Altra Industrial Motion Corp. Company Profile (NASDAQ:AIMC)

About Altra Industrial Motion Corp. (NASDAQ:AIMC)

Altra Industrial Motion Corp. logoAltra 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:
  • Sector: Industrial Products
  • Industry: Industrial Machinery
  • Sub-Industry: Industrial Machinery
  • Symbol: NASDAQ:AIMC
  • CUSIP: 02208R10
  • Web: www.altramotion.com
Capitalization:
  • Market Cap: $1.41709 billion
  • Outstanding Shares: 29,309,000
Average Prices:
  • 50 Day Moving Avg: $47.38
  • 200 Day Moving Avg: $43.18
  • 52 Week Range: $28.85 - $50.00
P/E:
  • Trailing P/E Ratio: 40.43
  • Foreward P/E Ratio: 21.21
  • P/E Growth: 1.60
Sales & Book Value:
  • Annual Revenue: $784.57 million
  • Price / Sales: 1.81
  • Book Value: $12.72 per share
  • Price / Book: 3.80
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: $110.94 million
  • Net Margins: 4.17%
  • Return on Equity: 16.50%
  • Return on Assets: 6.29%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 2.75%
  • Quick Ratio: 1.68%
Misc:
  • Average Volume: 185,245 shs.
  • Beta: 1.67
  • Short Ratio: 3.99
 

Frequently Asked Questions for Altra Industrial Motion Corp. (NASDAQ:AIMC)

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. announced a quarterly dividend on Thursday, October 19th. Stockholders of record on Monday, December 18th will be given a dividend of $0.17 per share on Wednesday, January 3rd. This represents a $0.68 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, December 15th. View Altra Industrial Motion Corp.'s Dividend History.

How were Altra Industrial Motion Corp.'s earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) posted its quarterly earnings results on Friday, October, 20th. The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. The business had revenue of $214.60 million for the quarter, compared to analyst estimates of $210.79 million. Altra Industrial Motion Corp. had a return on equity of 16.50% and a net margin of 4.17%. The company's quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. View Altra Industrial Motion Corp.'s Earnings History.

When will Altra Industrial Motion Corp. make its next earnings announcement?

Altra Industrial Motion Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 26th 2018. View Earnings Estimates for Altra Industrial Motion Corp..

Where is Altra Industrial Motion Corp.'s stock going? Where will Altra Industrial Motion Corp.'s stock price be in 2017?

5 brokers have issued 1-year price targets for Altra Industrial Motion Corp.'s stock. Their predictions range from $40.00 to $53.00. On average, they anticipate Altra Industrial Motion Corp.'s share price to reach $48.50 in the next year. View Analyst Ratings for Altra Industrial Motion Corp..

What are analysts saying about Altra Industrial Motion Corp. stock?

Here are some recent quotes from research analysts about Altra Industrial Motion Corp. stock:

  • 1. According to Zacks Investment Research, "Over the last six months, Altra Industrial's shares have outperformed the industry. We believe that the company holds solid potential for organic and inorganic growth. For instance, the Stromag acquisition (completed in January) is predicted to be earnings accretive in 2017. Also, the company has been progressing well on its restructuring and cost-saving strategies. For 2017, the company increased its revenue guidance to $850-$865 million from the earlier projection of $840-$855 million. Non-GAAP earnings are anticipated to be $1.95-$2.05 per share, up from $1.83-$1.93 predicted earlier." (10/5/2017)
  • 2. 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)

Who are some of Altra Industrial Motion Corp.'s key competitors?

Who are Altra Industrial Motion Corp.'s key executives?

Altra Industrial Motion Corp.'s management team includes the folowing people:

  • Carl R. Christenson, Chairman of the Board, Chief Executive Officer
  • Christian Storch, Vice President, Chief Financial Officer
  • Todd B. Patriacca, Vice President - Finance, Corporate Controller, Treasurer
  • Craig Schuele, Vice President - Marketing and Business Development
  • Glenn E. Deegan, Vice President - Legal and Human Resources, General Counsel, Secretary
  • Gerald P. Ferris, Vice President - Global Sales
  • Edmund M. Carpenter, Lead Independent Director
  • James H. Woodward Jr., Director
  • Lyle G. Ganske, Independent Director
  • Michael S. Lipscomb, Independent Director

Who owns Altra Industrial Motion Corp. stock?

