NASDAQ:AIMC - Altra Industrial Motion Stock Price, Price Target & More

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$45.30 +0.30 (+0.67 %)
(As of 07/23/2018 07:41 AM ET)
Previous Close$45.00
Today's Range$44.65 - $45.40
52-Week Range$38.88 - $53.70
Volume110,337 shs
Average Volume88,883 shs
Market Capitalization$1.33 billion
P/E Ratio22.10
Dividend Yield1.50%
Beta1.62
Altra Industrial Motion logoAltra 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.67
Current Ratio2.58
Quick Ratio1.54

Price-To-Earnings

Trailing P/E Ratio22.10
Forward P/E Ratio18.34
P/E GrowthN/A

Sales & Book Value

Annual Sales$876.74 million
Price / Sales1.52
Cash Flow$3.3655 per share
Price / Cash13.46
Book Value$13.55 per share
Price / Book3.34

Profitability

EPS (Most Recent Fiscal Year)$2.05
Net Income$51.42 million
Net Margins5.56%
Return on Equity16.28%
Return on Assets6.88%

Miscellaneous

Employees4,580
Outstanding Shares29,380,000
Market Cap$1,331.07

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 announced a quarterly dividend on Tuesday, April 24th. Shareholders of record on Monday, June 18th will be given a dividend of $0.17 per share on Tuesday, July 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Friday, June 15th. View Altra Industrial Motion's Dividend History.

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp (NASDAQ:AIMC) released its quarterly earnings data on Friday, April, 27th. The industrial products company reported $0.66 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.05. The industrial products company earned $240.39 million during the quarter, compared to analyst estimates of $229.34 million. Altra Industrial Motion had a net margin of 5.56% and a return on equity of 16.28%. Altra Industrial Motion's revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 earnings per share. 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, July, 26th 2018. View Earnings Estimates for Altra Industrial Motion.

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

Altra Industrial Motion updated its FY18 earnings guidance on Friday, April, 27th. The company provided EPS guidance of $2.36-2.49 for the period, compared to the Thomson Reuters consensus estimate of $2.41. The company issued revenue guidance of $910-930 million, compared to the consensus revenue estimate of $916.11 million.

What price target have analysts set for AIMC?

4 brokerages have issued 12-month target prices for Altra Industrial Motion's shares. Their forecasts range from $52.00 to $58.00. On average, they anticipate Altra Industrial Motion's stock price to reach $53.75 in the next year. This suggests a possible upside of 18.7% from the stock's current price. View Analyst Ratings 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 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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)

Has Altra Industrial Motion been receiving favorable news coverage?

Media coverage about AIMC stock has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altra Industrial Motion earned a media sentiment score of 0.15 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 46.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Altra Industrial Motion's major shareholders?

Altra Industrial Motion's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Xact Kapitalforvaltning AB (0.02%). Company insiders that own Altra Industrial Motion stock include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr, Lipscomb S Michael, Lyle G Ganske and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion.

Which major investors are buying Altra Industrial Motion stock?

AIMC stock was purchased by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB. 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, 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 $45.30.

How big of a company is Altra Industrial Motion?

Altra Industrial Motion has a market capitalization of $1.33 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  504
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 7/23/2018 by MarketBeat.com Staff

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