Applied Industrial Technologies Stock Buy Hold or Sell Recommendation
| AIT Stock | USD 183.99 0.41 0.22% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Applied Industrial Technologies is 'Buy'. Macroaxis provides Applied Industrial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AIT positions. The advice algorithm takes into account all of Applied Industrial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Applied Industrial's buy or sell advice are summarized below:
Real Value 183.96 | Target Price 180.33 | Hype Value 187.17 | Market Value 183.99 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Applied Industrial Technologies given historical horizon and risk tolerance towards Applied Industrial. When Macroaxis issues a 'buy' or 'sell' recommendation for Applied Industrial Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Applied |
Execute Applied Industrial Buy or Sell Advice
The Applied recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Applied Industrial Technologies. Macroaxis does not own or have any residual interests in Applied Industrial Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Applied Industrial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Applied Industrial Trading Alerts and Improvement Suggestions
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| On 29th of February 2024 Applied Industrial paid $ 0.37 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Heres Why Investing in Zebra Technologies Makes Sense |
Applied Industrial Returns Distribution Density
The distribution of Applied Industrial's historical returns is an attempt to chart the uncertainty of Applied Industrial's future price movements. The chart of the probability distribution of Applied Industrial daily returns describes the distribution of returns around its average expected value. We use Applied Industrial Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Applied Industrial returns is essential to provide solid investment advice for Applied Industrial.
| Mean Return | 0.14 | Value At Risk | -2.14 | Potential Upside | 2.14 | Standard Deviation | 1.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Applied Industrial historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Applied Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Applied Industrial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Applied Industrial Technologies backward and forwards among themselves. Applied Industrial's institutional investor refers to the entity that pools money to purchase Applied Industrial's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Capital Research Global Investors | 2023-12-31 | 559.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 559 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 523.6 K | Fiduciary Management, Inc. Of Milwaukee | 2023-12-31 | 519.2 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 517.9 K | Allspring Global Investments Holdings, Llc | 2023-12-31 | 508.9 K | Ameriprise Financial Inc | 2023-12-31 | 470.1 K | Nuveen Asset Management, Llc | 2023-12-31 | 434 K | Palisade Capital Management Llc | 2023-12-31 | 432.6 K | Blackrock Inc | 2023-12-31 | 6.2 M | Vanguard Group Inc | 2023-12-31 | 5.1 M |
Applied Industrial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 57.0M | 41.3M | (92.4M) | (43.0M) | (38.7M) | (36.7M) | |
| Change In Cash | 160.3M | (10.8M) | (73.3M) | 159.6M | 183.5M | 192.7M | |
| Free Cash Flow | 276.6M | 225.8M | 169.4M | 317.5M | 365.1M | 383.4M | |
| Depreciation | 62.7M | 55.1M | 53.6M | 53.1M | 61.0M | 64.1M | |
| Other Non Cash Items | 145.5M | 60.0M | 4.7M | 9.5M | 11.0M | 15.9M | |
| Dividends Paid | 48.9M | 50.7M | 51.8M | 53.4M | 61.5M | 64.5M | |
| Capital Expenditures | 20.1M | 15.9M | 18.1M | 26.5M | 23.8M | 14.2M | |
| Net Income | 24.0M | 144.8M | 257.4M | 346.7M | 398.7M | 418.7M | |
| End Period Cash Flow | 268.6M | 257.7M | 184.5M | 344.0M | 395.6M | 415.4M | |
| Change Receivables | 74.4M | (59.1M) | (145.5M) | (51.1M) | (46.0M) | (43.7M) | |
| Net Borrowings | (27.1M) | (105.9M) | (144.2M) | (68.8M) | (61.9M) | (58.8M) | |
| Change To Netincome | 136.2M | 35.4M | 28.5M | 13.4M | 15.4M | 14.6M | |
| Investments | (55.4M) | (44.9M) | (35.7M) | (60.8M) | (70.0M) | (73.5M) |
Applied Industrial Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Applied Industrial or Trading Companies & Distributors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Applied Industrial's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Applied stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 1.55 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | 0.06 |
Applied Industrial Volatility Alert
Applied Industrial Technologies has relatively low volatility with skewness of -0.31 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Applied Industrial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Applied Industrial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Applied Industrial Fundamentals Vs Peers
Comparing Applied Industrial's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Applied Industrial's direct or indirect competition across all of the common fundamentals between Applied Industrial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Applied Industrial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Applied Industrial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Applied Industrial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Applied Industrial to competition |
| Fundamentals | Applied Industrial | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 7.45 B | 16.62 B |
| Shares Outstanding | 38.67 M | 571.82 M |
| Shares Owned By Insiders | 1.25 % | 10.09 % |
| Shares Owned By Institutions | 95.67 % | 39.21 % |
| Number Of Shares Shorted | 518.94 K | 4.71 M |
| Price To Earning | 44.62 X | 28.72 X |
| Price To Book | 4.60 X | 9.51 X |
| Price To Sales | 1.66 X | 11.42 X |
| Revenue | 4.41 B | 9.43 B |
| Gross Profit | 1.29 B | 27.38 B |
| EBITDA | 526.22 M | 3.9 B |
| Net Income | 346.74 M | 570.98 M |
| Cash And Equivalents | 344.04 M | 2.7 B |
| Cash Per Share | 3.83 X | 5.01 X |
| Total Debt | 622.1 M | 5.32 B |
| Debt To Equity | 0.53 % | 48.70 % |
| Current Ratio | 3.08 X | 2.16 X |
| Book Value Per Share | 41.55 X | 1.93 K |
| Cash Flow From Operations | 343.97 M | 971.22 M |
| Short Ratio | 0.78 X | 4.00 X |
| Earnings Per Share | 9.53 X | 3.12 X |
| Price To Earnings To Growth | 1.88 X | 4.89 X |
| Target Price | 210.0 | |
| Number Of Employees | 6.37 K | 18.84 K |
| Beta | 1.09 | -0.15 |
| Market Capitalization | 7.27 B | 19.03 B |
| Total Asset | 2.74 B | 29.47 B |
| Retained Earnings | 1.79 B | 9.33 B |
| Working Capital | 1.11 B | 1.48 B |
Note: Acquisition by Peter Wallace of tradable shares of Applied Industrial at 189.89 subject to Rule 16b-3 [view details]
Applied Industrial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Applied . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4084.96 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 185.45 | |||
| Day Typical Price | 184.96 | |||
| Price Action Indicator | (1.66) | |||
| Period Momentum Indicator | (0.41) | |||
| Relative Strength Index | 94.42 |
About Applied Industrial Buy or Sell Advice
When is the right time to buy or sell Applied Industrial Technologies? Buying financial instruments such as Applied Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 689.3M | 622.1M | 715.4M | 751.2M | Total Assets | 2.5B | 2.7B | 3.2B | 3.3B |
Use Investing Ideas to Build Portfolios
In addition to having Applied Industrial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Strategy ETFs Thematic Idea Now
Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1184 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Applied Industrial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Applied Stock analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stocks Directory Find actively traded stocks across global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Applied Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Industrial. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.132 | Dividend Share 1.4 | Earnings Share 9.53 | Revenue Per Share 115.377 | Quarterly Revenue Growth 0.016 |
The market value of Applied Industrial is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Industrial's value that differs from its market value or its book value, called intrinsic value, which is Applied Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Industrial's market value can be influenced by many factors that don't directly affect Applied Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.