About Altra Industrial Motion Corp. (NASDAQ:AIMC)
Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. It manufactures a range of couplings suitable for various industrial and specialty applications. The Electromagnetic Clutches and Brakes segment products include brakes and clutches that are used to electronically slow, stop, engage or disengage equipment utilizing electromagnetic friction type connections. The Gearing segment product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive and gear motor configurations, and open gearing products, such as spur, helical, worm and miter/bevel gears. Its products are used to control and transmit power and torque in virtually any industrial application involving movement.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Machinery
- Sub-Industry: Industrial Machinery
- Symbol: NASDAQ:AIMC
- CUSIP: 02208R10
- Web: www.altramotion.com
- Market Cap: $1.41709 billion
- Outstanding Shares: 29,309,000
- 50 Day Moving Avg: $47.38
- 200 Day Moving Avg: $43.18
- 52 Week Range: $28.85 - $50.00
Sales & Book Value:
- Trailing P/E Ratio: 34.29
- Foreward P/E Ratio: 21.21
- P/E Growth: 1.60
- Annual Revenue: $784.57 million
- Price / Sales: 1.81
- Book Value: $12.72 per share
- Price / Book: 3.80
- Annual Dividend: $0.68
- Dividend Yield: 1.4%
- EBITDA: $110.94 million
- Net Margins: 4.17%
- Return on Equity: 16.50%
- Return on Assets: 6.29%
- Debt-to-Equity Ratio: 0.84%
- Current Ratio: 2.75%
- Quick Ratio: 1.68%
- Average Volume: 185,245 shs.
- Beta: 1.67
- Short Ratio: 3.99
Frequently Asked Questions for Altra Industrial Motion Corp. (NASDAQ:AIMC)
What is Altra Industrial Motion Corp.'s stock symbol?
Altra Industrial Motion Corp. trades on the NASDAQ under the ticker symbol "AIMC."
How often does Altra Industrial Motion Corp. pay dividends? What is the dividend yield for Altra Industrial Motion Corp.?
Altra Industrial Motion Corp. declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Monday, December 18th will be paid a dividend of $0.17 per share on Wednesday, January 3rd. This represents a $0.68 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, December 15th. View Altra Industrial Motion Corp.'s Dividend History.
How were Altra Industrial Motion Corp.'s earnings last quarter?
Altra Industrial Motion Corp. (NASDAQ:AIMC) issued its earnings results on Friday, October, 20th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.02. The firm earned $214.60 million during the quarter, compared to analyst estimates of $210.79 million. Altra Industrial Motion Corp. had a net margin of 4.17% and a return on equity of 16.50%. The business's revenue for the quarter was up 24.0% on a year-over-year basis. During the same period last year, the business posted $0.35 EPS. View Altra Industrial Motion Corp.'s Earnings History.
When will Altra Industrial Motion Corp. make its next earnings announcement?
Where is Altra Industrial Motion Corp.'s stock going? Where will Altra Industrial Motion Corp.'s stock price be in 2017?
5 analysts have issued 1-year price targets for Altra Industrial Motion Corp.'s stock. Their predictions range from $40.00 to $53.00. On average, they anticipate Altra Industrial Motion Corp.'s share price to reach $48.50 in the next twelve months. View Analyst Ratings for Altra Industrial Motion Corp..
What are analysts saying about Altra Industrial Motion Corp. stock?
