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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
NASDAQ:AIMC

Altra Industrial Motion - AIMC Stock Forecast, Price & News

$61.98
-0.01 (-0.02%)
(As of 03/24/2023 08:50 PM ET)
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Compare
Today's Range
$61.98
$62.01
50-Day Range
$60.11
$61.99
52-Week Range
$32.18
$62.01
Volume
1.84 million shs
Average Volume
1.26 million shs
Market Capitalization
$4.05 billion
P/E Ratio
31.95
Dividend Yield
0.58%
Price Target
$62.00

Altra Industrial Motion MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.0% Upside
$62.00 Price Target
Short Interest
Bearish
7.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Altra Industrial Motion in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.82%
From $3.40 to $3.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.45 out of 5 stars

Industrial Products Sector

168th out of 179 stocks

General Industrial Machinery, Industry

8th out of 10 stocks


AIMC stock logo

About Altra Industrial Motion (NASDAQ:AIMC) Stock

Altra Industrial Motion Corp. engages in the design, production, and marketing of electromechanical power transmission motion controls. It operates through the Power Transmission Technologies, and Automation and Specialty segments. The Power Transmission Technologies segment focuses on the production of couplings, clutches, and brakes, electromagnetic clutches and brakes, and gears. The Automation and Specialty segment consists of brands such as Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems (JVS). The company was founded in 2004 and is headquartered in Braintree, MA.

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AIMC Stock News Headlines

8-K: Altra Industrial Motion Corp.
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Altra Industrial Motion Closing Out On A Mixed Note
Altra Reaches New 52-Week High (AIMC)
First Week of AIMC October 20th Options Trading
AIMC.P - | Stock Price & Latest News | Reuters
Altra Stock Hits New 52-Week Low (AIMC)
Altra Stock Falls On Unusually High Volume (AIMC)
Regal Rexnord Corporation Announces Senior Notes Offering
Altra Stock Gaps Down On Today's Open (AIMC)
See More Headlines
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AIMC Company Calendar

Ex-Dividend for 1/3 Dividend
12/15/2022
Dividend Payable
1/03/2023
Last Earnings
3/02/2023
Ex-Dividend for 4/4 Dividend
3/15/2023
Today
3/27/2023
Dividend Payable
4/04/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:AIMC
CUSIP
02208R10
Employees
9,300
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$62.00
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+0.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$127 million
Pretax Margin
9.73%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$4.80 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
64,775,000
Market Cap
$4.05 billion
Optionable
Optionable
Beta
2.14

Social Links


Key Executives

  • Carl Richard ChristensonCarl Richard Christenson
    Chairman & Chief Executive Officer
  • Todd Brooks Patriacca
    CFO, Treasurer, Accounting Officer & EVP
  • Craig Schuele
    Executive VP-Marketing & Business Development
  • Glenn Edward Deegan
    Secretary, Chief Legal & Human Resources Officer













AIMC Stock - Frequently Asked Questions

Should I buy or sell Altra Industrial Motion stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altra Industrial Motion in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AIMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIMC, but not buy additional shares or sell existing shares.
View AIMC analyst ratings
or view top-rated stocks.

What is Altra Industrial Motion's stock price forecast for 2023?

3 analysts have issued 1 year price targets for Altra Industrial Motion's stock. Their AIMC share price forecasts range from $62.00 to $62.00. On average, they expect the company's share price to reach $62.00 in the next year. This suggests a possible upside of 0.0% from the stock's current price.
View analysts price targets for AIMC
or view top-rated stocks among Wall Street analysts.

How have AIMC shares performed in 2023?

Altra Industrial Motion's stock was trading at $59.75 at the beginning of 2023. Since then, AIMC shares have increased by 3.7% and is now trading at $61.98.
View the best growth stocks for 2023 here
.

When is Altra Industrial Motion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our AIMC earnings forecast
.

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) released its earnings results on Thursday, March, 2nd. The industrial products company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.74 by $0.01. The industrial products company earned $469.40 million during the quarter, compared to analysts' expectations of $463.23 million. Altra Industrial Motion had a trailing twelve-month return on equity of 10.93% and a net margin of 6.53%. The company's revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.67 earnings per share.

How often does Altra Industrial Motion pay dividends? What is the dividend yield for Altra Industrial Motion?

Altra Industrial Motion declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Thursday, March 16th will be given a dividend of $0.09 per share on Tuesday, April 4th. This represents a $0.36 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, March 15th.
Read our dividend analysis for AIMC
.

Is Altra Industrial Motion a good dividend stock?

Altra Industrial Motion (NASDAQ:AIMC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.58%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIMC will have a dividend payout ratio of 9.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIMC.

What is Carl R. Christenson's approval rating as Altra Industrial Motion's CEO?

14 employees have rated Altra Industrial Motion Chief Executive Officer Carl R. Christenson on Glassdoor.com. Carl R. Christenson has an approval rating of 100% among the company's employees. This puts Carl R. Christenson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Altra Industrial Motion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altra Industrial Motion investors own include Pfizer (PFE), Advanced Micro Devices (AMD), OPKO Health (OPK), Fortive (FTV), Corning (GLW), Applied Materials (AMAT), Ampio Pharmaceuticals (AMPE), Berry Global Group (BERY), Eastman Chemical (EMN) and Louisiana-Pacific (LPX).

What is Altra Industrial Motion's stock symbol?

Altra Industrial Motion trades on the NASDAQ under the ticker symbol "AIMC."

Who are Altra Industrial Motion's major shareholders?

