Jerry Thornton - Applied Industrial Independent Director
| AIT Stock | USD 183.99 0.41 0.22% |
Director
Dr. Jerry Sue Thornton Ph.D., is an Independent Director of Applied Industrial Technologies, Inc. Dr. Thornton is retired in June 2013 after serving as President of Cuyahoga Community College, the largest multicampus community college in Ohio, for more than 20 years. Upon her retirement, Cuyahoga Community College honored her with the title of President Emeritus since 1994.
| Age | 70 |
| Tenure | 30 years |
| Professional Marks | Ph.D |
| Address | 1 Applied Plaza, Cleveland, OH, United States, 44115 |
| Phone | 216 426 4000 |
| Web | https://www.applied.com |
Applied Industrial Management Efficiency
The company has Return on Asset of 0.1152 % which means that on every $100 spent on assets, it made $0.1152 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2579 %, implying that it generated $0.2579 on every 100 dollars invested. Applied Industrial's management efficiency ratios could be used to measure how well Applied Industrial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Applied Industrial's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.12 in 2024, whereas Return On Capital Employed is likely to drop 0.12 in 2024. At this time, Applied Industrial's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 100.2 M in 2024.Similar Executives
| Showing other executives | DIRECTOR Age | ||
| LeRoy Nosbaum | Quanex Building Products | 70 | |
| James Miller | Interface | 78 | |
| Stanley Askren | Armstrong World Industries | 59 | |
| Robert Marzec | Apogee Enterprises | 71 | |
| Christopher Kennedy | Interface | 54 | |
| Carl Gable | Interface | 76 | |
| Edward Callaway | Interface | 59 | |
| Sheryl Palmer | Interface | 56 | |
| Herbert Parker | Apogee Enterprises | 60 | |
| Richard Posey | Trex Company | 74 | |
| Larry McWilliams | Armstrong World Industries | 63 | |
| Susan Davis | Quanex Building Products | 67 | |
| Craig Hindman | Gibraltar Industries | 63 | |
| Sara Hays | Apogee Enterprises | 52 | |
| Robert Buck | Quanex Building Products | 72 | |
| Lloyd Johnson | Apogee Enterprises | 63 | |
| Erin Matts | Interface | 40 | |
| Vinod Khilnani | Gibraltar Industries | 65 | |
| Gena Lovett | Trex Company | 58 | |
| William Waltz | Quanex Building Products | 56 | |
| John Roberts | Armstrong World Industries | 74 | |
Management Performance
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.12 |
Applied Industrial Leadership Team
Elected by the shareholders, the Applied Industrial's board of directors comprises two types of representatives: Applied Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Applied. The board's role is to monitor Applied Industrial's management team and ensure that shareholders' interests are well served. Applied Industrial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Applied Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ryan Cieslak, Director of Investor Relations and Treasury | ||
| David Wells, Vice President, Chief Financial Officer, Treasurer | ||
| Jon JD, General VP | ||
| Neil Schrimsher, CEO and President Director and Member of Executive Committee | ||
| Peter Wallace, Non-Executive Independent Chairman of the Board | ||
| Vincent Petrella, Independent Director | ||
| Mary Hall, Independent Director | ||
| Joe Mangiapane, Managing Zealand | ||
| Mark Eisele, CFO, VP and Treasurer | ||
| Thomas Hiltz, Independent Director | ||
| Joseph Raver, Director | ||
| Mike Allen, LP Technologies | ||
| Christopher Macey, Principal Accounting Officer, Corporate Controller | ||
| Jason Vasquez, VP Marketing | ||
| Dan Komnenovich, Independent Director | ||
| Madhuri Andrews, Independent Director | ||
| Jerry Thornton, Independent Director | ||
| Sergio Nevrez, President Mexico | ||
| Warren Hoffner, Vice President, General Manager - Fluid Power and Flow Control | ||
| Fred Bauer, Vice President, General Counsel, Secretary | ||
| Julie Kho, Manager Relations | ||
| Robert Pagano, Independent Director | ||
| Peter Dorsman, Independent Director | ||
| Todd Barlett, VP of Acquisitions and Global Bus. Devel. | ||
| Joe Raver, Independent Director | ||
| Kurt Loring, Chief Human Resource Officer, Vice President | ||
| Edith KellyGreen, Independent Director | ||
| Thomas Armold, VP of Sales | ||
| John Meier, Independent Chairman of the Board |
Applied Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Applied Industrial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 7.45 B | ||||
| Shares Outstanding | 38.67 M | ||||
| Shares Owned By Insiders | 1.25 % | ||||
| Shares Owned By Institutions | 95.67 % | ||||
| Number Of Shares Shorted | 518.94 K | ||||
| Price To Earning | 44.62 X |
Applied Industrial Investors Sentiment
The influence of Applied Industrial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Applied. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Applied Industrial's public news can be used to forecast risks associated with an investment in Applied. The trend in average sentiment can be used to explain how an investor holding Applied can time the market purely based on public headlines and social activities around Applied Industrial Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Applied Industrial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Applied Industrial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Applied Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Applied Industrial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Applied Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Applied Industrial's short interest history, or implied volatility extrapolated from Applied Industrial options trading.
Pair Trading with Applied Industrial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.68 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.78 | DXPE | DXP Enterprises Financial Report 9th of May 2024 | PairCorr |
| 0.84 | FAST | Fastenal Financial Report 11th of July 2024 | PairCorr |
| 0.91 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
Moving against Applied Stock
| 0.62 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.61 | AZ | A2Z Smart Technologies | PairCorr |
| 0.54 | TITN | Titan Machinery Financial Report 23rd of May 2024 | PairCorr |
| 0.43 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to Applied Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied Industrial Technologies to buy it.
The correlation of Applied Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| CEOs Directory Screen CEOs from public companies around the world |
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.