Here are some recent quotes from research analysts about Altra Industrial Motion Corp. stock:
- 1. According to Zacks Investment Research, "Over the last six months, Altra Industrial's shares have outperformed the industry. We believe that the company holds solid potential for organic and inorganic growth. For instance, the Stromag acquisition (completed in January) is predicted to be earnings accretive in 2017. Also, the company has been progressing well on its restructuring and cost-saving strategies. For 2017, the company increased its revenue guidance to $850-$865 million from the earlier projection of $840-$855 million. Non-GAAP earnings are anticipated to be $1.95-$2.05 per share, up from $1.83-$1.93 predicted earlier." (10/5/2017)
- 2. Jefferies Group LLC analysts commented, "2016 ended with 4Q outperformance on better execution. Operating income was 10% > our estimate, largely providing to the $0.07/sh beat with EPS of $0.41 vs. our estimate and consensus of $0.34. 2017 is expected to start slow with 1Q17 EPS to be flat to slightly down. But with O&G and Distribution markets expected to see improvement in 2H and Stromag savings in front of us, we expect lesser headwinds entering 2017, which is reflected in the current stock price." (3/1/2017)
Who are some of Altra Industrial Motion Corp.'s key competitors?
Who are Altra Industrial Motion Corp.'s key executives?
Altra Industrial Motion Corp.'s management team includes the folowing people:
- Carl R. Christenson, Chairman of the Board, Chief Executive Officer
- Christian Storch, Vice President, Chief Financial Officer
- Todd B. Patriacca, Vice President - Finance, Corporate Controller, Treasurer
- Craig Schuele, Vice President - Marketing and Business Development
- Glenn E. Deegan, Vice President - Legal and Human Resources, General Counsel, Secretary
- Gerald P. Ferris, Vice President - Global Sales
- Edmund M. Carpenter, Lead Independent Director
- James H. Woodward Jr., Director
- Lyle G. Ganske, Independent Director
- Michael S. Lipscomb, Independent Director
Who owns Altra Industrial Motion Corp. stock?
Altra Industrial Motion Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.27%), Shell Asset Management Co. (0.27%) and
LAZARD ASSET MANAGEMENT LLC
(0.09%). Company insiders that own Altra Industrial Motion Corp. stock include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr, Lyle G Ganske and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion Corp..
Who sold Altra Industrial Motion Corp. stock? Who is selling Altra Industrial Motion Corp. stock?
Altra Industrial Motion Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have sold Altra Industrial Motion Corp. stock in the last year include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, Lyle G Ganske and Todd Patriacca. View Insider Buying and Selling for Altra Industrial Motion Corp..
Who bought Altra Industrial Motion Corp. stock? Who is buying Altra Industrial Motion Corp. stock?
How do I buy Altra Industrial Motion Corp. stock?
Shares of Altra Industrial Motion Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Altra Industrial Motion Corp.'s stock price today?
MarketBeat Community Rating for Altra Industrial Motion Corp. (NASDAQ AIMC)MarketBeat's community ratings are surveys of what our community members think about Altra Industrial Motion Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Altra Industrial Motion Corp. stock can currently be purchased for approximately $48.35.
