Allient Inc. (ALNT)

NASDAQ: ALNT · Real-Time Price · USD
24.87
-0.04 (-0.16%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.16%
Market Cap 418.94M
Revenue (ttm) 548.96M
Net Income (ttm) 14.50M
Shares Out 16.85M
EPS (ttm) 0.87
PE Ratio 28.53
Forward PE 15.91
Dividend $0.12 (0.48%)
Ex-Dividend Date Aug 22, 2024
Volume 140,833
Open 24.95
Previous Close 24.91
Day's Range 23.98 - 25.06
52-Week Range 16.91 - 36.33
Beta 1.51
Analysts Strong Buy
Price Target 29.33 (+17.93%)
Earnings Date Nov 6, 2024

About ALNT

Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-... [Read more]

Sector Technology
Founded 1962
Employees 2,287
Stock Exchange NASDAQ
Ticker Symbol ALNT
Full Company Profile

Financial Performance

In 2023, Allient's revenue was $578.63 million, an increase of 15.04% compared to the previous year's $502.99 million. Earnings were $24.10 million, an increase of 38.58%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ALNT stock is "Strong Buy." The 12-month stock price forecast is $29.33, which is an increase of 17.93% from the latest price.

Price Target
$29.33
(17.93% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Allient Inc. (ALNT) Q3 2024 Earnings Call Transcript

Allient Inc. (NASDAQ:ALNT) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations, Alliance Advisors LLC Richard Warzala - President a...

10 days ago - Seeking Alpha

Allient Reports Third Quarter 2024 Results; Simplify to Accelerate NOW Initiatives Drive Sequential Margin Expansion

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Reports Third Quarter 2024 Results; Simplify to Accelerate NOW Initiatives Drive Sequential Margin Expansion.

14 days ago - Business Wire

Allient Declares Quarterly Cash Dividend

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Declares Quarterly Cash Dividend.

14 days ago - Business Wire

Allient Inc. Announces Third Quarter 2024 Financial Results Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Announces Third Quarter 2024 Financial Results Conference Call and Webcast.

23 days ago - Business Wire

Allient Amends 2024 Credit Facilities and Executes New Interest Rate Swap to Enhance Financial Flexibility

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Amends 2024 Credit Facilities and Executes New Interest Rate Swap to Enhance Financial Flexibility.

26 days ago - Business Wire

Allient Inc. (ALNT) Q2 2024 Earnings Call Transcript

Allient Inc. (NASDAQ:ALNT) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Deborah Pawlowski - Investor Relations Dick Warzala - Chairman, President & Chief Executive...

3 months ago - Seeking Alpha

Allient Reports Second Quarter 2024 Results and Annualized Savings from Simplify to Accelerate NOW Actions

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Reports Second Quarter 2024 Results and Annualized Savings from Simplify to Accelerate NOW Actions.

3 months ago - Business Wire

Allient Inc. Announces Second Quarter 2024 Financial Results Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. Announces Second Quarter 2024 Financial Results Conference Call and Webcast.

4 months ago - Business Wire

Allient Names James A. Michaud as Chief Financial Officer

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Names James A. Michaud as Chief Financial Officer.

6 months ago - Business Wire

Allient Inc. (ALNT) Q1 2024 Earnings Call Transcript

Allient Inc. (NASDAQ:ALNT) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations Richard Warzala - Chairman, President and CEO Jackson Tros...

6 months ago - Seeking Alpha

Allient Reports Gross and Operating Margin Expansion on Revenue of $146.7 Million in First Quarter 2024

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Reports Gross and Operating Margin Expansion on Revenue of $146.7 Million in First Quarter 2024.

7 months ago - Business Wire

Allient Inc. Announces First Quarter 2024 Financial Results Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Announces First Quarter 2024 Financial Results Conference Call and Webcast.

7 months ago - Business Wire

Allient Inc. (ALNT) Q4 2023 Earnings Call Transcript

Allient Inc. (NASDAQ:ALNT) Q4 2023 Earnings Conference Call March 6, 2024 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations Richard Warzala - Chairman, President and CEO Michael L...

9 months ago - Seeking Alpha

Allient Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023.

9 months ago - Business Wire

Allient Inc. Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast.

9 months ago - Business Wire

Allient: Power Transformers Business Acquisition Could Be A Strong Boost

On January 11, the company announced the purchase of U.S. electrical transformers producer SNC Manufacturing. The acquired company has revenues of some $40 million, and I'm optimistic about its result...

10 months ago - Seeking Alpha

Allient Announces Acquisition of SNC Manufacturing

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient (Nasdaq: ALNT) Announces Acquisition of SNC Manufacturing.

11 months ago - Business Wire

Allient Publishes Inaugural Sustainability Report

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Publishes Inaugural Sustainability Report.

1 year ago - Business Wire

Allient Chief Financial Officer, Michael R. Leach, to Retire in 2024

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Chief Financial Officer, Michael R. Leach, to Retire in 2024.

1 year ago - Business Wire

Allient Inc. (ALNT) Q3 2023 Earnings Call Transcript

Allient Inc. (NASDAQ:ALNT) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations Richard Warzala - Chairman, President and CEO Michae...

1 year ago - Seeking Alpha

Allient Reports Record Gross Margin of 32.7% on Revenue of $145.3 Million in Third Quarter 2023

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient (Nasdaq: ALNT) Reports Record Gross Margin of 32.7% on Revenue of $145.3 Million in Third Quarter 2023.

1 year ago - Business Wire

Allient Inc. Announces Third Quarter 2023 Financial Results Conference Call and Webcast

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Announces Third Quarter 2023 Financial Results Conference Call and Webcast.

1 year ago - Business Wire

Allient: Many M&A Moves In Motion (Rating Downgrade)

Allient Inc., formerly known as Allied Motion Technologies, has been actively involved in M&A to drive growth. The company specializes in connected motion technology and operates in niche markets such...

1 year ago - Seeking Alpha

Allient Acquires Sierramotion, a Leading Designer and Manufacturer of High Performance Motion Solutions

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient (Nasdaq: ALNT) Acquires Sierramotion, a Leading Designer and Manufacturer of High Performance Motion Solutions.

1 year ago - Business Wire

Allient Inc. to Provide Update on Strategy and Long-term Financial Goals at Inaugural Investor Day

BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) to Provide Update on Strategy and Long-term Financial Goals at Inaugural Investor Day.

1 year ago - Business Wire