APPL IND TECH

Applied Industrial Technologies found using ticker (AIT) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 125 and 115 calculating the average target price we see 120. Given that the stocks previous close was at 102.29 this is indicating there is a potential upside of 17.3%. The 50 day MA is 97.36 and the 200 day moving average is 100.01. The company has a market cap of $3,977m. Visit the company website at: https://www.applied.com [stock_market_widget type="chart" template="basic" color="green" assets="AIT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,666m based on the market concensus. Applied Industrial Technologies distributes industrial products in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers'' machinery and equipment.

Applied Industrial Technologies shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 83.

These are the six most undervalued mid-cap stocks to buy now. These stocks have market capitalizations between $500 million and $10 billion and have low valuation multiples. They also have good earnings prospects going forward, recession or not. If they don’t, they are generating large amounts of free cash flow. These stocks are also very inexpensive right now. As a result, the average P/E multiple of this group is 12.5x and they have an average dividend yield of over 2%. This can be seen in the chart on the right. Click to Enlarge Source: Mark R. Hake, CFA It’s not uncommon as well for these kinds of mid-cap stocks to have significant upside potential as well. In most cases, I will point out the average upside target prices that analysts have for the stock. This article will focus on those stocks with the best of both worlds – cheap valuations and above-average growth rates. 7 Best AI Stocks to Buy Now Let’s dive in and look at these undervalued mid-cap stocks. EBF Ennis $21.18 WIRE Encore Wire Corporation $113.72 MYE Myers Industries $22.59 BBSI Barrett Business Services $76.75 BHE Benchmark Electronics $23.39 AIT Applied Industrial Technologies $93.71 Undervalued Mid-Cap Stocks: Ennis, Inc (EBF) Source: Shutterstock Market Cap: $523 million Ennis (NYSE: EBF ) is a mid-cap stock that is known for its production and marketing of printed business products.

Applied Industrial Technologies found using ticker (AIT) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 125 and 115 and has a mean target at 120. With the stocks previous close at 89.72 this would indicate that there is a potential upside of 33.7%. There is a 50 day moving average of 99.32 and the 200 moving average now moves to 99.74. The company has a market cap of $3,477m. Visit the company website at: https://www.applied.com [stock_market_widget type="chart" template="basic" color="green" assets="AIT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,651m based on the market concensus. Applied Industrial Technologies distributes industrial products in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers'' machinery and equipment.

Applied Industrial Technologies found using ticker (AIT) have now 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 130 and 120 and has a mean target at 126. Now with the previous closing price of 102.96 this is indicating there is a potential upside of 22.4%. The 50 day moving average now sits at 102.1 and the 200 day moving average is 97.97. The market cap for the company is $3,867m. You can visit the company''s website by visiting: https://www.applied.com [stock_market_widget type="chart" template="basic" color="green" assets="AIT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,732m based on the market concensus. Applied Industrial Technologies distributes industrial products in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers'' machinery and equipment.

Applied Industrial Technologies distributes industrial products in Australia, NA, Singapore, and New Zealand. See why AIT stock has room for price appreciation.

Applied Industrial Technologies, Inc. (NYSE:NYSE:AIT) Q3 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Ryan Cieslak - Director, Investor Relations and…

The following slide deck was published by Applied Industrial Technologies, Inc.

Applied Industrial (NYSE: AIT ) reported its Q3 earnings results on Thursday, April 28, 2022 at 06:30 AM. Here''s what investors need to know about the announcement. Earnings Applied Industrial beat estimated earnings by 25.17%, reporting an EPS of $1.89 versus an estimate of $1.51. Revenue was up $139.72 million from the same period last … Full story available on Benzinga.com

Applied Industrial Technologies (AIT) declares $0.34/share quarterly dividend, in line with previous. Forward yield 1.41% Payable May 31; for shareholders of record May 16; ex-div May 13.

AQR Capital Management LLC acquired a new stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT) during the second quarter, according to its most recent filing with the SEC. The fund acquired 4,333 shares of the industrial products companys stock, valued at approximately $395,000. Several other large investors also recently added to or reduced their []

Millennium Management LLC boosted its holdings in Applied Industrial Technologies, Inc. (NYSE:AIT) by 529.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,425 shares of the industrial products companys stock after acquiring an additional 55,870 shares during the period. Millennium Management LLCs []

Goldman Sachs Group Inc. lessened its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,228 shares of the industrial products companys stock after selling 3,022 shares during the period. Goldman Sachs []

California State Teachers Retirement System trimmed its holdings in Applied Industrial Technologies, Inc. (NYSE:AIT) by 8.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,501 shares of the industrial products companys stock after selling 4,798 shares during the quarter. California State Teachers Retirement []

Applied Industrial Technologies, Inc. (NYSE:AIT) has earned a consensus recommendation of Buy from the six analysts that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have updated their []