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Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The single greatest medical breakthrough of all time? (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Why Your IRA Could Crash on January 16th? (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Why Your IRA Could Crash on January 16th? (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The single greatest medical breakthrough of all time? (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Why Your IRA Could Crash on January 16th? (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Why Your IRA Could Crash on January 16th? (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The single greatest medical breakthrough of all time? (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Why Your IRA Could Crash on January 16th? (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Why Your IRA Could Crash on January 16th? (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
NASDAQ:AIMC

Altra Industrial Motion - AIMC Stock Forecast, Price & News

$59.46
+0.05 (+0.08%)
(As of 12/7/2022 12:00 AM ET)
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Compare
Today's Range
$59.36
$59.69
50-Day Range
$33.62
$60.14
52-Week Range
$32.18
$60.44
Volume
806,261 shs
Average Volume
463,907 shs
Market Capitalization
$3.87 billion
P/E Ratio
237.85
Dividend Yield
0.61%
Price Target
$56.67

Altra Industrial Motion MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.7% Downside
$56.67 Price Target
Short Interest
Healthy
2.43% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.00%
From $3.20 to $3.36 Per Share

Overall MarketRank

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

1.23 out of 5 stars

Industrial Products Sector

172nd out of 174 stocks

General Industrial Machinery, Industry

11th out of 11 stocks

AIMC stock logo

About Altra Industrial Motion (NASDAQ:AIMC) Stock

Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. It operates in two segments, Power Transmission Technologies (PTT) and Automation & Specialty (A&S). The PTT segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, universal joints, mill spindles, and shaft locking devices under the Ameridrives, Bibby, Guardian, Huco, Lamiflex, Stromag, and TB Wood's brands; clutches and brakes under the Industrial Clutch, Formsprag, Stieber, Stromag, Svendborg, Twiflex, and Wichita brands; electromagnetic clutches and brakes under the Inertia Dynamics, Matrix, Stromag, and Warner Electric brands; and gears under the Bauer Gear Motor, Boston Gear, Delroyd, and Nuttall brands. The A&S segment provides rotary precision motion solutions, including servo and stepper motors, precision linear actuators, and electronic drives and motion controllers, as well as related software under the Kollmorgen brand; and miniature motors, and motion control products, such as brush and brushless DC, can stack, and disc magnet motors under the Portescap brand. This segment also offers linear bearings, guides, glides, lead and ball screws, industrial linear actuators, resolvers, and inductors for the transition of rotary motion to linear motion under the Thomson brand. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.

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AIMC Stock News Headlines

Why Is Ingersoll (IR) Up 5.7% Since Last Earnings Report?
Altra Industrial Motion: Merger Spread Is Attractive
Altra Industrial Motion Q3 Adj. Profit Misses Estimates
Altra Reports Third Quarter 2022 Results
ALTRA INDUSTRIAL INVESTOR ALERT by the Former...
Altra Industrial Motion Becomes Oversold
AIMC Altra Industrial Motion Corp.
See More Headlines
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AIMC Company Calendar

Ex-Dividend for 10/4 Dividend
9/15/2022
Dividend Payable
10/04/2022
Last Earnings
11/03/2022
Today
12/08/2022
Ex-Dividend for 1/3 Dividend
12/15/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:AIMC
CUSIP
02208R10
Employees
9,600
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$56.67
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
-4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$27.70 million
Pretax Margin
0.90%

Debt

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$5.22 per share
Book Value
$30.58 per share

Miscellaneous

Free Float
64,589,000
Market Cap
$3.87 billion
Optionable
Optionable
Beta
2.25

Social Links


Key Executives

  • Mr. Carl R. ChristensonMr. Carl R. Christenson (Age 62)
    Chairman & CEO
    Comp: $2.41M
  • Mr. Todd B. Patriacca (Age 52)
    Exec. VP, CFO & Treasurer
    Comp: $523.02k
  • Mr. Glenn E. Deegan Esq.Mr. Glenn E. Deegan Esq. (Age 55)
    Chief Legal & HR Officer
    Comp: $778.1k
  • Mr. Craig Schuele (Age 58)
    Exec. VP of Marketing & Bus. Devel.
    Comp: $589.49k













AIMC Stock - Frequently Asked Questions

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

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

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

2 Wall Street analysts have issued twelve-month price objectives for Altra Industrial Motion's stock. Their AIMC share price forecasts range from $50.00 to $62.00. On average, they predict the company's stock price to reach $56.67 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for AIMC
or view top-rated stocks among Wall Street analysts.

How have AIMC shares performed in 2022?

Altra Industrial Motion's stock was trading at $51.57 at the beginning of the year. Since then, AIMC shares have increased by 15.3% and is now trading at $59.46.
View the best growth stocks for 2022 here
.

When is Altra Industrial Motion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our AIMC earnings forecast
.

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) announced its earnings results on Thursday, November, 3rd. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.01. The industrial products company earned $466.30 million during the quarter, compared to the consensus estimate of $466.43 million. Altra Industrial Motion had a net margin of 0.87% and a trailing twelve-month return on equity of 10.73%. The firm's revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 EPS.

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 Wednesday, November 2nd. Investors of record on Friday, December 16th will be given a dividend of $0.09 per share on Tuesday, January 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, December 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 0.61%. 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 144.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AIMC will have a dividend payout ratio of 10.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIMC.

What guidance has Altra Industrial Motion issued on next quarter's earnings?

Altra Industrial Motion updated its third quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $466.30 million-$466.30 million, compared to the consensus revenue estimate of $471.05 million.

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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.40%), BlackRock Inc. (8.96%), Boston Partners (5.05%), Macquarie Group Ltd. (3.97%), Victory Capital Management Inc. (2.91%) and Dimensional Fund Advisors LP (2.86%). 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 $59.46.

How much money does Altra Industrial Motion make?

Altra Industrial Motion (NASDAQ:AIMC) has a market capitalization of $3.87 billion and generates $1.90 billion in revenue each year. The industrial products company earns $27.70 million in net income (profit) each year or $0.25 on an earnings per share basis.

How many employees does Altra Industrial Motion have?

The company employs 9,600 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 12/8/2022 by MarketBeat.com Staff