Altra Industrial Motion's stock is owned by a number of retail and institutional investors. Top institutional investors include Alpine Associates Management Inc. (4.24%), Macquarie Group Ltd. (3.37%), Soros Fund Management LLC (3.07%), Dimensional Fund Advisors LP (2.99%), Geode Capital Management LLC (1.90%) and Boston Partners (1.90%). Insiders that own company stock include Carl R Christenson, Christian Storch, Craig Schuele, Glenn E Deegan, James H Woodward Jr, Lyle G Ganske and Todd Patriacca.
View institutional ownership trends
.

How do I buy shares of Altra Industrial Motion?

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

What is Altra Industrial Motion's stock price today?

One share of AIMC stock can currently be purchased for approximately $61.98.

How much money does Altra Industrial Motion make?

Altra Industrial Motion (NASDAQ:AIMC) has a market capitalization of $4.05 billion and generates $1.95 billion in revenue each year. The industrial products company earns $127 million in net income (profit) each year or $1.94 on an earnings per share basis.

How many employees does Altra Industrial Motion have?

The company employs 9,300 workers across the globe.

Does Altra Industrial Motion have any subsidiaries?
The following companies are subsidiares of Altra Industrial Motion: A&S Industry Technology (Tianjin) Co. Ltd., ABEK LLC, API Harowe (St. Kitts) Ltd., AS Motion Asiapac Holding Ltd., AS Motion Hong Kong Ltd., AS Motion International B.V., AS Motion LLC, AS Motion North America Inc., AT Business Systems LLC, Altra Industrial Motion (ShenZhen) Co. Ltd., Altra Industrial Motion (Thailand) Ltd., Altra Industrial Motion Australia Pty. Ltd., Altra Industrial Motion Denmark ApS, Altra Industrial Motion Germany GmbH, Altra Industrial Motion Hong Kong Limited, Altra Industrial Motion India Private Ltd., Altra Industrial Motion International Holding LLC, Altra Industrial Motion Netherlands B.V., Altra Industrial Motion Russia OOO, Altra Industrial Motion Singapore Pte. Ltd., Altra Industrial Motion South Africa (Pty.) Ltd., Altra Industrial Motion Switzerland Sarl, Altra Industrial Motion Taiwan Ltd., Altra Industrial Motion UK Holding Ltd., Altra Industrial Motion UK Ltd., Altra Industrial Motion do Brasil Equipamentos Industriais Ltda., Aluminium Die Casting S.r.L., American Precision Industries Inc., Ameridrives International LLC, Ball Screws and Actuators Co. Inc., Bauer Gear Motor Europe GmbH, Bauer Gear Motor Finland Oy Ab, Bauer Gear Motor GmbH, Bauer Gear Motor LLC, Bauer Gear Motor Ltd., Bauer Gear Motor Slovakia s.r.o., Bibby Transmissions Ltd., Boston Gear LLC, Elsim Elektroteknik Sistemler Sanayi ve Ticaret A.S., Formsprag LLC, Fortive - Automation & Specialty Business, G&L Motion Control Inc., Guardian Couplings LLC, Heat Transfer Guarantee Co. LLC, Huco Engineering Industries Ltd., Industrial Blaju S.A. de C.V., Inertia Dynamics LLC, Jacobs (Suzhou) Vehicle Systems Co. Ltd., Jacobs Vehicle Systems Europe s.r.o., Jacobs Vehicle Systems Inc., KOLLMORGEN Europe GmbH, Kilian Canada ULC, Kilian Manufacturing Corporation, Kollmorgen Automation AB, Kollmorgen Corporation, Kollmorgen s.r.l., Kollmorgen s.r.o., Matrix International GmbH, Matrix International Ltd., Motion Engineering Incorporated, Nuttall Gear LLC, PacSci Motion Control Inc., Portescap Co. Ltd., Portescap India Private Limited, Portescap S.A., Portescap Singapore Pte. Ltd., Portescap U.S. Inc., S.B. Patent Holding ApS, Stevens Holding Company Inc., Stieber GmbH, Stromag, Stromag Dessau GmbH, Stromag France SAS, Stromag GmbH, Stromag Holding GmbH, Stromag Holding SAS, Svendborg Brakes ApS, Svendborg Brakes Australia Pty. Ltd., Svendborg Brakes Chile Ltd., Svendborg Brakes Espana S.A., Svendborg Brakes India Ltd., Svendborg Brakes Korea Co. Ltd., Svendborg Brakes Peru S.A.C., Svendborg Brakes Shanghai Co. Ltd., Svendborg Brakes Trading (Shanghai) Co. Ltd., Svendborg Brakes USA LLC, T.B. Wood’s Canada Ltd., TB Wood’s Corporation, TB Wood’s Incorporated, TGA Motion AB, TOLLO LINEAR AB, Thomson Industries Inc., Thomson Industries S. de R.L. de C.V., Thomson Linear LLC, Thomson Neff Industries GmbH, Twiflex Ltd., Warner Electric (Holding) SAS, Warner Electric (Neth) Holding B.V., Warner Electric Europe SAS, Warner Electric LLC, Warner Electric Technology LLC, and Wermex Corporation.
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How can I contact Altra Industrial Motion?

Altra Industrial Motion's mailing address is 300 GRANITE STREET SUITE 201, BRAINTREE MA, 02184. The official website for the company is www.altramotion.com. The industrial products company can be reached via phone at (781) 917-0600, via email at ir@altramotion.com, or via fax at 781-843-0709.

This page (NASDAQ:AIMC) was last updated on 3/27/2023 by MarketBeat.com Staff