15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 7 firms covering Applied Industrial Technologies, 6 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $290.00 to $380.00, so the covering firms are broadly aligned. The average target of $341.67 sits 2% below the current $347.86. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 4 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 $2.84 next quarter toward $11.82 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS7 ratings
Strong Buy
Strong Buy00%
Buy686%
Hold114%
Sell00%
Strong Sell00%
Based on 7 analysts giving stock ratings to Applied Industrial Technologies.
As of Jul, 6 of 7 firms rate AIT a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
AIT EPS & revenue forecast
EPS · NEXT QUARTER
$2.84
Range $2.78 – $2.90 · 5 analysts · +8% YoY
Next period, 5 analysts expect Applied Industrial Technologies to earn $2.84 a share (range $2.78 – $2.90), versus $2.63 a year earlier. Full-year consensus is $10.70, growing to $11.82 the year after.
REVENUE · NEXT QUARTER
$1.3B
Range $1.3B – $1.3B · 5 analysts · +6% YoY
Revenue is expected to reach $1.3B (range $1.3B – $1.3B), +6.0% year-over-year. Full-year consensus is $4.9B, rising to $5.2B 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 #91
Buy
$275.00-20.9% to target
Overall win rate
47%
+ Follow
#2
David Manthey
Baird · Rank #310
Buy
$317.00-8.9% to target
Overall win rate
30%
+ Follow
#3
Sam Darkatsh
Raymond James
Hold
No targeton AIT
Coverage
—
+ Follow
#4
KN
Ken Newman
Keybanc
Buy
$375.00+7.8% to target
Coverage
—
+ Follow
#5
Christopher Glynn
Oppenheimer
Buy
$350.00+0.6% 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 $341.67 for Applied Industrial Technologies over the next 12 months, ranging from a $380.00 high to a $290.00 low.
Is AIT stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 7 analyst ratings, 6 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for AIT?+
The Street-high target is $380.00 (DA Davidson), and the Street-low is $290.00 (B of A Securities). The average of all 6 active targets is $341.67.
How many Wall Street analysts cover AIT?+
7 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 #91). 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 $2.84 per share (range $2.78 – $2.90) across 5 analysts. Full-year EPS is projected at $10.70, rising to $11.82 the following year.
How much revenue is Applied Industrial Technologies expected to report next quarter?+
Consensus revenue is $1.3B (range $1.3B – $1.3B). Full-year revenue is projected at $4.9B, growing to $5.2B next year.
Have analysts been upgrading or downgrading AIT lately?+
As of Jul, 6 of 7 firms rate AIT a Buy (1 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.