Altra Industrial Motion Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Mutual of America Capital Management LLC (0.27%), Shell Asset Management Co. (0.27%) and LAZARD ASSET MANAGEMENT LLC (0.09%). Company insiders that own Altra Industrial Motion Corp. stock include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr, Lyle G Ganske and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion Corp..

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 Mutual of America Capital Management LLC. Company insiders that have sold Altra Industrial Motion Corp. stock in the last year include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, Lyle G Ganske and Todd Patriacca. View Insider Buying and Selling for Altra Industrial Motion Corp..

Who bought Altra Industrial Motion Corp. stock? Who is buying Altra Industrial Motion Corp. stock?

Altra Industrial Motion Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co.. View Insider Buying and Selling for Altra Industrial Motion 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.

What is Altra Industrial Motion Corp.'s stock price today?

One share of Altra Industrial Motion Corp. stock can currently be purchased for approximately $48.35.


MarketBeat Community Rating for Altra Industrial Motion Corp. (NASDAQ AIMC)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  290
MarketBeat's community ratings are surveys of what our community members think about Altra Industrial Motion Corp. 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.

Analyst Ratings

Consensus Ratings for Altra Industrial Motion Corp. (NASDAQ:AIMC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $48.50 (0.31% upside)
Consensus Price Target History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Price Target History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Analysts' Ratings History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2017SidotiDowngradeBuy -> Neutral$53.00N/AView Rating Details
10/4/2017Robert W. BairdReiterated RatingHold$48.00HighView Rating Details
9/6/2017BMO Capital MarketsReiterated RatingBuy$53.00LowView Rating Details
5/8/2017Jefferies Group LLCBoost Price TargetHold$38.00 -> $40.00LowView Rating Details
10/24/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Earnings by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Earnings History by Quarter for Altra Industrial Motion Corp. (NASDAQ AIMC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/26/2018        
10/20/2017Q3 2017$0.46$0.48$210.79 million$214.60 millionViewN/AView Earnings Details
7/25/2017Q2 2017$0.50$0.57$219.15 million$223.35 millionViewN/AView Earnings Details
4/28/2017Q1 2017$0.40$0.53$209.55 million$215.40 millionViewN/AView Earnings Details
2/27/2017Q416$0.34$0.41$170.32 million$172.65 millionViewListenView Earnings Details
10/21/2016Q316$0.35$0.35$175.10 million$173.10 millionViewListenView Earnings Details
7/21/2016Q216$0.38$0.42$183.38 million$182.70 millionViewListenView Earnings Details
4/29/2016Q1$0.33$0.38$175.60 million$180.50 millionViewListenView Earnings Details
2/17/2016Q415$0.34$0.36$175.11 million$173.60 millionViewListenView Earnings Details
10/23/2015Q315$0.40$0.43$187.50 million$183.10 millionViewListenView Earnings Details
7/23/2015Q215$0.43$0.43$196.23 million$196.60 millionViewListenView Earnings Details
4/30/2015Q115$0.40$0.42$195.48 million$193.40 millionViewN/AView Earnings Details
2/18/2015Q414$0.38$0.42$194.72 million$192.00 millionViewN/AView Earnings Details
10/24/2014Q314$0.43$0.45$200.30 million$202.50 millionViewListenView Earnings Details
7/24/2014Q214$0.49$0.48$208.90 million$215.20 millionViewListenView Earnings Details
4/25/2014Q114$0.50$0.48$210.08 million$210.10 millionViewListenView Earnings Details
2/19/2014Q413$0.38$0.38$176.42 million$180.50 millionViewListenView Earnings Details
10/24/2013Q313$0.37$0.40$175.12 million$175.40 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.48$0.41$188.71 million$181.10 millionViewN/AView Earnings Details
4/26/2013Q1 2013$0.45$0.45$185.84 million$185.20 millionViewN/AView Earnings Details
2/14/2013Q4 2012$0.24$0.36$169.82 million$177.20 millionViewN/AView Earnings Details
10/25/2012$0.32$0.34ViewN/AView Earnings Details
7/27/2012$0.41$0.42ViewN/AView Earnings Details
4/27/2012$0.37$0.39ViewN/AView Earnings Details
2/16/2012$0.33$0.24ViewN/AView Earnings Details
11/1/2011$0.32$0.46ViewN/AView Earnings Details
8/8/2011$0.42$0.34ViewN/AView Earnings Details
4/26/2011$0.33$0.40ViewN/AView Earnings Details
2/28/2011$0.22$0.24ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Altra Industrial Motion Corp. (NASDAQ:AIMC)
2017 EPS Consensus Estimate: $1.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.37$0.41$0.39
Q2 20172$0.50$0.53$0.52
Q3 20172$0.44$0.46$0.45
Q4 20172$0.47$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Next Dividend:1/3/2018
Annual Dividend:$0.68
Dividend Yield:1.41%
Payout Ratio:48.23% (Trailing 12 Months of Earnings)
33.50% (Based on This Year's Estimates)
29.82% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)

