About Altra Industrial Motion (NASDAQ:AIMC)
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. It manufactures a range of couplings suitable for various industrial and specialty applications. The Electromagnetic Clutches and Brakes segment products include brakes and clutches that are used to electronically slow, stop, engage or disengage equipment utilizing electromagnetic friction type connections. The Gearing segment product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive and gear motor configurations, and open gearing products, such as spur, helical, worm and miter/bevel gears. Its products are used to control and transmit power and torque in virtually any industrial application involving movement.
Industry, Sector and Symbol
Trailing P/E Ratio25.7866617228187
Forward P/E Ratio18.89
Sales & Book Value
Annual Sales$876.74 million
Price / Sales1.54
Cash Flow$3.30 per share
Price / Cash13.89
Book Value$13.55 per share
Price / Book3.39
Net Income$51.42 million
Return on Equity15.92%
Return on Assets6.55%
Altra Industrial Motion (NASDAQ:AIMC) Frequently Asked Questions
What is Altra Industrial Motion's stock symbol?
Altra Industrial Motion trades on the NASDAQ under the ticker symbol "AIMC."
How often does Altra Industrial Motion pay dividends? What is the dividend yield for Altra Industrial Motion?
Altra Industrial Motion announced a quarterly dividend on Tuesday, February 13th. Investors of record on Monday, March 19th will be given a dividend of $0.17 per share on Tuesday, April 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Friday, March 16th. View Altra Industrial Motion's Dividend History.
How were Altra Industrial Motion's earnings last quarter?
Altra Industrial Motion Corp (NASDAQ:AIMC) released its earnings results on Wednesday, February, 21st. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.02. The industrial products company earned $223.30 million during the quarter, compared to analysts' expectations of $214.70 million. Altra Industrial Motion had a return on equity of 15.92% and a net margin of 5.87%. The business's revenue was up 29.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.41 EPS. View Altra Industrial Motion's Earnings History.
When will Altra Industrial Motion make its next earnings announcement?
What guidance has Altra Industrial Motion issued on next quarter's earnings?
Altra Industrial Motion issued an update on its FY18 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $2.30-2.43 for the period, compared to the Thomson Reuters consensus estimate of $2.42. The company issued revenue guidance of $895-915 million, compared to the consensus revenue estimate of $904.94 million.
Where is Altra Industrial Motion's stock going? Where will Altra Industrial Motion's stock price be in 2018?
5 Wall Street analysts have issued 12-month price objectives for Altra Industrial Motion's shares. Their forecasts range from $40.00 to $58.00. On average, they expect Altra Industrial Motion's stock price to reach $50.60 in the next year. View Analyst Ratings for Altra Industrial Motion.
Who are some of Altra Industrial Motion's key competitors?
Some companies that are related to Altra Industrial Motion include China High Speed T (CHSTY), Bodycote (BYPLF), iRobot (IRBT), Chart Industries (GTLS), Kaman (KAMN), Sun Hydraulics (SNHY), EnPro Industries (NPO), Hollysys Automation Technologies (HOLI), H&E Equipment Services (HEES), Milacron (MCRN), Actuant (ATU), Alamo Group (ALG), Astec Industries (ASTE), Standex International (SXI), Tennant (TNC), Hyster-Yale Materials Handling (HY), Kadant (KAI) and Manitowoc (MTW).
Who are Altra Industrial Motion's key executives?
Altra Industrial Motion's management team includes the folowing people:
- Carl R. Christenson, Chairman of the Board, Chief Executive Officer (Age 57)
- Christian Storch, Vice President, Chief Financial Officer (Age 57)
- Todd B. Patriacca, Vice President - Finance, Corporate Controller, Treasurer (Age 47)
- Craig Schuele, Vice President - Marketing and Business Development (Age 53)
- Glenn E. Deegan, Vice President - Legal and Human Resources, General Counsel, Secretary (Age 50)
- Gerald P. Ferris, Vice President - Global Sales (Age 67)
- Edmund M. Carpenter, Lead Independent Director (Age 75)
- James H. Woodward Jr., Director (Age 64)
- Lyle G. Ganske, Independent Director (Age 58)
- Michael S. Lipscomb, Independent Director (Age 70)
Has Altra Industrial Motion been receiving favorable news coverage?
