About Altra Industrial Motion Corp
Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. The Company's products are used to control and transmit power and torque in virtually any industrial application involving movement. The Company's product portfolio includes clutches and brakes, couplings and gearing, and power transmission components. Its products are used in a range of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. The Company's products serve a range of end markets, including energy, general industrial, material handling, mining, transportation, and turf and garden.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Electrical Equipment
- Sub-Industry: Industrial Machinery
- Exchange: NASDAQ
- Symbol: AIMC
- CUSIP: 02208R10
- Previous Close: $41.00
- 50 Day Moving Average: $38.44
- 200 Day Moving Average: $33.40
- 52-Week Range: $24.25 - $46.90
- Trailing P/E Ratio: 33.81
- Foreward P/E Ratio: 18.41
- P/E Growth: 1.48
- Market Cap: $1.01B
- Outstanding Shares: 25,884,000
- Beta: 1.52
- Net Margins: 4.17%
- Return on Equity: 15.75%
- Return on Assets: 6.25%
Companies Related to Altra Industrial Motion Corp:
- Debt-to-Equity Ratio: 0.84%
- Current Ratio: 2.70%
- Quick Ratio: 1.55%
What is Altra Industrial Motion Corp's stock symbol?
Altra Industrial Motion Corp trades on the NASDAQ under the ticker symbol "AIMC."
How often does Altra Industrial Motion Corp pay dividends? What is the dividend yield for Altra Industrial Motion Corp?
Altra Industrial Motion Corp declared a quarterly dividend on Tuesday, February 28th. Investors of record on Friday, March 17th will be given a dividend of $0.15 per share on Tuesday, April 4th. This represents a $0.60 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, March 15th.
Where is Altra Industrial Motion Corp's stock going? Where will Altra Industrial Motion Corp's stock price be in 2017?
4 brokerages have issued 12-month price objectives for Altra Industrial Motion Corp's stock. Their forecasts range from $38.00 to $45.00. On average, they expect Altra Industrial Motion Corp's share price to reach $41.50 in the next twelve months.
When will Altra Industrial Motion Corp announce their earnings?
Altra Industrial Motion Corp is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.
What are analysts saying about Altra Industrial Motion Corp stock?
Here are some recent quotes from research analysts about Altra Industrial Motion Corp stock:
- Jefferies Group LLC analysts commented, "2016 ended with 4Q outperformance on better execution. Operating income was 10% > our estimate, largely providing to the $0.07/sh beat with EPS of $0.41 vs. our estimate and consensus of $0.34. 2017 is expected to start slow with 1Q17 EPS to be flat to slightly down. But with O&G and Distribution markets expected to see improvement in 2H and Stromag savings in front of us, we expect lesser headwinds entering 2017, which is reflected in the current stock price." (3/1/2017)
According to Zacks Investment Research, "Over the last three months, Altra Industrial's shares outperformed the Zacks categorized Machinery General Industrial industry. The company reported better-than-expected fourth-quarter 2016 results. Quarterly earnings as well as revenues exceeded the Zacks Consensus Estimates. The stellar performance was driven by robust sales volume, greater operational efficacy and favorable pricing conditions. The company holds solid potential for organic and inorganic growth over the long run. In addition, the Stromag acquisition will start yielding earnings benefits in 2017. Moreover, the company has been progressing well on its restructuring and cost-saving strategies. Rewarding shareholders with dividends and share buybacks remain a priority for the company." (3/1/2017)
Robert W. Baird analysts commented, "We remain cautious on estimate trajectory given depressed end markets, ongoing backlog burn, and concerns on top-line trajectory into 2017." (5/2/2016)
Who owns Altra Industrial Motion Corp stock?
Altra Industrial Motion Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Silvercrest Asset Management Group LLC (6.95%), Dimensional Fund Advisors LP (5.06%), Frontier Capital Management Co. LLC (4.81%), Franklin Resources Inc. (3.34%), State Street Corp (1.79%) and Systematic Financial Management LP (1.07%). Company insiders that own Altra Industrial Motion Corp stock include Carl R Christenson, Christian Storch, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr and Lyle G Ganske.
Who sold Altra Industrial Motion Corp stock? Who is selling Altra Industrial Motion Corp stock?
Altra Industrial Motion Corp's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Dimensional Fund Advisors LP, Loomis Sayles & Co. L P, Renaissance Technologies LLC, Systematic Financial Management LP, Two Sigma Investments LP, GSA Capital Partners LLP and Keybank National Association OH. Company insiders that have sold Altra Industrial Motion Corp stock in the last year include Carl R Christenson, Christian Storch, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr and Lyle G Ganske.
Who bought Altra Industrial Motion Corp stock? Who is buying Altra Industrial Motion Corp stock?
Altra Industrial Motion Corp's stock was acquired by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Silvercrest Asset Management Group LLC, Frontier Capital Management Co. LLC, Russell Investments Group Ltd., Comerica Bank, Numeric Investors LLC, PEAK6 Investments L.P. and State Street Corp.
How do I buy Altra Industrial Motion Corp stock?
Shares of Altra Industrial Motion Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Altra Industrial Motion Corp stock cost?
One share of Altra Industrial Motion Corp stock can currently be purchased for approximately $38.85.