Applied Industrial Technologies Inc (AIT) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Applied Industrial Technologies Inc (AIT) stock forecast summary
Our AI scores Applied Industrial Technologies Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Applied Industrial Technologies Inc is a large-cap company with a market capitalization of $10.35B. It ranks number 1 by market capitalization among the 5 Wholesale-Machinery, Equipment & Supplies issuers in our coverage with a current forecast.
For AIT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 41.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
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AIT price chart and AI forecast
How AIT ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Applied Industrial Technologies Inc (AIT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Wholesale-Machinery, Equipment & Supplies peers listed below that report each metric.
Valuation & Market
| Metric | AIT | Rank |
|---|---|---|
| Market Cap | $10.35B | 1/5 |
| P/E Ratio | 25.10x | – |
| P/B Ratio | 5.49x | 1/5 |
| Dividend Yield | 0.71% | – |
| EPS | $11.29 | – |
| Book Value/Share | $51.60 | – |
| Revenue/Share | $138.53 | – |
| FCF/Share | $11.55 | – |
Profitability & Margins
| Metric | AIT | Rank |
|---|---|---|
| ROE | 23.7% | – |
| ROA | 15.0% | – |
| ROIC | 23.1% | – |
| Gross Margin | 30.4% | – |
| Operating Margin | 10.8% | 2/5 |
| Net Margin | 8.5% | – |
| EBT Margin | 10.6% | 2/5 |
| Tax Rate | 23.8% | – |
Financial Health
| Metric | AIT | Rank |
|---|---|---|
| Current Ratio | 2.89x | – |
| Quick Ratio | 1.90x | – |
| D/E Ratio | 0.58x | 4/5 |
| Financial Leverage | 1.58x | – |
| Working Capital | $1.02B | – |
Cash Flow
| Metric | AIT | Rank |
|---|---|---|
| Operating Cash Flow | $451M | 1/5 |
| Free Cash Flow | $422M | 1/5 |
| Capital Spending | -$29M | 5/5 |
| OCF Growth YoY | -6.8% | 2/5 |
| FCF Growth YoY | -8.0% | – |
| FCF/Sales | 8.3% | 2/5 |
| CapEx/Sales | 0.6% | 5/5 |
Operational Efficiency
| Metric | AIT | Rank |
|---|---|---|
| Asset Turnover | 1.70x | – |
| Receivables Turnover | 6.2x | 4/5 |
| Inventory Turnover | 6.6x | – |
| Fixed Assets Turnover | 37.6x | – |
| Days Sales Outstanding | 59 days | 2/5 |
| Days Inventory | 55 days | – |
| Payables Period | 30 days | – |
| Cash Conversion Cycle | 84 days | – |
Income Statement
| Metric | AIT | Rank |
|---|---|---|
| Total Revenue | $5.06B | 1/5 |
| Operating Income | $564M | 1/5 |
| Net Income | $447M | – |
| SG&A Expense | $974M | 1/5 |
| Cost of Goods Sold | $3.52B | – |
Dividend & Shareholder Information
| Metric | AIT | Rank |
|---|---|---|
| Dividends Per Share | $2.03 | – |
| Payout Ratio | 18.0% | – |
| Shares Outstanding | 37M | – |
| Net Income Growth | 10.8% | – |
| EPS Growth | 8.7% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.55B | 52.1% of assets |
| Cash & Short-term Investments | $112M | 3.8% of assets |
| Accounts Receivable | $822M | 27.6% of assets |
| Inventory | $533M | 17.9% of assets |
| Total Liabilities | $1.10B | 36.8% of assets |
| Short-term Debt | $245M | 8.2% of assets |
AIT quarterly financials and insider trading
Applied Industrial Technologies Inc (AIT) industry peers
Companies classified under the same SEC industry code as Applied Industrial Technologies Inc (Wholesale-Machinery, Equipment & Supplies): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Applied Industrial Technologies Inc (AIT) stock forecast FAQ
What is the Applied Industrial Technologies Inc (AIT) stock forecast?
Our AI scores Applied Industrial Technologies Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Applied Industrial Technologies Inc stock predictions?
For AIT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 41.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Applied Industrial Technologies Inc forecasts updated?
Applied Industrial Technologies Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Applied Industrial Technologies Inc's industry peers?
5 issuers in our coverage, AIT included, share the SEC industry code Wholesale-Machinery, Equipment & Supplies. The largest are: Distribution Solutions Group, Inc. (DSGR), Willis Lease Finance Corp (WLFC), Aersale Corp (ASLE), Hudson Technologies Inc /Ny (HDSN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.