On Friday, Applied Industrial Technologies Inc (NYSE: AIT) opened lower -6.60% from the last session, before settling in for the closing price of $273.04. Price fluctuations for AIT have ranged from $189.18 to $282.98 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 75.02% over the last five years. Company’s average yearly earnings per share was noted 2.96% at the time writing. With a float of $37.65 million, this company’s outstanding shares have now reached $37.87 million.
The firm has a total of 6800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.31%, operating margin of 10.92%, and the pretax margin is 10.98%.
Applied Industrial Technologies Inc (AIT) Insider Activity
A key investor’s attitude towards the stock of the Industrial Distribution industry is another important factor to consider. The insider ownership of Applied Industrial Technologies Inc is 1.08%, while institutional ownership is 95.49%. The most recent insider transaction that took place on Feb 25 ’25, was worth 1,110,260. In this transaction VP-Sales & Marketing-USSC of this company sold 4,475 shares at a rate of $248.10, taking the stock ownership to the 21,697 shares. Before that another transaction happened on Feb 25 ’25, when Company’s Officer proposed sale 4,475 for $248.10, making the entire transaction worth $1,110,260.
Applied Industrial Technologies Inc (AIT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.36 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.26) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.79% during the next five years compared to 75.02% growth over the previous five years of trading.
Applied Industrial Technologies Inc (NYSE: AIT) Trading Performance Indicators
Check out the current performance indicators for Applied Industrial Technologies Inc (AIT). In the past quarter, the stock posted a quick ratio of 2.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 20.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.13, a number that is poised to hit 2.45 in the next quarter and is forecasted to reach 11.54 in one year’s time.
Technical Analysis of Applied Industrial Technologies Inc (AIT)
Analysing the last 5-days average volume posted by the [Applied Industrial Technologies Inc, AIT], we can find that recorded value of 0.4 million was lower than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 53.84%.
During the past 100 days, Applied Industrial Technologies Inc’s (AIT) raw stochastic average was set at 67.97%, which indicates a significant increase from 0.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.39 in the past 14 days, which was lower than the 6.76 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $250.79, while its 200-day Moving Average is $245.90. Now, the first resistance to watch is $265.59. This is followed by the second major resistance level at $276.18. The third major resistance level sits at $281.47. If the price goes on to break the first support level at $249.71, it is likely to go to the next support level at $244.42. Should the price break the second support level, the third support level stands at $233.83.
Applied Industrial Technologies Inc (NYSE: AIT) Key Stats
There are currently 38,085K shares outstanding in the company with a market cap of 9.71 billion. Presently, the company’s annual sales total 4,479 M according to its annual income of 385,760 K. Last quarter, the company’s sales amounted to 1,167 M and its income totaled 99,800 K.
