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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

ScanSource (SCSC) Q2 Earnings & Sales Beat Estimates, Up Y/Y

ScanSource's (SCSC) second-quarter fiscal 2022 top-line results benefit from strong demand. Backed by this trend, the company anticipates sales growth of at least 7% in fiscal 2022.

Crown Holdings (CCK) Q4 Earnings & Sales Top Estimates, Up Y/Y

Crown Holdings' (CCK) Q4 top line benefits from increased beverage can and transit packaging sales unit volumes and pass through of higher material costs.

AGCO Corp (AGCO) Q4 Earnings & Sales Top Estimates, Up Y/Y

AGCO Corp's (AGCO) Q4 results reflect strong margin and sales performance across all segments.

Here's Why it is Worth Investing in Applied Industrial (AIT)

Applied Industrial (AIT) stands to benefit from strength across end markets, acquired assets, focus on operational excellence and shareholder-friendly policies.

Sealed Air (SEE) Buys Foxpak, Boosts Digital Smart Packaging

Sealed Air's (SEE) latest buyout will expand its smart digital packaging solutions offerings for leading brands across the globe.

Timken (TKR) Earnings Miss, Revenues Beat Estimates in Q4

Timken (TKR) Q4 top-line gain on strong organic growth across most end-market markets, driven by industrial distribution and off-highway as well as higher pricing.

Grainger (GWW) Earnings & Sales Beat Estimates in Q4, Up Y/Y

Grainger's (GWW) Q4 top line gains on strong performance across the High-Touch Solutions North America (N.A.) and Endless Assortment segments.

Johnson Controls (JCI) Q1 Earnings & Sales Beat, Dividend Up

Johnson Controls (JCI) delivers a robust fiscal Q1 performance led by strength across most of its segments. It expects fiscal Q2 EPS to grow 19-23% on a year-over-year basis.

O-I Glass' (OI) Q4 Earnings and Revenues Beat Estimates

O-I Glass' (OI) Q4 earnings bear the brunt of high costs. For 2022, it expects higher selling prices to likely offset inflationary cost pressures and guides adjusted EPS between $1.85 and $2.00.

Amcor's (AMCR) Q2 Earnings Match Estimates, Revenues Beat

Amcor's (AMCR) fiscal second-quarter 2022 earnings are in line with estimates. The company maintains its adjusted constant-currency earnings per share growth guidance at 7-11% for fiscal 2022.

Avery Dennison (AVY) Q4 Earnings Miss Estimates, Down Y/Y

Avery Dennison (AVY) expects adjusted EPS between $9.35 and $9.75 for the current year.

Pentair (PNR) Q4 Earnings & Sales Beat Estimates, Up Y/Y

Pentair (PNR) delivers better-than-expected Q4 results on solid demand, particularly in the residential business. The company ended the year with a near-record backlog.

Applied Industrial (AIT) Q2 Earnings & Revenues Top Estimates

Applied Industrial's (AIT) fiscal Q2 earnings rise year over year on the back of strengthening businesses in segments. Fiscal 2022 total revenues and organic sales are likely to grow year over year.

Applied Industrial Technologies (AIT) Beats Q2 Earnings and Revenue Estimates

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 33.94% and 3.30%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Applied Industrial Technologies (AIT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Applied Industrial (AIT) Exhibits Bright Prospects, Risks Persist

Applied Industrial (AIT) is poised to benefit from solid demand for its products, acquired assets and shareholder-friendly policies. Rising costs & expenses and high debt levels remain concerns.

Enerpac Tool (EPAC) Q1 Earnings Miss Estimates, Increase Y/Y (Revised)

Enerpac Tool's (EPAC) Q1 results reflect impacts of healthy demand for industrial products, weakness in services demand and macroeconomic challenges. It maintains its revenue projection for fiscal 2022.

EnPro (NPO) Divests Compressor Products to Howden Group

EnPro's (NPO) divestment of the Engineered Materials segment's compressor products business is in sync with its restructuring efforts and focus on its industrial technology businesses.

Cintas (CTAS) Beats Q2 Earnings & Sales Estimates, Raises View

Cintas (CTAS) Q2 results reflect gains from healthy segmental businesses, partially offset by higher costs and expenses. The company raises earnings and revenue projections for fiscal 2022.

Enerpac Tool (EPAC) Q1 Earnings Miss Estimates, Increase Y/Y

Enerpac Tool's (EPAC) Q1 results reflect impacts of healthy demand for industrial products, weakness in services demand and macroeconomic challenges. It maintains its revenue projection for fiscal 2022.

Nordson (NDSN) Q4 Earnings & Revenues Miss Estimates, Rise Y/Y

Nordson's (NDSN) Q4 earnings reflect the impacts of strengthening end-market business, supply-chain issues and logistic woes. Solid orders, backlog and pricing actions to aid Q1 performance.

ADT's Sunpro Buyout to Aid Its Rooftop Solar Growth Prospects

ADT's Sunpro buyout will mark its entrance into the solar rooftop business in the United States. Accretion to EBITDA and free cash flow is expected immediately from the acquisition.

Flowserve (FLS) Displays Solid Prospects, Headwinds Persist

Flowserve (FLS) stands to gain from a healthy backlog level, solid liquidity position and shareholder-friendly policies. Supply-chain issues and high debt levels weigh on it.

Middleby (MIDD) to Buy Masterbuilt, Expand Product Offerings

Middleby's (MIDD) acquisition of Masterbuilt will create strong growth opportunities for the company in the residential outdoor end market.

Zebra (ZBRA) Displays Solid Prospects, Headwinds Remain

Zebra (ZBRA) is likely to benefit from strong demand for its products and solutions, solid cash flows and acquired assets. However, costs and expenses keep rising.