Applied Industrial Technologies AIT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Applied Industrial Technologies (AIT) Business Model and Operations Summary
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
Key Insights
Applied Industrial Technologies (AIT) Core Market Data and Business Metrics
Latest Closing Price
$229.43Market Cap
$8.81 BillionPrice-Earnings Ratio
23.22Total Outstanding Shares
38.38 Million SharesTotal Employees
6,916Dividend
$0.46 Per Share QuarterlyIPO Date
January 1, 1984SIC Description
Wholesale-machinery, Equipment & SuppliesPrimary Exchange
New York Stock ExchangeHeadquarters
One Applied Plaza, Cleveland, OH, 44115-5056
Historical Stock Splits
If you bought 1 share of AIT before December 20, 2004, you'd have 2.25 shares today.
Execution Date | Split Amount |
---|---|
June 16, 2006 | 1.5-for-1 |
December 20, 2004 | 3-for-2 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Net Cash Flow, Continuing | $-99.58 Million |
Net Cash Flow From Financing Activities | $-178.35 Million |
Net Cash Flow From Financing Activities, Continuing | $-178.35 Million |
Net Cash Flow From Operating Activities | $426.31 Million |
Net Cash Flow From Investing Activities | $-347.54 Million |
Net Cash Flow | $-109.41 Million |
Income Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Diluted Earnings Per Share | $9.88 |
Net Income/Loss Available To Common Stockholders, Basic | $386.06 Million |
Net Income/Loss Attributable To Parent | $386.06 Million |
Net Income/Loss | $386.06 Million |
Income Tax Expense/Benefit | $116.18 Million |
Costs And Expenses | $3.98 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Comprehensive Income/Loss Attributable To Parent | $339.87 Million |
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income/Loss | $348.81 Million |
Other Comprehensive Income/Loss | $-46.19 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Current Liabilities | $429.44 Million |
Other Current Assets | $793.21 Million |
Intangible Assets | $360.75 Million |
Equity Attributable To Noncontrolling Interest | $0 |
Noncurrent Assets | $1.43 Billion |
Fixed Assets | $125.34 Million |
Historical Dividends
Current dividend: $0.46 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Jan 29, 2025 | Feb 28, 2025 | Feb 14, 2025 | $0.46 | Quarterly |
Oct 24, 2024 | Nov 29, 2024 | Nov 15, 2024 | $0.37 | Quarterly |
Jun 28, 2024 | Aug 30, 2024 | Aug 15, 2024 | $0.37 | Quarterly |
Apr 25, 2024 | May 31, 2024 | May 15, 2024 | $0.37 | Quarterly |
Jan 25, 2024 | Feb 29, 2024 | Feb 15, 2024 | $0.37 | Quarterly |
Oct 26, 2023 | Nov 30, 2023 | Nov 15, 2023 | $0.35 | Quarterly |