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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
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The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
The Most Upgraded Stocks From The Q1 Earnings Season
AI is Unstoppable. Now Is The Time! (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can These Two Crypto Stocks Stage a Comeback?
AI is Unstoppable. Now Is The Time! (Ad)
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
The Most Upgraded Stocks From The Q1 Earnings Season
AI is Unstoppable. Now Is The Time! (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can These Two Crypto Stocks Stage a Comeback?
AI is Unstoppable. Now Is The Time! (Ad)
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
The Most Upgraded Stocks From The Q1 Earnings Season
AI is Unstoppable. Now Is The Time! (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can These Two Crypto Stocks Stage a Comeback?
AI is Unstoppable. Now Is The Time! (Ad)
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
What Does the Airbnb Guidance Drop Say About Travel Demand?
NASDAQ:AIMC

Altra Industrial Motion (AIMC) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$61.98
$62.01
50-Day Range
$60.89
$61.99
52-Week Range
$32.18
$62.01
Volume
1.84 million shs
Average Volume
1.26 million shs
Market Capitalization
$4.05 billion
P/E Ratio
31.95
Dividend Yield
0.58%
Price Target
$62.00

Altra Industrial Motion MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.0% Upside
$62.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.82%
From $3.40 to $3.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.26 out of 5 stars


AIMC stock logo

About Altra Industrial Motion (NASDAQ:AIMC) Stock

Altra Industrial Motion Corp. engages in the design, production, and marketing of electromechanical power transmission motion controls. It operates through the Power Transmission Technologies, and Automation and Specialty segments. The Power Transmission Technologies segment focuses on the production of couplings, clutches, and brakes, electromagnetic clutches and brakes, and gears. The Automation and Specialty segment consists of brands such as Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems (JVS). The company was founded in 2004 and is headquartered in Braintree, MA.

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AIMC Stock News Headlines

AI Getting Close to Thinking Like Humans
Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.
AI Getting Close to Thinking Like Humans
Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.
8-K: Altra Industrial Motion Corp.
Altra Industrial Motion Closing Out On A Mixed Note
Altra Reports Fourth Quarter 2022 Results
Altra Reaches New 52-Week High (AIMC)
First Week of AIMC October 20th Options Trading
See More Headlines

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AIMC Company Calendar

Last Earnings
3/02/2023
Ex-Dividend for 4/4 Dividend
3/15/2023
Dividend Payable
4/04/2023
Today
6/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:AIMC
CUSIP
02208R10
Employees
9,300
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$62.00
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+0.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$127 million
Pretax Margin
9.73%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$4.80 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
64,775,000
Market Cap
$4.05 billion
Optionable
Optionable
Beta
2.14

Social Links


Key Executives

  • Carl Richard ChristensonCarl Richard Christenson
    Chairman & Chief Executive Officer
  • Todd Brooks Patriacca
    CFO, Treasurer, Accounting Officer & EVP
  • Craig Schuele
    Executive VP-Marketing & Business Development
  • Glenn Edward Deegan
    Secretary, Chief Legal & Human Resources Officer













AIMC Stock - Frequently Asked Questions

Should I buy or sell Altra Industrial Motion stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altra Industrial Motion in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AIMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIMC, but not buy additional shares or sell existing shares.
View AIMC analyst ratings
or view top-rated stocks.

What is Altra Industrial Motion's stock price forecast for 2023?

3 equities research analysts have issued 12-month price objectives for Altra Industrial Motion's stock. Their AIMC share price forecasts range from $62.00 to $62.00. On average, they anticipate the company's stock price to reach $62.00 in the next year. This suggests a possible upside of 0.0% from the stock's current price.
View analysts price targets for AIMC
or view top-rated stocks among Wall Street analysts.

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) issued its earnings results on Thursday, March, 2nd. The industrial products company reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by $0.01. The industrial products company had revenue of $469.40 million for the quarter, compared to analysts' expectations of $463.23 million. Altra Industrial Motion had a trailing twelve-month return on equity of 10.93% and a net margin of 6.53%. Altra Industrial Motion's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 earnings per share.

How often does Altra Industrial Motion pay dividends? What is the dividend yield for Altra Industrial Motion?

Altra Industrial Motion announced a quarterly dividend on Wednesday, February 1st. Investors of record on Thursday, March 16th will be paid a dividend of $0.09 per share on Tuesday, April 4th. This represents a $0.36 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, March 15th.
Read our dividend analysis for AIMC
.

What ETFs hold Altra Industrial Motion's stock?

ETFs with the largest weight of Altra Industrial Motion (NASDAQ:AIMC) stock in their portfolio include AltShares Merger Arbitrage ETF (ARB), AltShares Event-Driven ET (EVNT), Vanguard Russell 2000 Value ETF (VTWV),

Is Altra Industrial Motion a good dividend stock?

Altra Industrial Motion (NASDAQ:AIMC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.58%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIMC will have a dividend payout ratio of 9.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIMC.

What is Carl R. Christenson's approval rating as Altra Industrial Motion's CEO?

14 employees have rated Altra Industrial Motion Chief Executive Officer Carl R. Christenson on Glassdoor.com. Carl R. Christenson has an approval rating of 100% among the company's employees. This puts Carl R. Christenson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Pfizer (PFE), Advanced Micro Devices (AMD), OPKO Health (OPK), Fortive (FTV), Corning (GLW), Applied Materials (AMAT), Ampio Pharmaceuticals (AMPE), Berry Global Group (BERY), Eastman Chemical (EMN) and Louisiana-Pacific (LPX).