News articles about AIMC stock have trended positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altra Industrial Motion earned a media sentiment score of 0.38 on Accern's scale. They also assigned press coverage about the industrial products company an impact score of 46.08 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Altra Industrial Motion's major shareholders?
Altra Industrial Motion's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (6.50%), BlackRock Inc. (6.21%), Wasatch Advisors Inc. (5.75%),
JPMORGAN CHASE & COMPANY
(4.90%), Victory Capital Management Inc. (4.50%) and Macquarie Group Ltd. (4.04%). Company insiders that own Altra Industrial Motion stock include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr, Lipscomb S Michael, Lyle G Ganske and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion.
Which institutional investors are selling Altra Industrial Motion stock?
AIMC stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Victory Capital Management Inc., Anchor Bolt Capital LP, Driehaus Capital Management LLC, Macquarie Group Ltd., Mutual of America Capital Management LLC, Systematic Financial Management LP and Sapience Investments LLC. Company insiders that have sold Altra Industrial Motion company stock in the last year include Carl R Christenson, Craig Schuele, Gerald P Ferris, Glenn E Deegan, Lipscomb S Michael, Lyle G Ganske and Todd Patriacca. View Insider Buying and Selling for Altra Industrial Motion.
Which institutional investors are buying Altra Industrial Motion stock?
AIMC stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Earnest Partners LLC, Kennedy Capital Management Inc., Barrow Hanley Mewhinney & Strauss LLC, First Trust Advisors LP, Public Employees Retirement Association of Colorado, Wells Fargo & Company MN and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Altra Industrial Motion.
How do I buy shares of Altra Industrial Motion?
Shares of AIMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Altra Industrial Motion's stock price today?
One share of AIMC stock can currently be purchased for approximately $45.90.
How big of a company is Altra Industrial Motion?
Altra Industrial Motion has a market capitalization of $1.37 billion and generates $876.74 million in revenue each year. The industrial products company earns $51.42 million in net income (profit) each year or $1.78 on an earnings per share basis. Altra Industrial Motion employs 4,580 workers across the globe.
How can I contact Altra Industrial Motion?
Altra Industrial Motion's mailing address is 300 GRANITE STREET SUITE 201, BRAINTREE MA, 02184. The industrial products company can be reached via phone at 781-917-0600.
MarketBeat Community Rating for Altra Industrial Motion (AIMC)MarketBeat's community ratings are surveys of what our community members think about Altra Industrial Motion and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Altra Industrial Motion (NASDAQ:AIMC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Hold||Hold||Buy|
|Consensus Rating Score: ||2.60||2.40||2.25||2.67|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$50.60||$50.40||$48.50||$46.50|
|Price Target Upside: ||10.24% upside||14.42% upside||0.21% upside||2.99% upside|
Altra Industrial Motion (NASDAQ:AIMC) Consensus Price Target History
Altra Industrial Motion (NASDAQ:AIMC) Analyst Ratings History
