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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

Robert Half (RHI) to Post Q1 Earnings: What's in the Offing?

Robert Half's (RHI) first-quarter 2021 revenues are expected to have decreased year over year.

Xerox (XRX) to Report Q1 Earnings: What's in the Offing?

Weak equipment and post-sale revenues are expected to have hurt Xerox's (XRX) top line in the first quarter of 2021.

iRobot (IRBT) to Gain From Product Offerings Amid Cost Woes

iRobot's (IRBT) diversified product offerings, focus on innovation, marketing campaigns and healthy supply chain are beneficial. Cost inflation is concerning.

Ingersoll Rand (IR) to Divest Club Car Business for $1.68B

Ingersoll Rand's (IR) divestment of Club Car business will allow the company to better focus on its core businesses, and allow it to improve balance sheet and shareholders' wealth.

Alcoa (AA) to Report Q1 Earnings: Is a Beat in the Store?

Increase in aluminum consumption with end-market recovery, solid demand for value-add products and focus on productivity and cost-control measures are likely to have aided Alcoa's (AA) Q1 earnings.

Pentair (PNR) Hits 52-Week High: What's Driving this Upside?

Solid demand in residential-focused businesses as well as expansion in the areas of pool, residential and commercial water treatment are contributing to the run-up in Pentair's (PNR) shares.

Here is Why Growth Investors Should Buy Applied Industrial Technologies (AIT) Now

Applied Industrial Technologies (AIT) could produce exceptional returns because of its solid growth attributes.

O-I Glass (OI) Stock Up 23% in 3 Months: More Room to Run?

O-I Glass' (OI) robust demand for glass packaging solutions, capacity expansions and acquisitions are driving the impressive share-price rally.

Apogee (APOG) Q4 Earnings Up Y/Y on Cost-Cutting Actions

Apogee (APOG) projects fiscal 2022 earnings per share to lie between $2.10 and $2.35.

Crown Holdings (CCK) to Sell 80% of European Tinplate Business

Crown Holdings (CCK) likely to utilize net proceeds of the divestiture deal in reducing debt, funding capital projects and making share repurchases.

Xylem (XYL) Gains From Solid Demand Amid Cost Inflation Woes

Xylem's (XYL) diversified business, solid product offerings, shareholder-friendly policies and solid contract wins are beneficial. Cost inflation and high debts might be worrisome.

Ingersoll (IR) Sells Majority Stake in High Pressure Solutions

Ingersoll's (IR) sale of its majority stake in the High Pressure Solutions segment will help lower exposure in the upstream oil & gas market. Focus on growth-oriented businesses will now be easier.

Standex's (SXI) Enginetics Divestment to Aid Operating Margin

Standex's (SXI) sell-off of its subsidiary Enginetics is likely to boost growth opportunities for its Engineering Technologies Group. Immediate accretion to operating margin is expected.

Chart Industries (GTLS) Buys Stake in Transform Materials

Chart Industries (GTLS) acquires a 5% stake in Transform Materials, which will expand its growth prospects in the clean-energy markets.

Kadant (KAI) Shares Gain 28% in 3 Months: What's Driving It?

Kadant (KAI), with a 28% increase in shares in the past three months, benefits from improving end-market conditions, solid bookings, shareholder-friendly policies and product offerings.

Worthington (WOR) Shares Gain 32% in 3 Months: What's Driving It?

Worthington (WOR), with a 32% rise in shares in the past three months, gains from a hiked quarterly dividend rate, share-buyback program, portfolio-restructuring moves, and solid product offerings.

Will Applied Industrial Technologies (AIT) Beat Estimates Again in Its Next Earnings Report?

Applied Industrial Technologies (AIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Here's Why You Should Avoid Betting on Flowserve (FLS) Stock

Flowserve (FLS) suffers from weakness across its end markets amid the coronavirus outbreak, high debt level and other issues.

Nordson (NDSN) Exhibits Strong Prospects Amid Challenges

Nordson (NDSN) stands to gain from strength across its end markets, acquired assets and shareholder-friendly policies. However, its high-debt level is concerning.

Astec Industries (ASTE) Hits Fresh High: Is There Still Room to Run?

Astec Industries (ASTE) 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.

Colfax (CFX) to Redeem $700M Worth Senior Notes Due 2024 & 2026

Colfax (CFX) to redeem $700 million worth of senior notes that are due to expire in 2024 and 2026. The move will help the company to lower its debt balance.

Worthington's (WOR) Board Okays Dividend Hike & Share Buyback

Worthington (WOR) to reward shareholders with a hiked quarterly dividend rate and an incremental share buyback program. This underpins its strong cash position.

Enerpac Tool (EPAC) Lags Q2 Earnings Estimates, Gives H2 View

Enerpac Tool (EPAC) Q2 results reflect the continued adverse impacts of the pandemic on operations. Expecting demand improvement, it provides revenue and other projections for the second half.

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

Barnes Group (B) is experiencing softness across its end markets amid the coronavirus outbreak, high debt level and other woes.

Reasons Why Applied Industrial (AIT) is Worth Buying Now

Applied Industrial (AIT) is poised to gain on added growth opportunities from acquired assets and solid product offerings. Its cost-saving initiatives and policy of rewarding shareholders bode well.