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

$34.07
-0.70 (-2.01 %)
(As of 01/28/2020 06:06 AM ET)
Today's Range
$33.71
Now: $34.07
$34.38
50-Day Range
$33.47
MA: $35.66
$36.65
52-Week Range
$23.89
Now: $34.07
$38.15
Volume162,363 shs
Average Volume266,293 shs
Market Capitalization$2.20 billion
P/E Ratio25.81
Dividend Yield1.96%
Beta1.97
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$2.77 per share
Book Value$28.68 per share

Profitability

Net Income$35.34 million

Miscellaneous

Employees9,300
Market Cap$2.20 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. Shareholders of record on Wednesday, December 18th will be paid a dividend of $0.17 per share on Friday, January 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend 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) issued its earnings results on Thursday, October, 24th. The industrial products company reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.03. The industrial products company had revenue of $442.90 million for the quarter, compared to analyst estimates of $443.70 million. Altra Industrial Motion had a net margin of 4.56% and a return on equity of 9.83%. Altra Industrial Motion's quarterly revenue was up 93.8% on a year-over-year basis. During the same period last year, the business earned $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 price target have analysts set for AIMC?

3 analysts have issued 1 year price targets 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 37.0% 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 this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altra Industrial Motion earned a news impact score of -1.4 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Altra Industrial Motion.

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), Verizon Communications (VZ), Applied Materials (AMAT), Alibaba Group (BABA), Arch Capital Group (ACGL), Amc Networks (AMCX), Cognizant Technology Solutions (CTSH), Gulfport Energy (GPOR), iRobot (IRBT) and Stitch Fix (SFIX).

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 many different of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.36%), Cascade Investment Advisors Inc. (0.03%), Diversified Trust Co (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Strs Ohio (0.00%). 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.

Which major investors are buying Altra Industrial Motion stock?

AIMC stock was acquired by a variety of institutional investors in the last quarter, including Cascade Investment Advisors Inc., California Public Employees Retirement System, Diversified Trust Co, Strs Ohio and Zurcher Kantonalbank Zurich Cantonalbank . 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 $34.07.

How big of a company is Altra Industrial Motion?

Altra Industrial Motion has a market capitalization of $2.20 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:  387 (Vote Outperform)
Underperform Votes:  461 (Vote Underperform)
Total Votes:  848
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 1/28/2020 by MarketBeat.com Staff

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