MARKET

AIMC

AIMC

Altra
NASDAQ

Real-time Quotes | Nasdaq Last Sale

42.51
-1.13
-2.59%
After Hours: 42.51 0 0.00% 16:00 10/28 EDT
OPEN
42.13
PREV CLOSE
43.64
HIGH
43.27
LOW
41.14
VOLUME
581.94K
TURNOVER
--
52 WEEK HIGH
45.03
52 WEEK LOW
12.00
MARKET CAP
2.75B
P/E (TTM)
-139.8815
1D
5D
1M
3M
1Y
5Y
News
Financial
Releases
Corp Actions
Analysis
Profile
Altra Industrial Motion Corp. to Present at Baird's Global Industrials Conference
BRAINTREE, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Baird Global Industrials Conference on Thursday, November 12, 2020 at 11:25 a.m. EDT. A live audio webcast of the presentation will be available in the Events & Presentations section of Altra's investor relations website at https://ir.altramotion.com. A webcast replay will be available on the website following the live presentation.About Altra Industrial Motion Corp.Altra Industrial Motion Corp. is a premier industrial global manufacturer and supplier of highly engineered motion control, automation, power transmission, and engine braking systems and components. Altra's portfolio consists of 27 well-respected brands including Bauer Gear Motor, Boston Gear, Jacobs Vehicle Systems, Kollmorgen, Portescap, Stromag, Svendborg Brakes, TB Wood's, Thomson and Warner Electric. Headquartered in Braintree, Massachusetts. Altra has approximately 9,500 employees and over 50 production facilities in 16 countries around the world. AIMC-GContacts:Altra Investor Relations 781-917-0541 Email: ir@altramotion.com
GlobeNewswire · 1h ago
U.S. Durable Goods Orders Jump in September: 5 Stocks to Buy
Companies like CIRCOR International, Inc. (CIR), Entegris, Inc. (ENTG) and EMCORE Corporation (EMKR) are likely to benefit from the surge in orders for durable goods.
Zacks · 10h ago
Results: Altra Industrial Motion Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates
As you might know, Altra Industrial Motion Corp. (NASDAQ:AIMC) just kicked off its latest quarterly results with some...
Simply Wall St. · 1d ago
Altra Industrial (AIMC) Beats on Q3 Earnings, Hikes '20 View
Zacks · 2d ago
Altra Lifts 2020 Outlook On 3Q Beat; Shares Spike 11%
Shares of Altra Industrial Motion closed 10.8% higher on Friday after the company ramped up its 2020 outlook following better-than-expected 3Q results.The manufacturer of electromechanical power transmission control and automation products reported adjusted EPS of $0.87 that jumped 26.1% year-over-year and surpassed analysts’ expectations of $0.46. Altra’s (AIMC) CEO Carl Christenson said, “Our aggressive cost-reduction actions led to excellent margin performance, strong cash flow generation and effective debt reduction.”Altra’s 3Q revenues of $437.8 million beat Street estimates of $393.8 million. Quarterly revenues were down from the $442.9 million reported in the year-ago quarter. (See AIMC stock analysis on TipRanks).Buoyed by better-than-expected 3Q results, Altra raised its 2020 outlook. The company now anticipates revenues in the range of $1.69-$1.71 billion, up from the earlier guidance range of $1.58-$1.64 billion. The company also lifted its adjusted EPS outlook from $2.05-$2.30 to $2.70-$2.82.Following the company’s earnings announcement, Rosenblatt Securities analyst Scott Graham raised the stock’s price target to $50 (11.6% upside potential) from $42. In a note to investors on Oct. 25, Graham wrote, “We do see some restraints to margins over the next year but still expect margins to rise.” However, the analyst kept a Hold rating noting that the company’s current valuation multiple is well above the peers’ average.Currently, the Street is bullish on the stock with a Strong Buy analyst consensus. With shares up nearly 24% year-to-date, the average price target of $48.75 implies further upside potential of about 8.8% to current levels.Related News: Boston Beer Soars 19% On 3Q Profit Beat; Analyst Sees 29% Downside Illinois Tool Gains On 3Q Sales Beat; Analyst Sticks To Hold American Express Hit With 40% Profit Slump; Shares Fall 3.6% More recent articles from Smarter Analyst: * Bloomin’ Brands Tops 3Q Results As Restaurant Sales Improve * Carlyle To Snap Up Majority Stake In Funds Network Calastone; Analyst Says Buy * SolarWinds Snaps Up SentryOne To Enhance Database Management Capabilities * STMicroelectronics, Sanken Join Forces On High-Voltage Industrial, Auto Products
SmarterAnalyst · 2d ago
Altra Industrial Motion and DLH Holdings among Industrial gainers; U.S. Xpress Enterprises ad Globus Maritime among losers
Gainers: Altra Industrial Motion AIMC +6%. DLH Holdings DLHC +5%. Northwest Pipe NWPX +5%.Losers: U.S. Xpress Enterprises USX -24%. Globus Maritime GLBS -15%. Greenbrier GBX -9%. DiamondPeak DPHC -8%. Navios Maritime NM -8%.
Seekingalpha · 5d ago
Altra Industrial Motion +6.7% after beating expectations, raised guidance
Altra Industrial Motion (AIMC) is up 6.60% after Q3 earnings, where revenue beat top-line expectation and the company presented sharply higher guidance for FY20.Q3 revenue of $437.8M (-1.2% Y/Y), up $43.94M from
Seekingalpha · 5d ago
Altra Industrial Motion Corp. 2020 Q3 - Results - Earnings Call Presentation
The following slide deck was published by Altra Industrial Motion Corp. in conjunction with their 2020 Q3 earnings call.
Seekingalpha · 5d ago
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Forecast
EPSBVPSCFPS
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Learn about the latest financial forecast of AIMC. Analyze the recent business situations of Altra through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
Analyst Rating

