Applied Industrial Technologies Inc. (NYSE: AIT) open the trading on Thursday, with a bit cautious approach as it glided -3.84% to $178.94, before settling in for the price of $186.09 at the close. Taking a more long-term approach, AIT posted a 52-week range of $122.24-$201.76.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 7.94%. Meanwhile, its Annual Earning per share during the time was 19.62%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.46%. This publicly-traded company’s shares outstanding now amounts to $38.66 million, simultaneously with a float of $38.13 million. The organization now has a market capitalization sitting at $6.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $189.81, while the 200-day Moving Average is $167.67.
Applied Industrial Technologies Inc. (AIT) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Industrial Distribution industry. Applied Industrial Technologies Inc.’s current insider ownership accounts for 1.40%, in contrast to 95.07% institutional ownership. According to the most recent insider trade that took place on Feb 02 ’24, this organization’s VP, General Mgr-Fluid Power sold 2,000 shares at the rate of 182.34, making the entire transaction reach 364,680 in total value, affecting insider ownership by 57,155. Preceding that transaction, on Dec 14 ’23, Company’s President and CEO sold 93,750 for 169.72, making the whole transaction’s value amount to 15,911,250. This particular insider is now the holder of 198,557 in total.
Applied Industrial Technologies Inc. (AIT) Earnings and Revenue Records
Applied Industrial Technologies Inc.’s EPS increase for this current 12-month fiscal period is 9.46% and is forecasted to reach 10.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the 19.62% growth it accomplished over the previous five years trading on the market.
Applied Industrial Technologies Inc. (NYSE: AIT) Trading Performance Indicators
Let’s observe the current performance indicators for Applied Industrial Technologies Inc. (AIT). It’s Quick Ratio in the last reported quarter now stands at 2.70. The Stock has managed to achieve an average true range (ATR) of 3.91. Alongside those numbers, its PE Ratio stands at $18.76, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.55. Similarly, its price to free cash flow for trailing twelve months is now 16.92.
In the same vein, AIT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.54, a figure that is expected to reach 2.52 in the next quarter, and analysts are predicting that it will be 10.14 at the market close of one year from today.
Technical Analysis of Applied Industrial Technologies Inc. (AIT)
[Applied Industrial Technologies Inc., AIT] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 27.85% While, its Average True Range was 4.06.
Raw Stochastic average of Applied Industrial Technologies Inc. (AIT) in the period of the previous 100 days is set at 45.71%, which indicates a major rise in contrast to 6.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 18.97% that was lower than 21.62% volatility it exhibited in the past 100-days period.