What is Altra Industrial Motion's stock symbol?

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

Who are Altra Industrial Motion's major shareholders?

Altra Industrial Motion's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), Schonfeld Strategic Advisors LLC (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Carl R Christenson, Christian Storch, Craig Schuele, Glenn E Deegan, James H Woodward Jr, Lyle G Ganske and Todd Patriacca.
View institutional ownership trends
.

What is Altra Industrial Motion's stock price today?

One share of AIMC stock can currently be purchased for approximately $61.98.

How much money does Altra Industrial Motion make?

Altra Industrial Motion (NASDAQ:AIMC) has a market capitalization of $4.05 billion and generates $1.95 billion in revenue each year. The industrial products company earns $127 million in net income (profit) each year or $1.94 on an earnings per share basis.

How many employees does Altra Industrial Motion have?

The company employs 9,300 workers across the globe.

Does Altra Industrial Motion have any subsidiaries?
The following companies are subsidiares of Altra Industrial Motion: A&S Industry Technology (Tianjin) Co. Ltd., ABEK LLC, API Harowe (St. Kitts) Ltd., AS Motion Asiapac Holding Ltd., AS Motion Hong Kong Ltd., AS Motion International B.V., AS Motion LLC, AS Motion North America Inc., AT Business Systems LLC, Altra Industrial Motion (ShenZhen) Co. Ltd., Altra Industrial Motion (Thailand) Ltd., Altra Industrial Motion Australia Pty. Ltd., Altra Industrial Motion Denmark ApS, Altra Industrial Motion Germany GmbH, Altra Industrial Motion Hong Kong Limited, Altra Industrial Motion India Private Ltd., Altra Industrial Motion International Holding LLC, Altra Industrial Motion Netherlands B.V., Altra Industrial Motion Russia OOO, Altra Industrial Motion Singapore Pte. Ltd., Altra Industrial Motion South Africa (Pty.) Ltd., Altra Industrial Motion Switzerland Sarl, Altra Industrial Motion Taiwan Ltd., Altra Industrial Motion UK Holding Ltd., Altra Industrial Motion UK Ltd., Altra Industrial Motion do Brasil Equipamentos Industriais Ltda., Aluminium Die Casting S.r.L., American Precision Industries Inc., Ameridrives International LLC, Ball Screws and Actuators Co. Inc., Bauer Gear Motor Europe GmbH, Bauer Gear Motor Finland Oy Ab, Bauer Gear Motor GmbH, Bauer Gear Motor LLC, Bauer Gear Motor Ltd., Bauer Gear Motor Slovakia s.r.o., Bibby Transmissions Ltd., Boston Gear LLC, Elsim Elektroteknik Sistemler Sanayi ve Ticaret A.S., Formsprag LLC, Fortive - Automation & Specialty Business, G&L Motion Control Inc., Guardian Couplings LLC, Heat Transfer Guarantee Co. LLC, Huco Engineering Industries Ltd., Industrial Blaju S.A. de C.V., Inertia Dynamics LLC, Jacobs (Suzhou) Vehicle Systems Co. Ltd., Jacobs Vehicle Systems Europe s.r.o., Jacobs Vehicle Systems Inc., KOLLMORGEN Europe GmbH, Kilian Canada ULC, Kilian Manufacturing Corporation, Kollmorgen Automation AB, Kollmorgen Corporation, Kollmorgen s.r.l., Kollmorgen s.r.o., Matrix International GmbH, Matrix International Ltd., Motion Engineering Incorporated, Nuttall Gear LLC, PacSci Motion Control Inc., Portescap Co. Ltd., Portescap India Private Limited, Portescap S.A., Portescap Singapore Pte. Ltd., Portescap U.S. Inc., S.B. Patent Holding ApS, Stevens Holding Company Inc., Stieber GmbH, Stromag, Stromag Dessau GmbH, Stromag France SAS, Stromag GmbH, Stromag Holding GmbH, Stromag Holding SAS, Svendborg Brakes ApS, Svendborg Brakes Australia Pty. Ltd., Svendborg Brakes Chile Ltd., Svendborg Brakes Espana S.A., Svendborg Brakes India Ltd., Svendborg Brakes Korea Co. Ltd., Svendborg Brakes Peru S.A.C., Svendborg Brakes Shanghai Co. Ltd., Svendborg Brakes Trading (Shanghai) Co. Ltd., Svendborg Brakes USA LLC, T.B. Wood’s Canada Ltd., TB Wood’s Corporation, TB Wood’s Incorporated, TGA Motion AB, TOLLO LINEAR AB, Thomson Industries Inc., Thomson Industries S. de R.L. de C.V., Thomson Linear LLC, Thomson Neff Industries GmbH, Twiflex Ltd., Warner Electric (Holding) SAS, Warner Electric (Neth) Holding B.V., Warner Electric Europe SAS, Warner Electric LLC, Warner Electric Technology LLC, and Wermex Corporation.
Read More
How can I contact Altra Industrial Motion?

Altra Industrial Motion's mailing address is 300 GRANITE STREET SUITE 201, BRAINTREE MA, 02184. The official website for the company is www.altramotion.com. The industrial products company can be reached via phone at (781) 917-0600, via email at ir@altramotion.com, or via fax at 781-843-0709.

This page (NASDAQ:AIMC) was last updated on 6/1/2023 by MarketBeat.com Staff

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