Analyst Ratings for Applied Industrial Technologies Inc. (AIT)

Updated: 2017-07-27

Shares of Applied Industrial Technologies Inc. (NYSE:AIT) have received a consensus rating of Hold from Wall Street analysts. Last month, AIT received an average rating of Hold.

0 analysts declared AIT a buy, 0 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

AIT was given price targets by several analysts. The most optimistic price target was 63, implying potential capital gains of 10.87 percent. The most pessimistic analyst gave a price target of 63, implying a possible loss of 10.87 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.52 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 4.63 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AIT's earnings is estimated by analysts to be 10.55 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of AIT is 1.98.

In the last 52-weeks, AIT has achieved a high of 69.00 and a low of 43.50. The current market price is above the trailing year's low by 30.63 percent, and below the high by 17.64 percent. AIT has a P/E ratio of 20.86. Investors typically compare the P/E ratio to a company's peers in the industry. The AIT value stock report compares AIT to some of its peers using value stock charts. The market cap of AIT is $2.21 billion. AIT's next earnings release will be on 0000-00-00, which is days away.