Applied Industrial Technologies - AIT Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $201.00
  • Forecasted Upside: -3.16%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$207.55
▼ -1.18 (-0.57%)

This chart shows the closing price for AIT by one month, three months, or twelve months.

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Analyst Price Target for AIT

Analyst Price Target is $201.00
▼ -3.16% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Applied Industrial Technologies in the last 3 months. The average price target is $201.00, with a high forecast of $235.00 and a low forecast of $174.00. The average price target represents a -3.16% upside from the last price of $207.55.

This chart shows the closing price for AIT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 5 contributing investment analysts is to moderate buy stock in Applied Industrial Technologies. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/25/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/25/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/20/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/19/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/18/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/1/2024Northcoast ResearchInitiated CoverageNeutralLow
4/11/2024KeyCorpBoost TargetOverweight ➝ Overweight$195.00 ➝ $210.00Low
4/2/2024OppenheimerInitiated CoverageOutperform$235.00Low
1/26/2024KeyCorpBoost TargetOverweight ➝ Overweight$182.00 ➝ $195.00Low
8/14/2023Loop CapitalBoost TargetBuy ➝ Buy$170.00 ➝ $174.00Low
8/11/2023Robert W. BairdBoost TargetOutperform ➝ Outperform$161.00 ➝ $185.00Low
8/11/2023KeyCorpBoost TargetOverweight ➝ Overweight$162.00 ➝ $182.00Low
4/28/2023Robert W. BairdBoost Target$160.00 ➝ $161.00Low
3/17/2023Robert W. BairdUpgradeNeutral ➝ Outperform$160.00Low
1/27/2023Loop CapitalBoost TargetBuy$150.00 ➝ $170.00Low
1/27/2023KeyCorpBoost TargetOverweight$138.00 ➝ $162.00Low
1/24/2023Robert W. BairdBoost TargetNeutral$138.00 ➝ $160.00Low
10/28/2022KeyCorpBoost TargetOverweight$130.00 ➝ $138.00Low
9/28/2022KeyCorpLower TargetOverweight$140.00 ➝ $130.00Low
8/12/2022KeyCorpBoost TargetOverweight$120.00 ➝ $140.00Low
8/12/2022Robert W. BairdDowngradeOutperform ➝ Neutral$115.00 ➝ $129.00Low
1/28/2022Robert W. BairdBoost Target$115.00 ➝ $123.00Low
8/18/2021Robert W. BairdBoost TargetOutperform$104.00 ➝ $111.00Medium
8/3/2021Loop CapitalInitiated CoverageBuy$110.00High
4/27/2021Robert W. BairdBoost TargetPositive ➝ Outperform$86.00 ➝ $96.00Low
4/5/2021Wells Fargo & CompanyBoost TargetOverweight$90.00 ➝ $105.00Low
3/22/2021KeyCorpBoost TargetOverweight$98.00 ➝ $110.00Medium
3/15/2021KeyCorpBoost TargetOverweight$98.00 ➝ $110.00N/A
3/9/2021KeyCorpBoost TargetOverweight$90.00 ➝ $98.00Medium
1/14/2021KeyCorpBoost TargetOverweight$85.00 ➝ $90.00Medium
11/13/2020KeyCorpBoost TargetPositive ➝ Overweight$75.00 ➝ $85.00Medium
9/1/2020SidotiUpgradeNeutral ➝ Buy$75.00High
8/14/2020Longbow ResearchReiterated RatingBuy$78.00Low
8/13/2020Wells Fargo & CompanyBoost TargetOverweight$70.00 ➝ $75.00High
7/2/2020Wells Fargo & CompanyBoost TargetOverweight$60.00 ➝ $70.00Low
6/11/2020KeyCorpBoost TargetOverweight$70.00 ➝ $75.00High
3/30/2020KeyCorpLower TargetOverweight$75.00 ➝ $60.00Low
3/13/2020Wells Fargo & CompanyUpgradeBuyLow
1/14/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$80.00Medium
12/12/2019Robert W. BairdInitiated CoverageBuy$81.00Medium
12/11/2019KeyCorpReiterated RatingOverweight$70.00 ➝ $75.00Medium
12/9/2019SidotiBoost TargetNeutral$61.00 ➝ $71.00Medium
11/19/2019KeyCorpBoost TargetOverweight$65.00 ➝ $70.00Medium
9/23/2019Wells Fargo & CompanySet TargetHold$60.00Low
8/15/2019Wells Fargo & CompanyLower TargetMarket Perform$60.00 ➝ $55.00Low
8/15/2019KeyCorpReiterated RatingOverweight$70.00 ➝ $65.00Low
(Data available from 7/19/2019 forward)

News Sentiment Rating

1.51 (Strong Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/22/2023
  • 13 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
1/21/2024
  • 19 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/20/2024
  • 20 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/21/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/20/2024
  • 22 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/20/2024
  • 18 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/19/2024
  • 16 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/19/2024

Current Sentiment

  • 16 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Applied Industrial Technologies logo
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
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Today's Range

Now: $207.55
Low: $206.59
High: $212.19

50 Day Range

MA: $192.61
Low: $183.80
High: $210.63

52 Week Range

Now: $207.55
Low: $138.38
High: $212.19

Volume

230,978 shs

Average Volume

289,214 shs

Market Capitalization

$8.01 billion

P/E Ratio

21.76

Dividend Yield

0.71%

Beta

1.06

Frequently Asked Questions

What sell-side analysts currently cover shares of Applied Industrial Technologies?

The following sell-side analysts have issued research reports on Applied Industrial Technologies in the last year: KeyCorp, Loop Capital, Northcoast Research, Oppenheimer Holdings Inc., Robert W. Baird, and StockNews.com.
View the latest analyst ratings for AIT.

What is the current price target for Applied Industrial Technologies?

4 Wall Street analysts have set twelve-month price targets for Applied Industrial Technologies in the last year. Their average twelve-month price target is $201.00, suggesting a possible downside of 3.2%. Oppenheimer Holdings Inc. has the highest price target set, predicting AIT will reach $235.00 in the next twelve months. Loop Capital has the lowest price target set, forecasting a price of $174.00 for Applied Industrial Technologies in the next year.
View the latest price targets for AIT.

What is the current consensus analyst rating for Applied Industrial Technologies?

Applied Industrial Technologies currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for AIT.

What other companies compete with Applied Industrial Technologies?

Other companies that are similar to Applied Industrial Technologies include Watsco, WESCO International, Beacon Roofing Supply, Air Lease and GATX. Learn More about companies similar to Applied Industrial Technologies.

How do I contact Applied Industrial Technologies' investor relations team?

Applied Industrial Technologies' physical mailing address is ONE APPLIED PLAZA, CLEVELAND OH, 44115. The industrial products company's listed phone number is (216) 426-4000 and its investor relations email address is [email protected]. The official website for Applied Industrial Technologies is www.applied.com. Learn More about contacing Applied Industrial Technologies investor relations.