Free Trial

Applied Industrial Technologies (AIT) Competitors

$187.34
+0.18 (+0.10%)
(As of 05:12 PM ET)

AIT vs. WSO, WCC, BECN, AL, MSM, GATX, RUSHA, HEES, MRC, and BXC

Should you be buying Applied Industrial Technologies stock or one of its competitors? The main competitors of Applied Industrial Technologies include Watsco (WSO), WESCO International (WCC), Beacon Roofing Supply (BECN), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC), and BlueLinx (BXC). These companies are all part of the "trading companies & distributors" industry.

Applied Industrial Technologies vs.

Applied Industrial Technologies (NYSE:AIT) and Watsco (NYSE:WSO) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, analyst recommendations, community ranking, valuation, media sentiment, institutional ownership, risk, earnings and dividends.

In the previous week, Applied Industrial Technologies had 6 more articles in the media than Watsco. MarketBeat recorded 13 mentions for Applied Industrial Technologies and 7 mentions for Watsco. Watsco's average media sentiment score of 1.45 beat Applied Industrial Technologies' score of 0.83 indicating that Watsco is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Industrial Technologies
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Watsco
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Applied Industrial Technologies has a net margin of 8.36% compared to Watsco's net margin of 7.03%. Applied Industrial Technologies' return on equity of 23.69% beat Watsco's return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Industrial Technologies8.36% 23.69% 13.35%
Watsco 7.03%19.26%12.65%

Watsco has higher revenue and earnings than Applied Industrial Technologies. Applied Industrial Technologies is trading at a lower price-to-earnings ratio than Watsco, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Industrial Technologies$4.48B1.61$346.74M$9.5419.62
Watsco$7.28B2.56$536.34M$13.0035.59

Applied Industrial Technologies has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500. Comparatively, Watsco has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500.

Applied Industrial Technologies presently has a consensus target price of $201.00, indicating a potential upside of 7.39%. Watsco has a consensus target price of $404.25, indicating a potential downside of 12.62%. Given Applied Industrial Technologies' stronger consensus rating and higher probable upside, research analysts plainly believe Applied Industrial Technologies is more favorable than Watsco.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Industrial Technologies
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Watsco
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29

Watsco received 84 more outperform votes than Applied Industrial Technologies when rated by MarketBeat users. However, 58.71% of users gave Applied Industrial Technologies an outperform vote while only 55.46% of users gave Watsco an outperform vote.

CompanyUnderperformOutperform
Applied Industrial TechnologiesOutperform Votes
246
58.71%
Underperform Votes
173
41.29%
WatscoOutperform Votes
330
55.46%
Underperform Votes
265
44.54%

Applied Industrial Technologies pays an annual dividend of $1.48 per share and has a dividend yield of 0.8%. Watsco pays an annual dividend of $10.80 per share and has a dividend yield of 2.3%. Applied Industrial Technologies pays out 15.5% of its earnings in the form of a dividend. Watsco pays out 83.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

93.5% of Applied Industrial Technologies shares are owned by institutional investors. Comparatively, 89.7% of Watsco shares are owned by institutional investors. 2.2% of Applied Industrial Technologies shares are owned by insiders. Comparatively, 12.9% of Watsco shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Applied Industrial Technologies beats Watsco on 11 of the 20 factors compared between the two stocks.

Get Applied Industrial Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for AIT and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AIT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

AIT vs. The Competition

MetricApplied Industrial TechnologiesMachinery, equipment, & supplies IndustryIndustrial SectorNYSE Exchange
Market Cap$7.22B$1.65B$9.01B$17.62B
Dividend Yield0.79%0.79%2.01%3.57%
P/E Ratio19.626.0714.3821.30
Price / Sales1.611.055.9614.01
Price / Cash18.1329.6415.0615.69
Price / Book4.961.923.904.73
Net Income$346.74M$68.26M$456.13M$973.10M
7 Day Performance0.06%-1.41%0.18%0.83%
1 Month Performance-5.15%-8.89%-2.08%0.88%
1 Year Performance38.90%10.49%3.39%11.07%

Applied Industrial Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WSO
Watsco
3.711 of 5 stars
$462.81
+0.8%
$404.25
-12.7%
+31.5%$18.51B$7.28B35.607,425Positive News
WCC
WESCO International
3.4909 of 5 stars
$176.30
+0.5%
$191.17
+8.4%
+14.0%$8.91B$22.39B14.6820,000Analyst Downgrade
BECN
Beacon Roofing Supply
3.6172 of 5 stars
$96.41
+0.0%
$109.45
+13.5%
+31.4%$6.13B$9.30B-153.038,063Positive News
AL
Air Lease
4.8259 of 5 stars
$45.95
-0.5%
$53.80
+17.1%
+10.5%$5.12B$2.68B9.26163
MSM
MSC Industrial Direct
4.1692 of 5 stars
$85.33
+0.3%
$104.00
+21.9%
-10.4%$4.80B$4.01B15.327,377Analyst Downgrade
GATX
GATX
2.2864 of 5 stars
$131.13
-0.9%
$135.00
+3.0%
+4.8%$4.67B$1.41B18.682,020Positive News
RUSHA
Rush Enterprises
4.6043 of 5 stars
$43.51
-0.3%
$52.67
+21.0%
+11.4%$3.43B$7.93B11.007,860Positive News
HEES
H&E Equipment Services
4.965 of 5 stars
$45.03
+0.0%
$63.00
+39.9%
+6.2%$1.64B$1.47B9.642,765
MRC
MRC Global
3.68 of 5 stars
$12.64
-1.1%
$15.67
+23.9%
+29.4%$1.08B$3.41B14.702,800Positive News
BXC
BlueLinx
3.0122 of 5 stars
$97.65
-1.3%
$130.00
+33.1%
+7.4%$845.65M$3.14B18.322,000Positive News

Related Companies and Tools

This page (NYSE:AIT) was last updated on 6/10/2024 by MarketBeat.com Staff

From Our Partners