Dividend History by Quarter for Altra Industrial Motion Corp. (NASDAQ AIMC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/19/2017quarterly$0.171.38%12/15/201712/18/20171/3/2018
7/21/2017Quarterly$0.171.74%9/15/20179/18/201710/3/2017
4/27/2017quarterly$0.171.7%6/14/20176/16/20177/6/2017
2/28/2017quarterly$0.151.54%3/15/20173/17/20174/4/2017
10/20/2016quarterly$0.152.13%12/15/201612/19/20161/4/2017
7/21/2016quarterly$0.152.14%9/15/20169/19/201610/4/2016
4/29/2016quarterly$0.152.09%6/15/20166/17/20167/5/2016
2/12/2016quarterly$0.152.74%3/16/20163/18/20164/4/2016
10/22/2015quarterly$0.152.4%12/16/201512/18/20151/4/2016
7/23/2015quarterly$0.152.35%9/16/20159/18/201510/2/2015
5/1/2015quarterly$0.152.17%6/16/20156/18/20157/2/2015
2/13/2015quarterly$0.121.72%3/16/20153/18/20154/2/2015
10/22/2014quarterly$0.121.63%12/16/201412/18/20141/2/2015
7/23/2014quarterly$0.121.33%9/16/20149/18/201410/2/2014
4/24/2014quarterly$0.121.38%6/16/20146/18/20147/2/2014
2/12/2014quarterly$0.101.18%3/14/20143/18/20144/3/2014
10/29/2013quarterly$0.101.3%12/16/201312/18/20131/3/2014
7/24/2013quarterly$0.101.33%9/16/20139/18/201310/2/2013
4/25/2013quarterly$0.101.56%6/14/20136/18/20137/2/2013
2/12/2013quarterly$0.081.28%3/14/20133/18/20134/3/2013
12/4/2012quarterly$0.0612/17/201212/26/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 98.31%
Insider Trades by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Institutional Ownership by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Insider Trades by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/18/2017Craig SchueleVPSell1,685$50.00$84,250.00View SEC Filing  
9/15/2017Carl R ChristensonChairmanSell10,000$47.00$470,000.00View SEC Filing  
9/14/2017Carl R ChristensonCEOSell1,601$47.00$75,247.00View SEC Filing  
9/13/2017Carl R ChristensonCEOSell8,323$47.00$391,181.00View SEC Filing  
8/31/2017Gerald P FerrisVPSell2,132$46.00$98,072.00View SEC Filing  
8/29/2017Gerald P FerrisVPSell5,223$46.00$240,258.00View SEC Filing  
8/25/2017Carl R ChristensonChairmanSell10,000$46.00$460,000.00View SEC Filing  
8/21/2017Gerald P FerrisVPSell15,000$44.50$667,500.00View SEC Filing  
8/18/2017Glenn E DeeganVPSell1,825$43.37$79,150.25View SEC Filing  
8/1/2017Lyle G GanskeDirectorSell10,000$45.30$453,000.00View SEC Filing  
6/2/2017Carl R ChristensonChairmanSell10,000$44.00$440,000.00View SEC Filing  
5/15/2017Todd PatriaccaVPSell1,000$42.00$42,000.00View SEC Filing  
5/3/2017Carl R ChristensonChairmanSell40,000$43.32$1,732,800.00View SEC Filing  