Consensus Ratings for Altra Industrial Motion Corp. (NASDAQ:AIMC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$48.50 (0.31% upside)|Consensus Price Target History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Analysts' Ratings History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/4/2017||Sidoti||Downgrade||Buy -> Neutral||$53.00||N/A|
|10/4/2017||Robert W. Baird||Reiterated Rating||Hold||$48.00||High|
|9/6/2017||BMO Capital Markets||Reiterated Rating||Buy||$53.00||Low|
|5/8/2017||Jefferies Group LLC||Boost Price Target||Hold||$38.00 -> $40.00||Low|
|10/24/2016||Stephens||Upgrade||Equal Weight -> Overweight||N/A|
Earnings History for Altra Industrial Motion Corp. (NASDAQ:AIMC)Earnings History by Quarter for Altra Industrial Motion Corp. (NASDAQ AIMC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018|| || || || || || || || |
|10/20/2017||Q3 2017||$0.46||$0.48||$210.79 million||$214.60 million||View||N/A|
|7/25/2017||Q2 2017||$0.50||$0.57||$219.15 million||$223.35 million||View||N/A|
|4/28/2017||Q1 2017||$0.40||$0.53||$209.55 million||$215.40 million||View||N/A|
|2/27/2017||Q416||$0.34||$0.41||$170.32 million||$172.65 million||View||Listen|
|10/21/2016||Q316||$0.35||$0.35||$175.10 million||$173.10 million||View||Listen|
|7/21/2016||Q216||$0.38||$0.42||$183.38 million||$182.70 million||View||Listen|
|4/29/2016||Q1||$0.33||$0.38||$175.60 million||$180.50 million||View||Listen|
|2/17/2016||Q415||$0.34||$0.36||$175.11 million||$173.60 million||View||Listen|
|10/23/2015||Q315||$0.40||$0.43||$187.50 million||$183.10 million||View||Listen|
|7/23/2015||Q215||$0.43||$0.43||$196.23 million||$196.60 million||View||Listen|
|4/30/2015||Q115||$0.40||$0.42||$195.48 million||$193.40 million||View||N/A|
|2/18/2015||Q414||$0.38||$0.42||$194.72 million||$192.00 million||View||N/A|
|10/24/2014||Q314||$0.43||$0.45||$200.30 million||$202.50 million||View||Listen|
|7/24/2014||Q214||$0.49||$0.48||$208.90 million||$215.20 million||View||Listen|
|4/25/2014||Q114||$0.50||$0.48||$210.08 million||$210.10 million||View||Listen|
|2/19/2014||Q413||$0.38||$0.38||$176.42 million||$180.50 million||View||Listen|
|10/24/2013||Q313||$0.37||$0.40||$175.12 million||$175.40 million||View||N/A|
|7/25/2013||Q2 2013||$0.48||$0.41||$188.71 million||$181.10 million||View||N/A|
|4/26/2013||Q1 2013||$0.45||$0.45||$185.84 million||$185.20 million||View||N/A|
|2/14/2013||Q4 2012||$0.24||$0.36||$169.82 million||$177.20 million||View||N/A|
Earnings Estimates for Altra Industrial Motion Corp. (NASDAQ:AIMC)
2017 EPS Consensus Estimate: $1.83
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Altra Industrial Motion Corp. (NASDAQ:AIMC)
|Payout Ratio:||48.23% (Trailing 12 Months of Earnings) |
33.50% (Based on This Year's Estimates)
29.82% (Based on Next Year's Estimates)
Dividend History by Quarter for Altra Industrial Motion Corp. (NASDAQ AIMC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Insider Ownership Percentage: 3.20%Insider Trades by Quarter for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Institutional Ownership Percentage: 98.31%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/18/2017||Craig Schuele||VP||Sell||1,685||$50.00||$84,250.00|| |
|9/15/2017||Carl R Christenson||Chairman||Sell||10,000||$47.00||$470,000.00|| |
