Applied Industrial Technologies (AIT) Stock Forecast, Price Target & Predictions
AIT Stock Forecast
Applied Industrial Technologies (AIT) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $241.00, with a high of $285.00 and a low of $210.00. This represents a -0.57% decline from the last price of $242.37.
AIT Stock Rating
Applied Industrial Technologies stock's rating consensus is Buy, based on 15 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (66.67%), 5 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
AIT Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Applied Industrial Technologies | -0.57% |
Sector | Industrials Stocks | 25.40% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 6 |
Avg Price Target | - | - | $236.67 |
Last Closing Price | $242.37 | $242.37 | $242.37 |
Upside/Downside | - | - | -2.35% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | - | 6 | 1 | - | - | 7 |
Mar, 25 | - | 6 | 1 | - | - | 7 |
Feb, 25 | - | 6 | 1 | - | - | 7 |
Jan, 25 | 1 | 6 | 1 | - | - | 8 |
Dec, 24 | 1 | 6 | 1 | - | - | 8 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 24, 2024 | Chris Glynn | Oppenheimer | $235.00 | $232.37 | 1.13% | -3.04% |
Oct 21, 2024 | Brett Linzey | Mizuho Securities | $285.00 | $229.98 | 23.92% | 17.59% |
Sep 23, 2024 | Ken Newman | KeyBanc | $245.00 | $218.77 | 11.99% | 1.09% |
Aug 29, 2024 | David Manthey | Robert W. Baird | $210.00 | $203.62 | 3.13% | -13.36% |
Aug 16, 2024 | Chris Dankert | Loop Capital Markets | $230.00 | $199.67 | 15.19% | -5.10% |
Aug 16, 2024 | Steve Barger | KeyBanc | $215.00 | $199.95 | 7.53% | -11.29% |
Apr 29, 2024 | Chris Dankert | Loop Capital Markets | $215.00 | $183.59 | 17.11% | -11.29% |
Aug 12, 2022 | Ken Newman | KeyBanc | $140.00 | $113.43 | 23.42% | -42.24% |
Aug 12, 2022 | David Manthey | Robert W. Baird | $129.00 | $113.43 | 13.73% | -46.78% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 26, 2024 | Bank of America Securities | Buy | upgrade | |
Nov 22, 2024 | Oppenheimer | Outperform | Outperform | hold |
Oct 24, 2024 | Oppenheimer | Outperform | Outperform | hold |
Sep 23, 2024 | KeyBanc | Overweight | Overweight | hold |
Sep 03, 2024 | Raymond James | Outperform | initialise | |
Aug 16, 2024 | Loop Capital Markets | Buy | Buy | hold |
Aug 16, 2024 | KeyBanc | Overweight | Overweight | hold |
Apr 29, 2024 | Loop Capital Markets | Buy | Buy | hold |
Apr 02, 2024 | Oppenheimer | Outperform | initialise | |
Sep 28, 2022 | Atlantic Equities | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $0.62 | $3.73 | $6.69 | $8.98 | $9.98 | - | - | - |
Avg Forecast | $3.69 | $4.41 | $6.22 | $8.56 | $9.61 | $9.87 | $10.73 | $11.91 |
High Forecast | $3.74 | $4.46 | $6.29 | $8.69 | $9.63 | $9.93 | $10.79 | $12.59 |
Low Forecast | $3.65 | $4.35 | $6.14 | $8.42 | $9.59 | $9.84 | $10.70 | $11.40 |
Surprise % | -83.20% | -15.42% | 7.56% | 4.91% | 3.85% | - | - | - |
Revenue Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $3.25B | $3.24B | $3.81B | $4.41B | $4.48B | - | - | - |
Avg Forecast | $3.26B | $3.18B | $3.73B | $4.37B | $4.50B | $4.55B | $4.84B | $5.22B |
High Forecast | $3.29B | $3.21B | $3.76B | $4.42B | $4.55B | $4.60B | $4.87B | $5.26B |
Low Forecast | $3.23B | $3.15B | $3.69B | $4.31B | $4.49B | $4.49B | $4.82B | $5.18B |
Surprise % | -0.44% | 1.77% | 2.26% | 0.94% | -0.55% | - | - | - |
Net Income Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $24.04M | $144.76M | $257.41M | $346.74M | $385.76M | - | - | - |
Avg Forecast | $129.68M | $-39.67M | $165.96M | $336.17M | $374.46M | $388.21M | $421.68M | $447.97M |
High Forecast | $155.61M | $-13.38M | $199.15M | $341.00M | $449.35M | $389.99M | $423.47M | $494.27M |
Low Forecast | $103.74M | $-65.96M | $132.77M | $330.42M | $299.56M | $386.42M | $419.89M | $447.39M |
Surprise % | -81.46% | -464.92% | 55.11% | 3.14% | 3.02% | - | - | - |