4/28/2017Craig SchueleVPSell12,500$42.02$525,250.00View SEC Filing  
3/8/2017Glenn E DeeganVPSell1,175$39.69$46,635.75View SEC Filing  
12/5/2016Gerald P FerrisVPSell10,000$36.00$360,000.00View SEC Filing  
11/25/2016Gerald P FerrisVPSell15,000$35.40$531,000.00View SEC Filing  
11/9/2016Christian StorchCFOSell10,000$30.75$307,500.00View SEC Filing  
10/27/2016Christian StorchCFOSell7,531$29.46$221,863.26View SEC Filing  
10/27/2016Glenn E DeeganVPSell2,500$29.01$72,525.00View SEC Filing  
10/24/2016Gerald P FerrisVPSell5,000$30.00$150,000.00View SEC Filing  
8/11/2016Carl R ChristensonCEOSell26,500$28.63$758,695.00View SEC Filing  
8/1/2016James H Woodward JrDirectorSell8,847$28.34$250,723.98View SEC Filing  
7/26/2016Lyle G GanskeDirectorSell5,000$28.63$143,150.00View SEC Filing  
7/13/2016Gerald P FerrisVPSell9,200$29.00$266,800.00View SEC Filing  
6/9/2016Gerald P FerrisVPSell800$29.00$23,200.00View SEC Filing  
6/8/2016Gerald P FerrisVPSell10,000$28.33$283,300.00View SEC Filing  
5/16/2016Carl R ChristensonCEOSell30,000$27.35$820,500.00View SEC Filing  
5/4/2016Carl R ChristensonCEOSell30,000$28.26$847,800.00View SEC Filing  
5/4/2016Glenn E DeeganVPSell3,000$28.39$85,170.00View SEC Filing  
4/29/2016Gerald P FerrisVPSell1,314$30.00$39,420.00View SEC Filing  
3/7/2016Lyle G GanskeDirectorSell8,000$25.44$203,520.00View SEC Filing  
12/16/2015James H Woodward JrDirectorSell3,596$25.68$92,345.28View SEC Filing  
7/3/2014Christian StorchCFOSell2,500$37.52$93,800.00View SEC Filing  
6/17/2014Christian StorchCFOSell1,796$36.50$65,554.00View SEC Filing  
6/11/2014Christian StorchCFOSell3,204$36.39$116,593.56View SEC Filing  
6/9/2014Craig SchueleVPSell5,000$37.00$185,000.00View SEC Filing  
5/22/2014Christian StorchCFOSell7,595$33.23$252,381.85View SEC Filing  
4/2/2014Gerald FerrisVPSell2,500$36.50$91,250.00View SEC Filing  
3/14/2014Lyle GanskeDirectorSell15,000$35.10$526,500.00View SEC Filing  
2/25/2014Carl ChristensonCEOSell25,000$35.14$878,500.00View SEC Filing  
11/21/2013Michael HurtChairmanSell15,693$29.82$467,965.26View SEC Filing  
5/31/2013Larry McphersonDirectorSell6,956$29.10$202,419.60View SEC Filing  
5/28/2013Gerald P FerrisVPSell7,500$29.95$224,625.00View SEC Filing  
5/17/2013Gerald P FerrisVPSell2,500$28.95$72,375.00View SEC Filing  
5/10/2013Michael L HurtChairmanSell19,000$27.56$523,640.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Chart

Altra Industrial Motion Corp. (AIMC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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