(Data available from 3/24/2016 forward)
Altra Industrial Motion (NASDAQ:AIMC) Earnings History and Estimates Chart
Altra Industrial Motion (NASDAQ AIMC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/21/2018||Q4 2017||$0.49||$0.47||$214.70 million||$223.30 million||View||N/A|
|10/20/2017||Q3 2017||$0.46||$0.48||$210.79 million||$214.60 million||View||N/A|
|7/25/2017||Q2 2017||$0.50||$0.57||$219.15 million||$223.35 million||View||N/A|
|4/28/2017||Q1 2017||$0.40||$0.53||$209.55 million||$215.40 million||View||N/A|
|2/27/2017||Q416||$0.34||$0.41||$170.32 million||$172.65 million||View||Listen|
|10/21/2016||Q316||$0.35||$0.35||$175.10 million||$173.10 million||View||Listen|
|7/21/2016||Q216||$0.38||$0.42||$183.38 million||$182.70 million||View||Listen|
|4/29/2016||Q1||$0.33||$0.38||$175.60 million||$180.50 million||View||Listen|
|2/17/2016||Q415||$0.34||$0.36||$175.11 million||$173.60 million||View||Listen|
|10/23/2015||Q315||$0.40||$0.43||$187.50 million||$183.10 million||View||Listen|
|7/23/2015||Q215||$0.43||$0.43||$196.23 million||$196.60 million||View||Listen|
|4/30/2015||Q115||$0.40||$0.42||$195.48 million||$193.40 million||View||N/A|
|2/18/2015||Q414||$0.38||$0.42||$194.72 million||$192.00 million||View||N/A|
|10/24/2014||Q314||$0.43||$0.45||$200.30 million||$202.50 million||View||Listen|
|7/24/2014||Q214||$0.49||$0.48||$208.90 million||$215.20 million||View||Listen|
|4/25/2014||Q114||$0.50||$0.48||$210.08 million||$210.10 million||View||Listen|
|2/19/2014||Q413||$0.38||$0.38||$176.42 million||$180.50 million||View||Listen|
|10/24/2013||Q313||$0.37||$0.40||$175.12 million||$175.40 million||View||N/A|
|7/25/2013||Q2 2013||$0.48||$0.41||$188.71 million||$181.10 million||View||N/A|
|4/26/2013||Q1 2013||$0.45||$0.45||$185.84 million||$185.20 million||View||N/A|
|2/14/2013||Q4 2012||$0.24||$0.36||$169.82 million||$177.20 million||View||N/A|
Altra Industrial Motion (NASDAQ:AIMC) Earnings Estimates
2018 EPS Consensus Estimate: $2.45
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Altra Industrial Motion (NASDAQ:AIMC) Dividend Information
|Payout Ratio:||38.20% (Trailing 12 Months of Earnings) |
27.98% (Based on This Year's Estimates)
25.28% (Based on Next Year's Estimates)
Altra Industrial Motion (NASDAQ:AIMC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Altra Industrial Motion (NASDAQ AIMC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 98.32%
Altra Industrial Motion (NASDAQ AIMC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/27/2017||Craig Schuele||VP||Sell||3,315||$50.00||$165,750.00||67,886|| |
|10/31/2017||Gerald P Ferris||VP||Sell||100||$47.99||$4,799.00||16,422|| |
|10/27/2017||Lipscomb S Michael||Director||Sell||25,000||$48.34||$1,208,500.00||15,848|| |
|10/18/2017||Craig Schuele||VP||Sell||1,685||$50.00||$84,250.00||71,201|| |
|9/15/2017||Carl R Christenson||Chairman||Sell||10,000||$47.00||$470,000.00||98,805|| |
|9/14/2017||Carl R Christenson||CEO||Sell||1,601||$47.00||$75,247.00||98,805|| |
|9/13/2017||Carl R Christenson||CEO||Sell||8,323||$47.00||$391,181.00||98,805|| |
|8/31/2017||Gerald P Ferris||VP||Sell||2,132||$46.00||$98,072.00||16,722|| |
|8/29/2017||Gerald P Ferris||VP||Sell||5,223||$46.00||$240,258.00||16,722|| |
|8/25/2017||Carl R Christenson||Chairman||Sell||10,000||$46.00||$460,000.00||98,805|| |
