Altra Industrial Motion Stock Forecast, Price & News

-1.77 (-3.08 %)
(As of 09/16/2021 03:59 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume6,152 shs
Average Volume312,325 shs
Market Capitalization$3.61 billion
P/E Ratio24.29
Dividend Yield0.57%
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About Altra Industrial Motion

Altra Industrial Motion Corp. engages in the designs, production, and marketing of electromechanical power transmission motion control. It operates through the Power Transmission Technologies; and Automation and Specialty segments. The Power Transmission Technologies segment focuses in the production of couplings, clutches, and brakes; electromagnetic clutches and brakes; and gears. The Automation and Specialty segment consists 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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Overall MarketRank

2.01 out of 5 stars

Industrial Products Sector

128th out of 240 stocks

General Industrial Machinery, Industry

3rd out of 10 stocks

Analyst Opinion: 2.4Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Altra Industrial Motion (NASDAQ:AIMC) Frequently Asked Questions

Is Altra Industrial Motion a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altra Industrial Motion in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Altra Industrial Motion stock.
View analyst ratings for Altra Industrial Motion
or view top-rated stocks.

What stocks does MarketBeat like better than Altra Industrial Motion?

Wall Street analysts have given Altra Industrial Motion a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Altra Industrial Motion wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Altra Industrial Motion's next earnings date?

Altra Industrial Motion is scheduled to release its next quarterly earnings announcement on Friday, October 22nd 2021.
View our earnings forecast for Altra Industrial Motion

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) announced its quarterly earnings results on Thursday, July, 22nd. The industrial products company reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.82 by $0.07. The industrial products company earned $488.60 million during the quarter, compared to analyst estimates of $467.91 million. Altra Industrial Motion had a trailing twelve-month return on equity of 11.14% and a net margin of 8.07%. The company's quarterly revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS.
View Altra Industrial Motion's earnings history

How has Altra Industrial Motion's stock been impacted by Coronavirus (COVID-19)?

Altra Industrial Motion's stock was trading at $21.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AIMC stock has increased by 160.4% and is now trading at $55.62.
View which stocks have been most impacted by COVID-19

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 Friday, July 23rd. Shareholders of record on Friday, September 17th will be paid a dividend of $0.08 per share on Monday, October 4th. This represents a $0.32 annualized dividend and a yield of 0.58%. The ex-dividend date is Thursday, September 16th.
View Altra Industrial Motion's dividend history

Is Altra Industrial Motion a good dividend stock?

Altra Industrial Motion pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.57%. The dividend payout ratio of Altra Industrial Motion is 11.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Altra Industrial Motion will have a dividend payout ratio of 8.25% next year. This indicates that Altra Industrial Motion will be able to sustain or increase its dividend.
View Altra Industrial Motion's dividend history.

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

Altra Industrial Motion issued an update on its FY 2021 earnings guidance on Friday, July, 30th. The company provided earnings per share (EPS) guidance of $3.300-$3.460 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.240. The company issued revenue guidance of $1.89 billion-$1.92 billion, compared to the consensus revenue estimate of $1.86 billion.

What price target have analysts set for AIMC?

5 analysts have issued twelve-month price objectives for Altra Industrial Motion's stock. Their forecasts range from $60.25 to $72.00. On average, they expect Altra Industrial Motion's stock price to reach $64.17 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
View analysts' price targets for Altra Industrial Motion
or view top-rated stocks among Wall Street analysts.

Who are Altra Industrial Motion's key executives?

Altra Industrial Motion's management team includes the following people:
  • Carl Richard Christenson, Chairman & Chief Executive Officer
  • Christian Storch, Chief Financial Officer & Vice President (LinkedIn Profile)
  • Todd B. Patriacca, Treasurer, CAO, VP-Finance & Controller
  • Craig Schuele, Vice President-Marketing & Business Development
  • Glenn E. Deegan, Secretary, Vice President-Legal & Human Resources (LinkedIn Profile)

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

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

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 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 institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (9.44%), Vanguard Group Inc. (8.97%), BlackRock Inc. (8.92%), Macquarie Group Ltd. (5.21%), Boston Partners (5.14%) and Champlain Investment Partners LLC (3.95%). Company insiders that own Altra Industrial Motion stock include Carl R Christenson, Christian Storch, Craig Schuele, Glenn E Deegan, James H Woodward Jr, Larry Mcpherson, Lyle G Ganske 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 Silvercrest Asset Management Group LLC, JPMorgan Chase & Co., Alliancebernstein L.P., Frontier Capital Management Co. LLC, Thrivent Financial for Lutherans, Ziegler Capital Management LLC, Principal Financial Group Inc., and Wells Fargo & Company MN. Company insiders that have sold Altra Industrial Motion company stock in the last year include Carl R Christenson, Christian Storch, Craig Schuele, Glenn E Deegan, James H Woodward Jr, and Todd Patriacca.
View insider buying and selling activity for Altra Industrial Motion
or view top insider-selling stocks.

Which major investors are buying Altra Industrial Motion stock?

AIMC stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Wasatch Advisors Inc., Victory Capital Management Inc., BlackRock Inc., Morgan Stanley, Morgan Stanley, South Street Advisors LLC, and M&G Investment Management Ltd..
View insider buying and selling activity for Altra Industrial Motion
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Altra Industrial Motion's stock price today?

One share of AIMC stock can currently be purchased for approximately $55.62.

How much money does Altra Industrial Motion make?

Altra Industrial Motion has a market capitalization of $3.61 billion and generates $1.73 billion in revenue each year. The industrial products company earns $-25,500,000.00 in net income (profit) each year or $2.88 on an earnings per share basis.

How many employees does Altra Industrial Motion have?

Altra Industrial Motion employs 9,100 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.

When was Altra Industrial Motion founded?

Altra Industrial Motion was founded in 2004.

What is Altra Industrial Motion's official website?

The official website for Altra Industrial Motion is

Where are Altra Industrial Motion's headquarters?

Altra Industrial Motion is headquartered at 300 GRANITE STREET SUITE 201, BRAINTREE MA, 02184.

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.

This page was last updated on 9/16/2021 by Staff
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