NASDAQ:AIMC - Altra Industrial Motion Stock Price, Forecast & News

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

Altra Industrial Motion announced a quarterly dividend on Tuesday, February 11th. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.17 per share on Thursday, April 2nd. This represents a $0.68 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Tuesday, March 17th. View Altra Industrial Motion's Dividend History.

Altra Industrial Motion Corp (NASDAQ:AIMC) issued its quarterly earnings results on Thursday, February, 13th. The industrial products company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. The industrial products company earned $441.90 million during the quarter, compared to the consensus estimate of $440.80 million. Altra Industrial Motion had a net margin of 6.94% and a return on equity of 9.83%. The company's revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.65 earnings per share. View Altra Industrial Motion's Earnings History.

Altra Industrial Motion is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Altra Industrial Motion.

Altra Industrial Motion updated its FY20 earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.72. The company issued revenue guidance of $1720-1770 million, compared to the consensus revenue estimate of $1.77 billion.

3 brokers have issued 1 year price targets for Altra Industrial Motion's stock. Their forecasts range from $45.00 to $49.00. On average, they expect Altra Industrial Motion's share price to reach $46.67 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price. View Analyst Price Targets for Altra Industrial Motion.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altra Industrial Motion in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altra Industrial Motion.

Headlines about AIMC stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altra Industrial Motion earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Altra Industrial Motion.

Some companies that are related to Altra Industrial Motion include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altra Industrial Motion investors own include Verizon Communications (VZ), Applied Materials (AMAT), Nabriva Therapeutics (NBRV), Bank Of The Ozarks (OZRK), Aduro BioTech (ADRO), Agile Therapeutics (AGRX), Advanced Micro Devices (AMD), NVIDIA (NVDA), Yamana Gold (AUY) and Alibaba Group (BABA).

Altra Industrial Motion's stock is owned by many different of retail and institutional investors. Top institutional investors include Thrivent Financial for Lutherans (4.59%), Champlain Investment Partners LLC (4.42%), Earnest Partners LLC (3.66%), Victory Capital Management Inc. (2.36%), Victory Capital Management Inc. (2.34%) and State Street Corp (2.03%). Company insiders that own Altra Industrial Motion stock include Carl R Christenson, Christian Storch, James H Woodward Jr, Larry Mcpherson, Lipscomb S Michael and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion.

AIMC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Alliancebernstein L.P., Ceredex Value Advisors LLC, Keeley Teton Advisors LLC, Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., Russell Investments Group Ltd. and Stifel Financial Corp. Company insiders that have sold Altra Industrial Motion company stock in the last year include Christian Storch and Larry Mcpherson. View Insider Buying and Selling for Altra Industrial Motion.

AIMC stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Earnest Partners LLC, Champlain Investment Partners LLC, Marshall Wace North America L.P., Palisade Capital Management LLC NJ, Thrivent Financial for Lutherans and Goldman Sachs Group Inc.. Company insiders that have bought Altra Industrial Motion stock in the last two years include Carl R Christenson and Lipscomb S Michael. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of AIMC stock can currently be purchased for approximately $34.20.

Altra Industrial Motion has a market capitalization of $2.21 billion and generates $1.83 billion in revenue each year. The industrial products company earns $127.20 million in net income (profit) each year or $2.86 on an earnings per share basis. Altra Industrial Motion employs 9,300 workers across the globe.View Additional Information About Altra Industrial Motion.

The official website for Altra Industrial Motion is http://www.altramotion.com/.

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.