|8/21/2017||Gerald P Ferris||VP||Sell||15,000||$44.50||$667,500.00||16,722|| |
|8/18/2017||Glenn E Deegan||VP||Sell||1,825||$43.37||$79,150.25||41,419|| |
|8/1/2017||Lyle G Ganske||Director||Sell||10,000||$45.30||$453,000.00||11,493|| |
|6/2/2017||Carl R Christenson||Chairman||Sell||10,000||$44.00||$440,000.00||136,176|| |
|5/15/2017||Todd Patriacca||VP||Sell||1,000||$42.00||$42,000.00||29,371|| |
|5/3/2017||Carl R Christenson||Chairman||Sell||40,000||$43.32||$1,732,800.00||136,176|| |
|4/28/2017||Craig Schuele||VP||Sell||12,500||$42.02||$525,250.00||82,213|| |
|3/8/2017||Glenn E Deegan||VP||Sell||1,175||$39.69||$46,635.75||45,805|| |
|12/5/2016||Gerald P Ferris||VP||Sell||10,000||$36.00||$360,000.00||35,500|| |
|11/25/2016||Gerald P Ferris||VP||Sell||15,000||$35.40||$531,000.00||46,183|| |
|11/9/2016||Christian Storch||CFO||Sell||10,000||$30.75||$307,500.00||17,672|| |
|10/27/2016||Christian Storch||CFO||Sell||7,531||$29.46||$221,863.26||16,793|| |
|10/27/2016||Glenn E Deegan||VP||Sell||2,500||$29.01||$72,525.00||36,334|| |
|10/24/2016||Gerald P Ferris||VP||Sell||5,000||$30.00||$150,000.00||58,011|| |
|8/11/2016||Carl R Christenson||CEO||Sell||26,500||$28.63||$758,695.00||107,415|| |
|8/1/2016||James H Woodward Jr||Director||Sell||8,847||$28.34||$250,723.98||21,327|| |
|7/26/2016||Lyle G Ganske||Director||Sell||5,000||$28.63||$143,150.00||17,564|| |
|7/13/2016||Gerald P Ferris||VP||Sell||9,200||$29.00||$266,800.00||67,571|| |
|6/9/2016||Gerald P Ferris||VP||Sell||800||$29.00||$23,200.00||73,161|| |
|6/8/2016||Gerald P Ferris||VP||Sell||10,000||$28.33||$283,300.00||73,961|| |
|5/16/2016||Carl R Christenson||CEO||Sell||30,000||$27.35||$820,500.00||107,415|| |
|5/4/2016||Carl R Christenson||CEO||Sell||30,000||$28.26||$847,800.00||107,415|| |
|5/4/2016||Glenn E Deegan||VP||Sell||3,000||$28.39||$85,170.00||41,319|| |
|4/29/2016||Gerald P Ferris||VP||Sell||1,314||$30.00||$39,420.00||83,961|| |
|3/7/2016||Lyle G Ganske||Director||Sell||8,000||$25.44||$203,520.00||21,420|| |
|12/16/2015||James H Woodward Jr||Director||Sell||3,596||$25.68||$92,345.28||37,130|| |
|7/3/2014||Christian Storch||CFO||Sell||2,500||$37.52||$93,800.00|| |
|6/17/2014||Christian Storch||CFO||Sell||1,796||$36.50||$65,554.00|| |
|6/11/2014||Christian Storch||CFO||Sell||3,204||$36.39||$116,593.56|| |
|6/9/2014||Craig Schuele||VP||Sell||5,000||$37.00||$185,000.00|| |
|5/22/2014||Christian Storch||CFO||Sell||7,595||$33.23||$252,381.85||22,922|| |
|4/2/2014||Gerald Ferris||VP||Sell||2,500||$36.50||$91,250.00||77,467|| |
|3/14/2014||Lyle Ganske||Director||Sell||15,000||$35.10||$526,500.00||20,092|| |
|2/25/2014||Carl Christenson||CEO||Sell||25,000||$35.14||$878,500.00||453,812|| |
|11/21/2013||Michael Hurt||Chairman||Sell||15,693||$29.82||$467,965.26||23,457|| |
|5/31/2013||Larry Mcpherson||Director||Sell||6,956||$29.10||$202,419.60|| |
|5/28/2013||Gerald P Ferris||VP||Sell||7,500||$29.95||$224,625.00|| |
|5/17/2013||Gerald P Ferris||VP||Sell||2,500||$28.95||$72,375.00|| |
|5/10/2013||Michael L Hurt||Chairman||Sell||19,000||$27.56||$523,640.00|| |
Altra Industrial Motion (NASDAQ AIMC) News Headlines
Altra Industrial Motion (NASDAQ:AIMC) SEC Filings
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Altra Industrial Motion (NASDAQ:AIMC) Income Statement, Balance Sheet and Cash Flow Statement
Altra Industrial Motion (NASDAQ AIMC) Stock Chart for Saturday, March, 24, 2018