Applied Industrial Technologies Stock Analysis
AIT Stock | USD 186.09 0.22 0.12% |
Applied Industrial Technologies is fairly valued with Real Value of 183.78 and Target Price of 180.33. The main objective of Applied Industrial stock analysis is to determine its intrinsic value, which is an estimate of what Applied Industrial Technologies is worth, separate from its market price. There are two main types of Applied Industrial's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Applied Industrial's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Applied Industrial's stock to identify patterns and trends that may indicate its future price movements.
The Applied Industrial stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Applied Industrial is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Applied Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Applied Industrial's ongoing operational relationships across important fundamental and technical indicators.
Applied |
Applied Stock Analysis Notes
About 96.0% of the company shares are held by institutions such as insurance companies. The book value of Applied Industrial was presently reported as 41.55. The company has Price/Earnings To Growth (PEG) ratio of 1.88. Applied Industrial recorded earning per share (EPS) of 9.53. The entity last dividend was issued on the 14th of February 2024. The firm had 3:2 split on the 16th of June 2006. Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. The company was founded in 1923 and is headquartered in Cleveland, Ohio. Applied Industrial operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6100 people. For more info on Applied Industrial Technologies please contact Neil Schrimsher at 216 426 4000 or go to https://www.applied.com.Applied Industrial Quarterly Total Revenue |
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Applied Industrial Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Applied Industrial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Applied Industrial Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 seekingalpha.com: Applied Industrial Technologies Q3 2024 Earnings Preview |
Applied Industrial Upcoming and Recent Events
Earnings reports are used by Applied Industrial to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Applied Industrial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of April 2024 Upcoming Quarterly Report | View | |
8th of August 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
8th of August 2024 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Applied Largest EPS Surprises
Earnings surprises can significantly impact Applied Industrial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2003-10-13 | 2003-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-01-15 | 2002-12-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2002-10-16 | 2002-09-30 | 0.08 | 0.09 | 0.01 | 12 |
Applied Industrial Thematic Classifications
In addition to having Applied Industrial stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
WholesaleUSA Equities from Wholesale industry as classified by Fama & French |
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 originate 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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Applied Industrial's market, we take the total number of its shares issued and multiply it by Applied Industrial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Applied Profitablity
Applied Industrial's profitability indicators refer to fundamental financial ratios that showcase Applied Industrial's ability to generate income relative to its revenue or operating costs. If, let's say, Applied Industrial is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Applied Industrial's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Applied Industrial's profitability requires more research than a typical breakdown of Applied Industrial's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.16 | 0.17 | |
Return On Capital Employed | 0.19 | 0.12 | |
Return On Assets | 0.11 | 0.12 | |
Return On Equity | 0.21 | 0.22 |
Management Efficiency
Applied Industrial 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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 34.01 | 35.71 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 15.03 | 15.78 | |
Enterprise Value Over EBITDA | 10.03 | 6.82 | |
Price Book Value Ratio | 3.45 | 3.62 | |
Enterprise Value Multiple | 10.03 | 6.82 | |
Price Fair Value | 3.45 | 3.62 | |
Enterprise Value | 5.3 B | 5.5 B |
The analysis of Applied Industrial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Applied Industrial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Applied Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.008 | Forward Dividend Yield 0.008 | Forward Dividend Rate 1.48 | Beta 1.085 |
Technical Drivers
As of the 25th of April, Applied Industrial shows the Downside Deviation of 1.44, mean deviation of 1.04, and Risk Adjusted Performance of 0.0464. Applied Industrial technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Applied Industrial Technologies, which can be compared to its peers. Please confirm Applied Industrial coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Applied Industrial is priced correctly, providing market reflects its regular price of 186.09 per share. Given that Applied Industrial has jensen alpha of (0.04), we suggest you to validate Applied Industrial Technologies's prevailing market performance to make sure the company can sustain itself at a future point.Applied Industrial Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Applied Industrial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Applied Industrial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Applied Industrial Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Applied Industrial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Applied Industrial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Applied Industrial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Peter Wallace over three weeks ago Acquisition by Peter Wallace of tradable shares of Applied Industrial at 189.89 subject to Rule 16b-3 | ||
David Wells over three months ago Payment of 452 shares by David Wells of Applied Industrial subject to Rule 16b-3 | ||
Peter Wallace over three months ago Exercise or conversion by Peter Wallace of 1130 shares of Applied Industrial subject to Rule 16b-3 | ||
Peter Wallace over three months ago Exercise or conversion by Peter Wallace of 1984 shares of Applied Industrial subject to Rule 16b-3 | ||
Peter Wallace over six months ago Acquisition by Peter Wallace of tradable shares of Applied Industrial subject to Rule 16b-3 | ||
Peter Wallace over six months ago Acquisition or disposition of Applied Industrial securities by Peter Wallace | ||
Peter Wallace over six months ago Acquisition by Peter Wallace of tradable shares of Applied Industrial subject to Rule 16b-3 | ||
Will Carl E over six months ago Applied Industrial exotic insider transaction detected |
Applied Industrial Predictive Daily Indicators
Applied Industrial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Applied Industrial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 0.0161 | |||
Daily Balance Of Power | (0.07) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 186.16 | |||
Day Typical Price | 186.14 | |||
Market Facilitation Index | 3.02 | |||
Price Action Indicator | (0.18) | |||
Period Momentum Indicator | (0.22) |
Applied Industrial Corporate Filings
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 5th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 26th of January 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 25th of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 22nd of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 3rd of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Applied Industrial Forecast Models
Applied Industrial's time-series forecasting models are one of many Applied Industrial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Applied Industrial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Applied Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Applied Industrial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Applied shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Applied Industrial. By using and applying Applied Stock analysis, traders can create a robust methodology for identifying Applied entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.09 | 0.1 | |
Operating Profit Margin | 0.1 | 0.10 | |
Net Profit Margin | 0.07 | 0.07 | |
Gross Profit Margin | 0.26 | 0.22 |
Current Applied Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Applied analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Applied analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
180.33 | Strong Buy | 4 | Odds |
Most Applied analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Applied stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Applied Industrial, talking to its executives and customers, or listening to Applied conference calls.
Applied Stock Analysis Indicators
Applied Industrial Technologies stock analysis indicators help investors evaluate how Applied Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Applied Industrial shares will generate the highest return on investment. By understating and applying Applied Industrial stock analysis, traders can identify Applied Industrial position entry and exit signals to maximize returns.
Begin Period Cash Flow | 184.5 M | |
Long Term Debt | 596.9 M | |
Common Stock Shares Outstanding | 39.2 M | |
Total Stockholder Equity | 1.5 B | |
Total Cashflows From Investing Activities | -60.8 M | |
Tax Provision | 103.1 M | |
Quarterly Earnings Growth Y O Y | 0.132 | |
Property Plant And Equipment Net | 215.7 M | |
Cash And Short Term Investments | 344 M | |
Cash | 344 M | |
Accounts Payable | 301.7 M | |
Net Debt | 278.1 M | |
50 Day M A | 189.8698 | |
Total Current Liabilities | 540.3 M | |
Other Operating Expenses | 3.9 B | |
Non Current Assets Total | 1.1 B | |
Forward Price Earnings | 18.8324 | |
Common Stock Total Equity | 10 M | |
Non Currrent Assets Other | 66.8 M | |
Stock Based Compensation | 9.6 M |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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.
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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.