Skip to main content

Altra Industrial Motion Corp. (AIMC)

NASDAQ: AIMC · IEX Real-Time Price · USD
54.65 -0.11 (-0.20%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap3.54B
Revenue (ttm)1.85B
Net Income (ttm)149.50M
Shares Out64.80M
EPS (ttm)2.25
PE Ratio24.28
Forward PE16.26
Dividend$0.30 (0.55%)
Ex-Dividend DateDec 16, 2021
Volume370,315
Open54.50
Previous Close54.76
Day's Range54.07 - 55.71
52-Week Range40.95 - 67.89
Beta2.50
AnalystsBuy
Price Target72.80 (+33.2%)
Est. Earnings Daten/a

About AIMC

Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion related applications, and high-volume manufacturing and non-manufacturing processes worldwide. It operates in two segments, Power Transmission Technologies (PTT) and Automation & Specialty (A&S). The PTT segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, universal joints, mill spindles, and shaft lockin...

IndustryMachinery
IPO DateDec 15, 2006
CEOCarl Christenson
Employees9,000
Stock ExchangeNASDAQ
Ticker SymbolAIMC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for AIMC stock is "Buy." The 12-month stock price forecast is 72.80, which is an increase of 33.21% from the latest price.

Price Target
$72.80
(33.21% upside)
Analyst Consensus: Buy

News

Altra Industrial Motion (AIMC) Q3 Earnings and Revenues Lag Estimates

Altra (AIMC) delivered earnings and revenue surprises of -2.44% and -0.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 days ago - Zacks Investment Research

Recap: Altra Industrial Motion Q3 Earnings

Altra Industrial Motion (NASDAQ:AIMC) reported its Q3 earnings results on Friday, October 22, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

3 days ago - Benzinga

Altra Industrial Motion Misses Q3 Estimates, Cuts FY21 Outlook Citing Supply Chain Challenges

Altra Industrial Motion Corp (NASDAQ: AIMC) reported third-quarter FY21 sales growth of 7.2% year-over-year to $469.3 million, +5.8% on an organic basis, missing the consensus of $470.98 million. Adjust...

3 days ago - Benzinga

Altra Reports Third Quarter 2021 Results

Demand and Fundamentals Remain Strong as Company Navigates Current Macro-Environment

3 days ago - GlobeNewsWire

Altra Announces Retirement of CFO Christian Storch and Appoints Altra Veteran Todd B. Patriacca as Chief Financial Of...

BRAINTREE, Mass., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmiss...

3 days ago - GlobeNewsWire

Altra Industrial Motion Corp. Announces Fourth Quarter 2021 Dividend

BRAINTREE, Mass., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products...

5 days ago - GlobeNewsWire

Altra Appoints Financial Executive La Vonda Williams to its Board of Directors

Appointment Enhances Board's Financial, Operational, and Equity Markets Expertise and Health End-Market Experience Appointment Enhances Board's Financial, Operational, and Equity Markets Expertise and H...

6 days ago - GlobeNewsWire

Analysts Estimate Altra Industrial Motion (AIMC) to Report a Decline in Earnings: What to Look Out for

Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

End Markets to Aid Altra Industrial (AIMC), Supply-Chain Hurts

Altra Industrial (AIMC) is set to gain from solid product offerings, healthy end-market demands and debt-reduction actions. Inflation in raw material prices and supply-chain issues are concerning.

1 week ago - Zacks Investment Research

Backyard companies have room to run, says BMO managing director

Joel Tiss, BMO Capital Markets managing director, joins 'Power Lunch' to discuss how companies like Deere and Middleby have room to run.

Other symbols:DE
1 week ago - CNBC Television

Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2021 Financial Results

BRAINTREE, Mass., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products,...

2 weeks ago - GlobeNewsWire

Which Stocks Are Cheaper Than Google's Stock?

We believe that there are other stocks that are currently better valued than Alphabet (Google)'s stock. GOOG's current price-to-operating income ratio (P/EBIT) of 30.3x is much higher than levels of 14....

Other symbols:FLWSNXSTQDEL
4 weeks ago - Forbes

AIMC vs. IEX: Which Stock Is the Better Value Option?

AIMC vs. IEX: Which Stock Is the Better Value Option?

Other symbols:IEX
1 month ago - Zacks Investment Research

Altra Industrial Motion Corp Ranked Among Today's Top Buys Amid Concerns Of The Fed Ending The Economic Stimulus

The Dow Jones ticked down 14 points this Friday morning, the S&P 500 was flat, and the Nasdaq rose about 0.2%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

2 months ago - Forbes

AIMC vs. SOTK: Which Stock Should Value Investors Buy Now?

AIMC vs. SOTK: Which Stock Is the Better Value Option?

Other symbols:SOTK
2 months ago - Zacks Investment Research

5 Stocks to Buy as Industrial Production Continues to Expand

People are spending more on goods than services during the pandemic, driving industrial output and helping stocks like Kadant (KAI), Altra Industrial Motion (AIMC) and Dover Corporation (DOV).

Other symbols:AITAOSDOVKAI
2 months ago - Zacks Investment Research

Here's Why it is Worth Investing in Altra Industrial (AIMC) Now

Altra Industrial (AIMC) is poised to benefit from strength across end markets, healthy liquidity position and shareholder-friendly policies.

2 months ago - Zacks Investment Research

5 Stocks Set to Gain as Factory Orders Continue to Rise

Manufacturing activity has been on the rise ever since the economy reopened which is helping stocks like DOV, AIMC, AZZ, SCHN and AIT

Other symbols:AITAZZDOVSCHN
2 months ago - Zacks Investment Research

AIMC vs. FLS: Which Stock Should Value Investors Buy Now?

AIMC vs. FLS: Which Stock Is the Better Value Option?

Other symbols:FLS
2 months ago - Zacks Investment Research

Durable Goods Orders Increase in June: 4 Stocks to Buy

Orders for long-lasting durable goods has increased in 13 of the past 14 months thus helping stocks like Applied Industrial Technologies (AIT) and Deere & Company (DE).

Other symbols:AITDEDOV
2 months ago - Zacks Investment Research

Altra Industrial (AIMC) Tops on Q2 Earnings, Hikes '21 View

Altra Industrial's (AIMC) Q2 earnings reflect gains from the strengthening demand across the majority of end-markets and adverse impacts of supply-chain woes. For 2021, it hikes sales and earnings proje...

2 months ago - Zacks Investment Research

Altra Industrial Motion (AIMC) Q2 Earnings and Revenues Top Estimates

Altra (AIMC) delivered earnings and revenue surprises of 8.54% and 4.41%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Altra Industrial Motion Beats Q2 Estimates, Raises FY21 Outlook

Altra Industrial Motion Corp (NASDAQ: AIMC) reported second-quarter net sales growth of 21.9% year-over-year to $488.6 million (+17.2% on an organic basis), beating consensus of $467.96 million. Sales b...

3 months ago - Benzinga

Altra Industrial Motion: Q2 Earnings Insights

Shares of Altra Industrial Motion (NASDAQ:AIMC) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 48.33% year over year to $0.89, which beat the estimate...

3 months ago - Benzinga

Altra Reports Second Quarter 2021 Results

Broad-Based Demand Strength Drives Record Quarterly Sales

3 months ago - GlobeNewsWire