Based on 6 analysts

Buy

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average AIMC stock price target is 53.67 with a high estimate of 66.00 and a low estimate of 46.00.
EPS
Institutional Holdings
Institutions: 276
Institutional Holdings: 67.64M
% Owned: 104.62%
Shares Outstanding: 64.66M
TypeInstitutionsShares
Increased
70
3.65M
New
63
1.43M
Decreased
54
4.24M
Sold Out
0
0
  • Performance
  • Asset Allocation
  • Dividend History
No Data
Industry
Industrial Machinery & Equipment
-2.89%
Machinery, Equipment & Components
-2.80%
Key Executives
Chairman/Chief Executive Officer/Director
Carl Christenson
Chief Financial Officer/Executive Vice President
Christian Storch
Executive Vice President
Craig Schuele
Vice President - Finance/Treasurer/Controller
Todd Patriacca
Vice President/General Counsel/Secretary/Director of Human Resources
Glenn Deegan
Independent Director
Lyle Ganske
Independent Director
Margot Hoffman
Independent Director
Michael Lipscomb
Independent Director
Thomas Swidarski
Independent Director
James Woodward
  • Dividends
  • Splits
  • Insider Activity
Declaration Date
Dividend Per Share
Ex-Div Date
10/21/2020
Dividend USD 0.06
12/17/2020
07/22/2020
Dividend USD 0.04
09/17/2020
04/29/2020
Dividend USD 0.04
06/17/2020
02/11/2020
Dividend USD 0.17
03/17/2020
10/22/2019
Dividend USD 0.17
12/17/2019
07/22/2019
Dividend USD 0.17
09/17/2019
04/24/2019
Dividend USD 0.17
06/17/2019
02/12/2019
Dividend USD 0.17
03/15/2019
10/16/2018
Dividend USD 0.17
12/14/2018
07/24/2018
Dividend USD 0.17
09/14/2018
04/24/2018
Dividend USD 0.17
06/15/2018
02/13/2018
Dividend USD 0.17
03/16/2018
10/18/2017
Dividend USD 0.17
12/15/2017
07/21/2017
Dividend USD 0.17
09/15/2017
04/26/2017
Dividend USD 0.17
06/14/2017
02/08/2017
Dividend USD 0.15
03/15/2017
10/19/2016
Dividend USD 0.15
12/15/2016
07/20/2016
Dividend USD 0.15
09/15/2016
04/28/2016
Dividend USD 0.15
06/15/2016
02/11/2016
Dividend USD 0.15
03/16/2016
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Dividend USD 0.15
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Dividend USD 0.15
09/16/2015
04/30/2015
Dividend USD 0.15
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Dividend USD 0.12
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10/22/2014
Dividend USD 0.12
12/16/2014
07/23/2014
Dividend USD 0.12
09/16/2014
04/24/2014
Dividend USD 0.12
06/16/2014
02/12/2014
Dividend USD 0.1
03/14/2014
10/29/2013
Dividend USD 0.1
12/16/2013
07/24/2013
Dividend USD 0.1
09/16/2013
04/25/2013
Dividend USD 0.1
06/14/2013
02/11/2013
Dividend USD 0.08
03/14/2013
10/23/2012
Dividend USD 0.06
12/13/2012
07/24/2012
Dividend USD 0.05
09/14/2012
06/05/2012
Dividend USD 0.05
06/14/2012
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About AIMC
Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. It manufactures a range of couplings suitable for various industrial and specialty applications. The Electromagnetic Clutches and Brakes segment products include brakes and clutches that are used to electronically slow, stop, engage or disengage equipment utilizing electromagnetic friction type connections. The Gearing segment product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive and gear motor configurations, and open gearing products, such as spur, helical, worm and miter/bevel gears. Its products are used to control and transmit power and torque in virtually any industrial application involving movement.
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