Loop Capital analyst Chris Dankert maintains $Applied Industrial Technologies (AIT.US)$ with a buy rating, and adjusts the target price from $230 to $270.
According to TipRanks data, the analyst has a success rate of 72.9% and a total average return of 14.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Applied Industrial Technologies (AIT.US)$'s main analysts recently are as follows:
The firm's neutral stance on Applied Industrial Technologies remains despite the company's fiscal Q1 adjusted EPS surpassing forecasts. This outlook is rooted in the expectation of long-term secular growth, notwithstanding the present challenges in the macro environment and the restrained capital deployment observed post-COVID. The adjustment in the target is influenced by the re-rating observed amongst peers.
Applied Industrial Technologies is considered well-positioned to capitalize on accelerating industrial production while an improving product mix is contributing to margin expansion. Additionally, strategic capital deployment is expected to provide further enhancements to earnings. Although current guidance is cautious, anticipating some incremental demand reduction into the second quarter, it is based on the expectation of generally stable market conditions for the latter half of the year.
Following Applied Industrial Technologies' fiscal Q1 results and the slight increase in EPS guidance, there's a perception that management has kept a suitable level of caution regarding full-year revenue and margin forecasts. However, initial positive signs seen in order activity, especially within the Automation and Technology sectors, may suggest potential for the company's FY25 guidance and consensus estimates to surpass expectations.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Loop Capital分析师Chris Dankert维持$应用工业技术 (AIT.US)$买入评级，并将目标价从230美元上调至270美元。
根据TipRanks数据显示，该分析师近一年总胜率为72.9%，总平均回报率为14.8%。
此外，综合报道，$应用工业技术 (AIT.US)$近期主要分析师观点如下：
尽管公司财季Q1调整后的每股收益超过预期，但公司对应用工业技术的中立立场仍然保持不变。这一展望根源于长期的宗教增长预期，尽管宏观环境目前存在挑战，并且在新冠肺炎后观察到的资本投放受到限制。目标的调整受到同行重估的影响。
应用工业技术被认为处于有利位置，以便利用加速的工业生产，同时改善的产品组合有助于扩大利润。此外，战略资本投入预计将进一步增强收益。尽管目前的指引较为谨慎，预计第二季度将有一些需求减少，但这是基于对后半年市场条件普遍稳定的预期。
根据应用工业技术财季Q1的结果和每股收益指引的略微增加，有一种看法认为管理层在全年营收和利润预测方面保持了适当的谨慎水平。然而，首次订单活动中出现的积极迹象，尤其是在自动化和科技领域内，可能表明公司FY25指引和共识预测有可能超出预期。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
