WallStreetZenWallStreetZen

NYSE: AIT
Applied Industrial Technologies Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for AIT

Based on 2 analysts offering 12 month price targets for Applied Industrial Technologies Inc.
Min Forecast
$210.00+14.47%
Avg Forecast
$222.50+21.29%
Max Forecast
$235.00+28.1%

Should I buy or sell AIT stock?

Based on 2 analysts offering ratings for Applied Industrial Technologies Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their AIT stock forecasts and price targets.

AIT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-02

1 of 1

Forecast return on equity

Is AIT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.03%

Forecast return on assets

Is AIT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

AIT revenue forecast

What is AIT's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$4.5B+1.46%
Avg 2 year Forecast
$4.7B+4.43%
Avg 3 year Forecast
$4.8B+6.72%
AIT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AIT earnings growth forecast

How is AIT forecast to perform vs Industrial Distribution companies and vs the US market?
Company
-19.86%
Industry
197.69%
Market
28.75%
AIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AIT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AIT revenue growth forecast

How is AIT forecast to perform vs Industrial Distribution companies and vs the US market?
Company
2.09%
Industry
5.12%
Market
9.2%
AIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AIT vs Industrial Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
AIT$183.45$222.50+21.29%Strong Buy
SITE$155.94$172.60+10.68%Hold
WCC$154.01$179.60+16.62%Buy
BECN$94.56$116.83+23.55%Strong Buy
MSM$92.46$106.00+14.64%Strong Buy
View Top Industrial Distribution Stocks

Applied Industrial Technologies Stock Forecast FAQ

Is Applied Industrial Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: AIT) stock is to Strong Buy AIT stock.

Out of 2 analysts, 1 (50%) are recommending AIT as a Strong Buy, 1 (50%) are recommending AIT as a Buy, 0 (0%) are recommending AIT as a Hold, 0 (0%) are recommending AIT as a Sell, and 0 (0%) are recommending AIT as a Strong Sell.

If you're new to stock investing, here's how to buy Applied Industrial Technologies stock.

What is AIT's revenue growth forecast for 2024-2026?

(NYSE: AIT) Applied Industrial Technologies's forecast annual revenue growth rate of 2.09% is not forecast to beat the US Industrial Distribution industry's average forecast revenue growth rate of 5.12%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Applied Industrial Technologies's revenue in 2024 is $4,462,450,000.On average, 3 Wall Street analysts forecast AIT's revenue for 2024 to be $175,083,736,681, with the lowest AIT revenue forecast at $173,548,558,920, and the highest AIT revenue forecast at $176,058,207,199. On average, 3 Wall Street analysts forecast AIT's revenue for 2025 to be $180,212,854,518, with the lowest AIT revenue forecast at $176,987,047,748, and the highest AIT revenue forecast at $182,021,038,702.

In 2026, AIT is forecast to generate $184,163,907,104 in revenue, with the lowest revenue forecast at $176,411,259,414 and the highest revenue forecast at $191,916,554,795.

What is AIT's forecast return on assets (ROA) for 2024-2026?

(NYSE: AIT) forecast ROA is N/A, which is lower than the forecast US Industrial Distribution industry average of N/A.

What is AIT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year AIT price target, the average AIT price target is $222.50, with the highest AIT stock price forecast at $235.00 and the lowest AIT stock price forecast at $210.00.

On average, Wall Street analysts predict that Applied Industrial Technologies's share price could reach $222.50 by Apr 11, 2025. The average Applied Industrial Technologies stock price prediction forecasts a potential upside of 21.29% from the current AIT share price of $183.45.

What is AIT's forecast return on equity (ROE) for 2024-2026?

(NYSE: AIT) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.