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

Sign in or create an account to add this stock to your watchlist.
$27.27 +0.60 (+2.25 %)
(As of 12/13/2018 05:58 AM ET)
Previous Close$26.67
Today's Range$27.09 - $27.95
52-Week Range$26.64 - $53.70
Volume736,200 shs
Average Volume706,130 shs
Market Capitalization$1.72 billion
P/E Ratio10.75
Dividend Yield2.55%
Beta1.8
Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, oil and gas, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, oil and gas drilling platforms, mining, material handling, marine, and wind turbine applications. The company also provides overrunning clutches under the Formsprag, Marland, and Stieber brands used in conveyors, gear reducers, hoists and cranes, mining machinery, machine tools, paper machinery, and other specialty machinery, as well as aerospace and defense market; and engineered belted drives under the TB Wood's brand for aggregate, energy, chemical, and material handling markets. In addition, it offers electromagnetic clutches and brakes under the Warner Electric, Inertia Dynamics, Matrix, and Stromag brands for material handling, forklift, elevator, medical mobility, mobile off-highway, baggage handling, and plant productivity applications, as well as for walk-behind mowers, residential lawn tractors, and commercial mowers; gears under the Boston Gear, Nuttall Gear, Delroyd, and Bauer Gear Motor brands that are used in industrial, material handling, mixing, transportation, and food processing applications; and engineered bearing assemblies under the Kilian brand name for use in general industrial and automotive markets. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. The company was founded in 2004 and is headquartered in Braintree, Massachusetts.

Receive AIMC News and Ratings via Email

Sign-up to receive the latest news and ratings for AIMC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry General industrial machinery,
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:AIMC
Previous Symbol
CUSIP02208R10
Phone781-917-0600

Debt

Debt-to-Equity Ratio0.61
Current Ratio2.34
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio10.75
Forward P/E Ratio11.41
P/E GrowthN/A

Sales & Book Value

Annual Sales$876.74 million
Price / Sales2.00
Cash Flow$3.4388 per share
Price / Cash Flow7.93
Book Value$13.55 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$2.05
Net Income$51.42 million
Net Margins5.68%
Return on Equity17.72%
Return on Assets7.90%

Miscellaneous

Employees4,580
Outstanding Shares64,440,000
Market Cap$1.72 billion
OptionableOptionable

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 Wednesday, October 17th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.17 per share on Thursday, January 3rd. This represents a $0.68 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Friday, December 14th. 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, 25th. The industrial products company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. The industrial products company had revenue of $228.48 million for the quarter, compared to analyst estimates of $225.89 million. Altra Industrial Motion had a net margin of 5.68% and a return on equity of 17.72%. 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 Wednesday, February 20th 2019. 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 FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $2.86-2.91 for the period, compared to the Thomson Reuters consensus estimate of $2.78.

What price target have analysts set for AIMC?

4 brokers have issued 1-year target prices for Altra Industrial Motion's stock. Their predictions range from $45.00 to $52.00. On average, they anticipate Altra Industrial Motion's share price to reach $50.00 in the next year. This suggests a possible upside of 83.4% from the stock's current price. View Analyst Price Targets for Altra Industrial Motion.

What is the consensus analysts' recommendation for Altra Industrial Motion?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altra Industrial Motion in the last year. There are currently 4 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?

News stories about AIMC stock have trended neutral this week, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altra Industrial Motion earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near future.

Are investors shorting Altra Industrial Motion?

Altra Industrial Motion saw a decline in short interest in November. As of November 30th, there was short interest totalling 1,381,232 shares, a decline of 38.6% from the November 15th total of 2,250,419 shares. Based on an average daily trading volume, of 768,364 shares, the short-interest ratio is presently 1.8 days. Currently, 2.2% of the company's shares are sold short. View Altra Industrial Motion's Current Options Chain.

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

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 58)
  • Mr. Christian Storch, VP & CFO (Age 58)
  • Mr. Glenn E. Deegan, VP of Legal & HR, Gen. Counsel and Sec. (Age 51)
  • Mr. Craig Schuele, VP of Marketing & Bus. Devel. (Age 54)
  • Mr. Gerald P. Ferris, VP of Global Sales (Age 68)

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, Scottrade, Fidelity and Charles Schwab.

What is Altra Industrial Motion's stock price today?

One share of AIMC stock can currently be purchased for approximately $27.27.

How big of a company is Altra Industrial Motion?

Altra Industrial Motion has a market capitalization of $1.72 billion and generates $876.74 million in revenue each year. The industrial products company earns $51.42 million in net income (profit) each year or $2.05 on an earnings per share basis. Altra Industrial Motion employs 4,580 workers across the globe.

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:  274 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  607
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 12/13/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel