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AIT
Stock ticker: NYSE
AS OF
Dec 18, 03:32 PM (EDT)
Price
$252.84
Change
-$1.45 (-0.57%)
Capitalization
7.56B

AIT stock forecast, quote, news & analysis

AIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for AIT with price predictions
Dec 17, 2024

AIT's RSI Indicator descends into oversold zone

The RSI Oscillator for AIT moved into overbought territory on December 17, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AIT advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

AIT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 281 cases where AIT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AIT as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AIT turned negative on November 27, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 54, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AIT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.699) is normal, around the industry mean (4.278). P/E Ratio (20.502) is within average values for comparable stocks, (34.609). AIT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.470). Dividend Yield (0.007) settles around the average of (0.025) among similar stocks. P/S Ratio (1.720) is also within normal values, averaging (1.551).

A.I.Advisor
published Dividends

AIT paid dividends on November 29, 2024

Applied Industrial Technologies AIT Stock Dividends
А dividend of $0.37 per share was paid with a record date of November 29, 2024, and an ex-dividend date of November 15, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Fastenal Company (NASDAQ:FAST).

Industry description

Companies in this industry handle the wholesale shipments for the manufacturer of a product. They have warehouses and distribution centers, and they ship products directly to the retailer. Digitization, increasing competition, emerging customer demand, and product innovation are some of shifts that the industry has been facing in recent times – something that is potentially creating needs/opportunities for business model revisions or transformations. Data, analytics, and technology are becoming increasingly important for whole distributors in anticipating and analyzing consumer needs, and therefore planning their business strategies accordingly. Fastenal Company, W.W. Grainger, Inc., Genuine Parts Company and Pool Corporation are some of the largest names in the business.

Market Cap

The average market capitalization across the Wholesale Distributors Industry is 8.02B. The market cap for tickers in the group ranges from 70.2K to 49.98B. GWW holds the highest valuation in this group at 49.98B. The lowest valued company is SCOO at 70.2K.

High and low price notable news

The average weekly price growth across all stocks in the Wholesale Distributors Industry was -4%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was 5%. TRNS experienced the highest price growth at 2%, while KHDHF experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Wholesale Distributors Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was -3% and the average quarterly volume growth was -1%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 45
Price Growth Rating: 55
SMR Rating: 61
Profit Risk Rating: 53
Seasonality Score: 25 (-100 ... +100)
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AIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

a distributor of bearings, power transmission components and other industrial products

Industry WholesaleDistributors

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
1 Applied Plaza
Phone
+1 216 426-4000
Employees
6200
Web
https://www.applied.com