NASDAQ:ALNT

Allient (ALNT) Stock Price, News & Analysis

$29.39
-0.65 (-2.16%)
(As of 04/30/2024 ET)
Today's Range
$29.35
$29.94
50-Day Range
$27.86
$36.18
52-Week Range
$25.12
$40.59
Volume
53,992 shs
Average Volume
58,136 shs
Market Capitalization
$491.99 million
P/E Ratio
19.86
Dividend Yield
0.41%
Price Target
$41.00

Allient MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
39.5% Upside
$41.00 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.19 M Sold Last Quarter
Proj. Earnings Growth
13.60%
From $2.28 to $2.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.33 out of 5 stars

Computer And Technology Sector

117th out of 584 stocks

Instruments To Measure Electricity Industry

3rd out of 9 stocks

ALNT stock logo

About Allient Stock (NASDAQ:ALNT)

Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers' representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.

ALNT Stock Price History

ALNT Stock News Headlines

Elon’s New A.I. Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Amherst company reports record earnings in 2023
Elon’s New A.I. Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Allient just downgraded at Northland, here's why
Allient: Q4 Earnings Snapshot
Allient Declares Quarterly Cash Dividend
Allient's Earnings Outlook
Allient Publishes Inaugural Sustainability Report
Allient Inc.
See More Headlines
Receive ALNT Stock News and Ratings via Email

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

Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 4/3 Dividend
3/19/2024
Dividend Payable
4/03/2024
Today
4/30/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
N/A
Current Symbol
NASDAQ:ALNT
Employees
2,287
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$42.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+39.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$24.10 million
Pretax Margin
5.13%

Debt

Sales & Book Value

Annual Sales
$578.63 million
Cash Flow
$3.80 per share
Book Value
$15.52 per share

Miscellaneous

Free Float
14,128,000
Market Cap
$491.99 million
Optionable
Optionable
Beta
1.60
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Richard S. Warzala (Age 71)
    Chairman, CEO & President
    Comp: $2.35M
  • Mr. Michael R. Leach (Age 55)
    Senior VP & CFO
    Comp: $767.26k
  • Mr. Kenneth A. May (Age 60)
    VP & CTO
    Comp: $337.42k
  • Mr. Helmut D. Pirthauer (Age 53)
    VP & Group President of Allied Dynamos Group
    Comp: $502.86k
  • Mr. Ashish R. Bendre (Age 54)
    VP & Group President of Allied Orion Group
    Comp: $523.22k
  • Alex Collichio
    General Counsel & Chief Administrative Officer
  • Steve Warzala
    Chief Growth Officer
  • Mr. Joseph P. Kubarek
    Secretary

ALNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Allient stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allient in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALNT shares.
View ALNT analyst ratings
or view top-rated stocks.

What is Allient's stock price target for 2024?

2 analysts have issued 1 year target prices for Allient's stock. Their ALNT share price targets range from $40.00 to $42.00. On average, they expect the company's share price to reach $41.00 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price.
View analysts price targets for ALNT
or view top-rated stocks among Wall Street analysts.

How have ALNT shares performed in 2024?

Allient's stock was trading at $30.21 on January 1st, 2024. Since then, ALNT stock has decreased by 2.7% and is now trading at $29.39.
View the best growth stocks for 2024 here
.

Are investors shorting Allient?

Allient saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 87,600 shares, a decrease of 7.7% from the March 15th total of 94,900 shares. Based on an average daily trading volume, of 60,400 shares, the short-interest ratio is presently 1.5 days. Approximately 0.6% of the shares of the stock are short sold.
View Allient's Short Interest
.

When is Allient's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ALNT earnings forecast
.

How can I listen to Allient's earnings call?

Allient will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745675".

How were Allient's earnings last quarter?

Allient Inc. (NASDAQ:ALNT) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.30. The company had revenue of $141 million for the quarter, compared to analysts' expectations of $132.65 million. Allient had a net margin of 4.16% and a trailing twelve-month return on equity of 15.60%.

How often does Allient pay dividends? What is the dividend yield for Allient?

Allient announced a quarterly dividend on Tuesday, March 5th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.03 per share on Wednesday, April 3rd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Tuesday, March 19th.
Read our dividend analysis for ALNT
.

Is Allient a good dividend stock?

Allient (NASDAQ:ALNT) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALNT will have a dividend payout ratio of 4.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALNT.

What ETFs hold Allient's stock?

ETFs with the largest weight of Allient (NASDAQ:ALNT) stock in their portfolio include Gabelli Automation ETF (GAST).ProShares S&P Kensho Smart Factories ETF (MAKX).

Who are Allient's major shareholders?

Allient's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (3.50%), Pinnacle Associates Ltd. (1.61%), Confluence Investment Management LLC (0.57%), Rice Hall James & Associates LLC (0.43%), Assenagon Asset Management S.A. (0.38%) and Raymond James Financial Services Advisors Inc. (0.36%). Insiders that own company stock include Ashish Bendre and Michael R Leach.
View institutional ownership trends
.

How do I buy shares of Allient?

Shares of ALNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALNT) was last updated on 4/30/2024 by MarketBeat.com Staff

From Our Partners