Applied Industrial Stock Target Price and Analyst Consensus

AIT Stock  USD 183.99  0.41  0.22%   
The current analyst and expert consensus on Applied Industrial is Strong Buy, with 4 strong buy opinions. The current projected Applied Industrial target price consensus is 180.33 with 4 analyst opinions. The most common way Applied Industrial analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Applied Industrial executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Applied Industrial. We encourage you to use your own analysis of Applied Industrial to validate this buy or sell advice. Applied Industrial buy-or-sell recommendation module provides average expert sentiment on the projected Applied Industrial target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Applied Industrial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
164.1
Highest Forecast
200.17
Target Price
180.33
At this time, Applied Industrial's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.1 in 2024, whereas Gross Profit Margin is likely to drop 0.22 in 2024. At this time, Applied Industrial's Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 415.4 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (247 M).
  
It's important to approach Applied Industrial's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Applied Industrial price targets

Applied Industrial's stock target price is an estimate of its future price, usually made by analysts. Using Applied Industrial's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Applied Industrial's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Applied Industrial's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Applied Industrial Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Applied Industrial is a key component of Applied Industrial valuation and have some predictive power on the future returns of a Applied Industrial.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Applied Industrial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
182.60183.93185.26
Details
Intrinsic
Valuation
LowRealHigh
181.84183.17184.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.382.402.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Applied Industrial. Your research has to be compared to or analyzed against Applied Industrial's peers to derive any actionable benefits. When done correctly, Applied Industrial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Applied Industrial.

Trending Themes

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Invested over 70 shares
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Invested over 40 shares
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When determining whether Applied Industrial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Applied Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Applied Industrial Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Applied Industrial Technologies Stock:
Check out Macroaxis Advice on Applied Industrial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.
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The data published in Applied Industrial's official financial statements usually reflect Applied Industrial's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Applied Industrial. For example, before you start analyzing numbers published by Applied accountants, it's critical to develop an understanding of what Applied Industrial's liquidity, profitability, and earnings quality are in the context of the Trading Companies & Distributors space in which it operates.
Please note, the presentation of Applied Industrial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Applied Industrial's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Applied Industrial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Applied Industrial Technologies. Please utilize our Beneish M Score to check the likelihood of Applied Industrial's management manipulating its earnings.