Allient Inc. (ALNT)
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]
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 StatementsAnalyst 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.
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...
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.
Allient Declares Quarterly Cash Dividend
BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Declares Quarterly Cash Dividend.
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.
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.
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...
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.
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.
Allient Names James A. Michaud as Chief Financial Officer
BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Names James A. Michaud as Chief Financial Officer.
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...
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.
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.
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...
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.
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.
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...
Allient Announces Acquisition of SNC Manufacturing
BUFFALO, N.Y.--(BUSINESS WIRE)--Allient (Nasdaq: ALNT) Announces Acquisition of SNC Manufacturing.
Allient Publishes Inaugural Sustainability Report
BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Publishes Inaugural Sustainability Report.
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.
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...
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.
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.
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...
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.
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.