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

$34.70
-0.78 (-2.20 %)
(As of 12/15/2019 01:02 PM ET)
Today's Range
$34.37
Now: $34.70
$35.40
50-Day Range
$29.47
MA: $32.86
$35.49
52-Week Range
$23.52
Now: $34.70
$38.15
Volume421,599 shs
Average Volume286,409 shs
Market Capitalization$2.24 billion
P/E Ratio12.13
Dividend Yield1.92%
Beta1.96
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in motion related applications, and high-volume manufacturing and non-manufacturing processes worldwide. It operates in two segments, Power Transmission Technologies and Automation & Specialty. The Power Transmission Technologies segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, 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. Read More…

Industry, Sector and Symbol

Industry General industrial machinery,
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:AIMC
CUSIP02208R10
Phone781-917-0600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.18 billion
Cash Flow$2.76 per share
Book Value$28.68 per share

Profitability

Net Income$35.34 million

Miscellaneous

Employees9,300
Market Cap$2.24 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Wednesday, December 18th will be given a dividend of $0.17 per share on Friday, January 3rd. This represents a $0.68 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Tuesday, December 17th. View Altra Industrial Motion's Dividend History.

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp (NASDAQ:AIMC) posted its quarterly earnings results on Thursday, October, 24th. The industrial products company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.66 by $0.03. The industrial products company earned $442.90 million during the quarter, compared to analysts' expectations of $443.70 million. Altra Industrial Motion had a return on equity of 9.83% and a net margin of 4.56%. The company's quarterly revenue was up 93.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS. View Altra Industrial Motion's Earnings History.

When is Altra Industrial Motion's next earnings date?

Altra Industrial Motion is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Altra Industrial Motion.

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

Altra Industrial Motion issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $2.77-2.83 for the period, compared to the Thomson Reuters consensus estimate of $2.84. The company issued revenue guidance of $1.827-1.837 billion, compared to the consensus revenue estimate of $1.84 billion.

What price target have analysts set for AIMC?

3 Wall Street analysts have issued 1-year price objectives for Altra Industrial Motion's shares. 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 34.5% from the stock's current price. View Analyst Price Targets for Altra Industrial Motion.

What is the consensus analysts' recommendation 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.

Has Altra Industrial Motion been receiving favorable news coverage?

Media headlines about AIMC stock have been trending somewhat negative on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altra Industrial Motion earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Altra Industrial Motion.

Are investors shorting Altra Industrial Motion?

Altra Industrial Motion saw a decrease in short interest during the month of November. As of November 29th, there was short interest totalling 1,530,000 shares, a decrease of 13.1% from the November 14th total of 1,760,000 shares. Based on an average trading volume of 397,600 shares, the short-interest ratio is currently 3.8 days. Currently, 2.4% of the company's stock are sold short. View Altra Industrial Motion's Current Options Chain.

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

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 Bank Of The Ozarks (OZRK), Alibaba Group (BABA), iRobot (IRBT), Applied Materials (AMAT), Appian (APPN), Comcast (CMCSA), Five Below (FIVE), LPL Financial (LPLA), NVIDIA (NVDA) and Zscaler (ZS).

Who are Altra Industrial Motion's key executives?

Altra Industrial Motion's management team includes the folowing people:
  • Mr. Carl R. Christenson, Chairman & CEO (Age 59)
  • Mr. Christian Storch, VP & CFO (Age 59)
  • Mr. Todd B. Patriacca, Chief Accounting Officer, VP of Fin., Corp. Controller & Treasurer (Age 49)
  • Mr. Glenn E. Deegan, VP of Legal & HR, Gen. Counsel and Sec. (Age 52)
  • Mr. Craig Schuele, VP of Marketing & Bus. Devel. (Age 55)

Who are Altra Industrial Motion's major shareholders?

Altra Industrial Motion's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.00%), Voya Investment Management LLC (0.98%), Systematic Financial Management LP (0.79%), Keeley Teton Advisors LLC (0.56%), Eagle Asset Management Inc. (0.48%) and California Public Employees Retirement System (0.33%). Company insiders that own Altra Industrial Motion stock include Carl R Christenson, Christian Storch, Craig Schuele, James H Woodward Jr, Larry Mcpherson, Lipscomb S Michael and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion.

Which major investors are selling Altra Industrial Motion stock?

AIMC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Keeley Teton Advisors LLC, Envestnet Asset Management Inc. and SG Americas Securities LLC. 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.

Which major investors are buying Altra Industrial Motion stock?

AIMC stock was purchased by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Millennium Management LLC, State of New Jersey Common Pension Fund D, Stifel Financial Corp, Russell Investments Group Ltd., Squarepoint Ops LLC, Systematic Financial Management LP and California Public Employees Retirement System. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Altra Industrial Motion's stock price today?

One share of AIMC stock can currently be purchased for approximately $34.70.

How big of a company is Altra Industrial Motion?

Altra Industrial Motion has a market capitalization of $2.24 billion and generates $1.18 billion in revenue each year. The industrial products company earns $35.34 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.

What is Altra Industrial Motion's official website?

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

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 (NASDAQ AIMC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  444 (Vote Underperform)
Total Votes:  814
MarketBeat's community ratings are surveys of what our community members think about Altra Industrial Motion and other stocks. Vote "Outperform" if you believe AIMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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