WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for AIT

Based on 3 analysts offering 12 month price targets for Applied Industrial Technologies Inc.
Min Forecast
$174.00+12.56%
Avg Forecast
$180.33+16.66%
Max Forecast
$185.00+19.68%

Should I buy or sell AIT stock?

Based on 3 analysts offering ratings for Applied Industrial Technologies Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
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
Loop Capital
Top 16%
85
Strong BuyMaintains$174.00+12.56%2023-08-14Find out why
Baird
Top 3%
98
BuyMaintains$185.00+19.68%2023-08-11
KeyBanc
Top 9%
92
Strong BuyMaintains$182.00+17.74%2023-08-11Find out why

1 of 1

Forecast return on equity

Is AIT forecast to generate an efficient return?
Company
21.05%
Industry
37.06%
Market
48.56%
AIT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AIT forecast to generate an efficient return on assets?
Company
11.19%
Industry
16.31%
AIT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AIT earnings growth forecast

How is AIT forecast to perform vs Industrial Distribution companies and vs the US market?
Company
-11.58%
Industry
2,167.22%
Market
67.2%
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
-3.4%
Industry
-0.38%
Market
12.79%
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$154.58$180.33+16.66%Strong Buy
CNM$28.53$34.70+21.63%Buy
MSM$97.57$98.60+1.06%Buy
BECN$76.20$90.67+18.99%Buy
WCC$141.41$184.00+30.12%Buy
View Top Industrial Distribution Stocks

Applied Industrial Technologies Stock Forecast FAQ

Is Applied Industrial Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: AIT) stock is to Strong Buy AIT stock.

Out of 3 analysts, 2 (66.67%) are recommending AIT as a Strong Buy, 1 (33.33%) 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 forecast return on equity (ROE) for 2024-2024?

(NYSE: AIT) forecast ROE is 21.05%, which is considered strong.

What is AIT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year AIT price target, the average AIT price target is $180.33, with the highest AIT stock price forecast at $185.00 and the lowest AIT stock price forecast at $174.00.

On average, Wall Street analysts predict that Applied Industrial Technologies's share price could reach $180.33 by Aug 14, 2024. The average Applied Industrial Technologies stock price prediction forecasts a potential upside of 16.66% from the current AIT share price of $154.58.

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

(NYSE: AIT) forecast ROA is 11.19%, which is lower than the forecast US Industrial Distribution industry average of 16.31%.
©2023 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.