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Applied Industrial Technologies (AIT) Competitors

$193.00
+1.51 (+0.79%)
(As of 05/31/2024 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.

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

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

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

Company Net Margins Return on Equity Return on Assets
Watsco7.03% 19.26% 12.65%
Applied Industrial Technologies 8.36%23.69%13.35%

Watsco pays an annual dividend of $10.80 per share and has a dividend yield of 2.3%. Applied Industrial Technologies pays an annual dividend of $1.48 per share and has a dividend yield of 0.8%. 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. Applied Industrial Technologies pays out 15.5% of its earnings in the form of a dividend. Watsco has raised its dividend for 11 consecutive years and Applied Industrial Technologies has raised its dividend for 15 consecutive years.

Watsco has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, Applied Industrial Technologies has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500.

In the previous week, Applied Industrial Technologies had 2 more articles in the media than Watsco. MarketBeat recorded 8 mentions for Applied Industrial Technologies and 6 mentions for Watsco. Applied Industrial Technologies' average media sentiment score of 1.09 beat Watsco's score of 0.99 indicating that Watsco is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Watsco
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Applied Industrial Technologies
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Watsco currently has a consensus price target of $404.25, indicating a potential downside of 14.88%. Applied Industrial Technologies has a consensus price target of $201.00, indicating a potential upside of 4.15%. Given Watsco's stronger consensus rating and higher possible upside, analysts clearly believe Applied Industrial Technologies is more favorable than Watsco.

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

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
Watsco$7.28B2.63$536.34M$13.0036.53
Applied Industrial Technologies$4.48B1.66$346.74M$9.5420.23

Summary

Applied Industrial Technologies beats Watsco on 12 of the 21 factors compared between the two stocks.

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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.
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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.
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AIT vs. The Competition

MetricApplied Industrial TechnologiesMachinery, equipment, & supplies IndustryIndustrial SectorNYSE Exchange
Market Cap$7.45B$1.71B$9.23B$17.79B
Dividend Yield0.76%0.76%1.99%3.55%
P/E Ratio20.2312.2820.5325.81
Price / Sales1.661.088.5211.40
Price / Cash18.5531.6518.9818.95
Price / Book4.461.883.895.90
Net Income$346.74M$68.26M$462.55M$976.46M
7 Day Performance-1.39%-5.29%-1.37%0.62%
1 Month Performance6.82%2.27%3.11%4.79%
1 Year Performance55.71%20.19%11.47%24.00%

Applied Industrial Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WSO
Watsco
3.6228 of 5 stars
$474.90
+0.1%
$404.25
-14.9%
+45.1%$19.14B$7.28B36.537,425Positive News
WCC
WESCO International
3.1957 of 5 stars
$179.39
+0.3%
$191.17
+6.6%
+31.7%$9.12B$22.39B14.9420,000Dividend Announcement
Analyst Downgrade
Insider Selling
News Coverage
BECN
Beacon Roofing Supply
3.6911 of 5 stars
$97.06
+0.8%
$109.45
+12.8%
+50.2%$6.17B$9.12B-154.068,063Analyst Forecast
Short Interest ↑
AL
Air Lease
4.9472 of 5 stars
$47.62
+1.2%
$53.80
+13.0%
+21.8%$5.30B$2.68B9.60163Positive News
MSM
MSC Industrial Direct
3.9782 of 5 stars
$85.88
+1.1%
$104.00
+21.1%
-5.6%$4.84B$4.01B15.427,377Analyst Downgrade
Short Interest ↑
News Coverage
GATX
GATX
3.0525 of 5 stars
$137.95
+2.1%
$135.00
-2.1%
+14.3%$4.81B$1.45B19.652,020Short Interest ↓
Positive News
RUSHA
Rush Enterprises
4.6122 of 5 stars
$45.13
+0.8%
$52.67
+16.7%
+29.8%$3.55B$7.93B11.417,860Positive News
HEES
H&E Equipment Services
4.9789 of 5 stars
$47.37
-0.2%
$63.00
+33.0%
+29.9%$1.73B$1.47B10.142,765
MRC
MRC Global
3.5067 of 5 stars
$13.29
+1.6%
$15.67
+17.9%
+49.7%$1.13B$3.41B15.452,800Positive News
BXC
BlueLinx
3.1128 of 5 stars
$103.05
+1.9%
$130.00
+26.2%
+23.1%$892.41M$3.14B19.332,000Analyst Forecast

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This page (NYSE:AIT) was last updated on 6/2/2024 by MarketBeat.com Staff

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