15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering Applied Industrial Technologies, 6 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $390.00 to $420.00, so the covering firms are broadly aligned. The average target of $400.00 sits 22% above the current $326.80. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 6 over recent months. On the fundamentals, the Street sees revenue growth near 8% this year and 6% next, consensus EPS building from about $2.79 next quarter toward $13.23 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Strong Buy
Strong Buy00%
Buy6100%
Hold00%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to Applied Industrial Technologies.
As of Sep, 6 of 6 firms rate AIT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
AIT EPS & revenue forecast
EPS · NEXT QUARTER
$2.79
Range $2.74 – $2.84 · 8 analysts · +11% YoY
Next period, 8 analysts expect Applied Industrial Technologies to earn $2.79 a share (range $2.74 – $2.84), versus $2.51 a year earlier. Full-year consensus is $12.03, growing to $13.23 the year after.
REVENUE · NEXT QUARTER
$1.3B
Range $1.2B – $1.3B · 8 analysts · +6% YoY
Revenue is expected to reach $1.3B (range $1.2B – $1.3B), +6.0% year-over-year. Full-year consensus is $5.3B, rising to $5.6B next year.
Top analysts covering Applied Industrial Technologies
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on AIT.
#1
Steve Barger
Keybanc · Rank #88
Buy
$275.00-15.9% to target
Overall win rate
49%
+ Follow
#2
Chris Dankert
Loop Capital · Rank #191
Buy
$310.00-5.1% to target
Overall win rate
47%
+ Follow
#3
David Manthey
Baird · Rank #358
Buy
$400.00+22.4% to target
Overall win rate
31%
+ Follow
#4
KN
Ken Newman
Keybanc
Buy
$420.00+28.5% to target
Coverage
—
+ Follow
#5
Christopher Glynn
Oppenheimer
Buy
$390.00+19.3% to target
Coverage
—
+ Follow
AIT stock forecast FAQ
What is AIT's average 12-month price target?+
The 6 analysts with a live target average $400.00 for Applied Industrial Technologies over the next 12 months, ranging from a $420.00 high to a $390.00 low.
Is AIT stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 6 analyst ratings, 6 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for AIT?+
The Street-high target is $420.00 (Keybanc), and the Street-low is $390.00 (B of A Securities). The average of all 6 active targets is $400.00.
How many Wall Street analysts cover AIT?+
6 analysts have an active rating on Applied Industrial Technologies, and 6 firms carry a live 12-month price target.
Who is the most accurate analyst covering AIT?+
Among analysts who currently cover AIT, Steve Barger of Keybanc has the strongest overall Quantellect track record (Rank #88). Their current call is Buy with a $275.00 target.
What is Applied Industrial Technologies's projected EPS for next quarter?+
The consensus estimate is $2.79 per share (range $2.74 – $2.84) across 8 analysts. Full-year EPS is projected at $12.03, rising to $13.23 the following year.
How much revenue is Applied Industrial Technologies expected to report next quarter?+
Consensus revenue is $1.3B (range $1.2B – $1.3B). Full-year revenue is projected at $5.3B, growing to $5.6B next year.
Have analysts been upgrading or downgrading AIT lately?+
As of Sep, 6 of 6 firms rate AIT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their AIT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
