power India, signs MOU with NTPC to help the latter reduce the amount of coal fired in its units and replace it with co-firing alternative fuels.

Reasons Why You Should Avoid Betting on Emerson (EMR) Now

Emerson (EMR) experiences weakness in its operations due to supply-chain challenges. Raw material cost inflation and unfavorable foreign-currency movement are added concerns.

Here's Why Honeywell (HON) Shares Are Up 23% in 6 Months

Honeywell (HON) gains from strength in its Aerospace segment, pricing actions and cost-control measures. The company's efforts to reward its shareholders are encouraging.

3M (MMM) to Cease Manufacture of Harmful PFAS by 2025-End

3M's (MMM) decision to stop producing PFAS follows regulatory pressure to limit the use of this harmful chemical. The company expects to record a pre-tax charge in connection with this discontinuation.

Cintas (CTAS) Beats on Q2 Earnings, Raises FY23 Guidance

Strong segmental performances drive Cintas' (CTAS) Q2 results despite high costs. Following this, the company raises its earnings and revenues guidance for fiscal 2023.

Are Industrial Products Stocks Lagging Albany International (AIN) This Year?

Here is how Albany International (AIN) and Applied Industrial Technologies (AIT) have performed compared to their sector so far this year.

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4 Industrial Stocks Likely to Maintain Winning Streak in 2023

Despite a soft demand environment, industrial stocks like Applied Industrial (AIT), O-I Glass (OI), Reliance Steel (RS) and Deere (DE) are likely to gain from easing supply chain disruptions in 2023.

Middleby (MIDD) Acquires Dublin-Based Marco Beverage System

Middleby's (MIDD) Marco Beverage Systems buyout expands its cold brew dispense, coffee brewers and a variety of hot, cold and sparkling water dispenser offerings.

Zacks Industry Outlook Highlights IDEX, Applied Industrial Technologies and Manitex International

IDEX, Applied Industrial Technologies and Manitex International are part of the Zacks Industry Outlook article.

Applied Industrial Technologies (AIT) Outpaces Stock Market Gains: What You Should Know

Applied Industrial Technologies (AIT) closed the most recent trading day at $125.75, moving +1.69% from the previous trading session.

General Electric (GE) Arm Wins Gas Turbine Deal in Ireland

General Electric's (GE) business unit GE Gas Power clinches a deal from the Electricity Supply Board of Ireland (ESB) to supply six GE LM2500XPRESS gas turbine units to construct a temporary gas-fired power plant in Dublin.

Here's Why You Should Steer Clear of Middleby (MIDD) Now

Middleby (MIDD) experiences cost inflation coupled with supply-chain woes. High debt levels and forex woes are added concerns for the company.

Eshani Haque headshot

3 Industrial Manufacturing Stocks to Overcome Demand Softness

Softening industrial demand weighs on the Zacks Manufacturing - General Industrial industry's near-term prospects. However, IEX, AIT and MNTX are poised for growth on easing supply chain disruptions.

Here's Why You Should Avoid Flowserve (FLS) Stock for Now

Supply-chain woes and inflationary pressures are weighing on Flowserve's (FLS) engineered project business. High debt profile and unfavorable foreign-currency movements are added concerns.

EnerSys (ENS) Shares Up 29% in 6 Months: What's Driving It?

EnerSys (ENS) benefits from its diversified end markets, solid product offerings, firm focus on product innovation and shareholder-friendly measures.

Crane Holdings (CR) Business Unit Separation Set for April '23

Crane Holdings (CR) expects the tax-free spin-off of its Payment and Merchandising Technologies business unit to be completed on Apr 3, 2023.

Hudson (HDSN) Aids AprilAire's Shift to Reclaimed Refrigerant

Hudson Technologies (HDSN) aids its partner AprilAire's journey to fully transition to the exclusive use of reclaimed refrigerants in the latter's refrigeration systems.

Terex (TEX) Outlines Long-Term Strategy, Unveils 2027 Targets

Terex (TEX) is poised well for growth, backed by its transformation efforts, its Execute, Innovate, Grow Strategy, and favorable megatrends.

Nordson (NDSN) Q4 Earnings and Revenues Surpass Estimates

Nordson's (NDSN) Q4 earnings results reflect gains across all segments. Supply-chain issues and high costs restrict margin growth.

General Electric (GE) to Serve South Korean Offshore Wind Market

General Electric (GE) unit, GE Renewable Energy's partnership with Hyundai Electric, advances South Korea's goal of adding 12GW of offshore wind by 2030.

Danaher (DHR) Up 14% in 6 Months: What's Driving the Stock?

Danaher (DHR) gains from strength across its core Life Sciences segment, benefits from the DBS initiatives and acquired assets. The company's efforts to add shareholder value hold promise.

Here's Why Investors Should Retain A. O. Smith (AOS) Stock (Revised)

A. O. Smith (AOS) is poised to benefit from strength in its North American boiler business owing to pricing actions. The company's measures to reward its shareholders are encouraging.