NASDAQ:AMOTAllied Motion Technologies Stock Price, Forecast & News

Allied Motion Technologies' stock was trading at $31.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMOT stock has increased by 7.0% and is now trading at $33.99. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allied Motion Technologies in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allied Motion Technologies.

Allied Motion Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Allied Motion Technologies.

Allied Motion Technologies, Inc. (NASDAQ:AMOT) posted its quarterly earnings results on Wednesday, May, 6th. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.23 by $0.21. The technology company earned $92.38 million during the quarter, compared to analysts' expectations of $88.10 million. Allied Motion Technologies had a return on equity of 15.13% and a net margin of 4.49%. View Allied Motion Technologies' earnings history.

Allied Motion Technologies announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.03 per share on Wednesday, June 3rd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Wednesday, May 20th. View Allied Motion Technologies' dividend history.

2 brokers have issued 12-month price targets for Allied Motion Technologies' shares. Their forecasts range from $44.00 to $44.00. On average, they expect Allied Motion Technologies' stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View analysts' price targets for Allied Motion Technologies.

Media stories about AMOT stock have trended negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Allied Motion Technologies earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news about Allied Motion Technologies.

Allied Motion Technologies saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 72,300 shares, a drop of 8.2% from the June 15th total of 78,800 shares. Based on an average daily trading volume, of 51,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.0% of the company's stock are sold short. View Allied Motion Technologies' Current Options Chain.

Some companies that are related to Allied Motion Technologies include Cohu (COHU), Transcat (TRNS), Exfo (EXFO), Frequency Electronics (FEIM), Aehr Test Systems (AEHR), Reliability (RLBY), Data I/O (DAIO) and Giga-tronics (GIGA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allied Motion Technologies investors own include NVIDIA (NVDA), Netflix (NFLX), salesforce.com (CRM), AT&T (T), Teladoc Health (TDOC), Gilead Sciences (GILD), JD.Com (JD), Micron Technology (MU), Square (SQ) and Verizon Communications (VZ).

Allied Motion Technologies trades on the NASDAQ under the ticker symbol "AMOT."

Allied Motion Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.49%) and Wedge Capital Management L L P NC (0.21%). Company insiders that own Allied Motion Technologies stock include Michael R Winter, Richard D /Co/ Smith, Richard D Federico, Richard S Warzala and Robert B Engel. View institutional ownership trends for Allied Motion Technologies.

AMOT stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, and Wedge Capital Management L L P NC. Company insiders that have sold Allied Motion Technologies company stock in the last year include Richard D /Co/ Smith, Richard D Federico, and Richard S Warzala. View insider buying and selling activity for Allied Motion Technologies.

Shares of AMOT 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, Robinhood, Fidelity, and Charles Schwab.

One share of AMOT stock can currently be purchased for approximately $33.99.

Allied Motion Technologies has a market capitalization of $330.86 million and generates $371.08 million in revenue each year. The technology company earns $17.02 million in net income (profit) each year or $1.89 on an earnings per share basis. Allied Motion Technologies employs 1,700 workers across the globe.

The official website for Allied Motion Technologies is www.alliedmotion.com.

Allied Motion Technologies' mailing address is 495 COMMERCE DRIVE, AMHERST NY, 14228. The technology company can be reached via phone at 716-242-8634 or via email at [email protected]