|9/14/2017||Carl R Christenson||CEO||Sell||1,601||$47.00||$75,247.00|| |
|9/13/2017||Carl R Christenson||CEO||Sell||8,323||$47.00||$391,181.00|| |
|8/31/2017||Gerald P Ferris||VP||Sell||2,132||$46.00||$98,072.00|| |
|8/29/2017||Gerald P Ferris||VP||Sell||5,223||$46.00||$240,258.00|| |
|8/25/2017||Carl R Christenson||Chairman||Sell||10,000||$46.00||$460,000.00|| |
|8/21/2017||Gerald P Ferris||VP||Sell||15,000||$44.50||$667,500.00|| |
|8/18/2017||Glenn E Deegan||VP||Sell||1,825||$43.37||$79,150.25|| |
|8/1/2017||Lyle G Ganske||Director||Sell||10,000||$45.30||$453,000.00|| |
|6/2/2017||Carl R Christenson||Chairman||Sell||10,000||$44.00||$440,000.00|| |
|5/15/2017||Todd Patriacca||VP||Sell||1,000||$42.00||$42,000.00|| |
|5/3/2017||Carl R Christenson||Chairman||Sell||40,000||$43.32||$1,732,800.00|| |
|4/28/2017||Craig Schuele||VP||Sell||12,500||$42.02||$525,250.00|| |
|3/8/2017||Glenn E Deegan||VP||Sell||1,175||$39.69||$46,635.75|| |
|12/5/2016||Gerald P Ferris||VP||Sell||10,000||$36.00||$360,000.00|| |
|11/25/2016||Gerald P Ferris||VP||Sell||15,000||$35.40||$531,000.00|| |
|11/9/2016||Christian Storch||CFO||Sell||10,000||$30.75||$307,500.00|| |
|10/27/2016||Christian Storch||CFO||Sell||7,531||$29.46||$221,863.26|| |
|10/27/2016||Glenn E Deegan||VP||Sell||2,500||$29.01||$72,525.00|| |
|10/24/2016||Gerald P Ferris||VP||Sell||5,000||$30.00||$150,000.00|| |
|8/11/2016||Carl R Christenson||CEO||Sell||26,500||$28.63||$758,695.00|| |
|8/1/2016||James H Woodward Jr||Director||Sell||8,847||$28.34||$250,723.98|| |
|7/26/2016||Lyle G Ganske||Director||Sell||5,000||$28.63||$143,150.00|| |
|7/13/2016||Gerald P Ferris||VP||Sell||9,200||$29.00||$266,800.00|| |
|6/9/2016||Gerald P Ferris||VP||Sell||800||$29.00||$23,200.00|| |
|6/8/2016||Gerald P Ferris||VP||Sell||10,000||$28.33||$283,300.00|| |
|5/16/2016||Carl R Christenson||CEO||Sell||30,000||$27.35||$820,500.00|| |
|5/4/2016||Carl R Christenson||CEO||Sell||30,000||$28.26||$847,800.00|| |
|5/4/2016||Glenn E Deegan||VP||Sell||3,000||$28.39||$85,170.00|| |
|4/29/2016||Gerald P Ferris||VP||Sell||1,314||$30.00||$39,420.00|| |
|3/7/2016||Lyle G Ganske||Director||Sell||8,000||$25.44||$203,520.00|| |
|12/16/2015||James H Woodward Jr||Director||Sell||3,596||$25.68||$92,345.28|| |
|7/3/2014||Christian Storch||CFO||Sell||2,500||$37.52||$93,800.00|| |
|6/17/2014||Christian Storch||CFO||Sell||1,796||$36.50||$65,554.00|| |
|6/11/2014||Christian Storch||CFO||Sell||3,204||$36.39||$116,593.56|| |
|6/9/2014||Craig Schuele||VP||Sell||5,000||$37.00||$185,000.00|| |
|5/22/2014||Christian Storch||CFO||Sell||7,595||$33.23||$252,381.85|| |
|4/2/2014||Gerald Ferris||VP||Sell||2,500||$36.50||$91,250.00|| |
|3/14/2014||Lyle Ganske||Director||Sell||15,000||$35.10||$526,500.00|| |
|2/25/2014||Carl Christenson||CEO||Sell||25,000||$35.14||$878,500.00|| |
|11/21/2013||Michael Hurt||Chairman||Sell||15,693||$29.82||$467,965.26|| |
|5/31/2013||Larry Mcpherson||Director||Sell||6,956||$29.10||$202,419.60|| |
|5/28/2013||Gerald P Ferris||VP||Sell||7,500||$29.95||$224,625.00|| |
|5/17/2013||Gerald P Ferris||VP||Sell||2,500||$28.95||$72,375.00|| |
|5/10/2013||Michael L Hurt||Chairman||Sell||19,000||$27.56||$523,640.00|| |
Headline Trends for Altra Industrial Motion Corp. (NASDAQ:AIMC)
Latest Headlines for Altra Industrial Motion Corp. (NASDAQ:AIMC)
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Altra Industrial Motion Corp. (AIMC) Chart for Sunday, October, 22, 2017