Allient Inc. (ALNT)

Market Cap	501.00M
Revenue (ttm)	578.63M
Net Income (ttm)	24.10M
Shares Out	16.74M
EPS (ttm)	1.48
PE Ratio	20.22
Forward PE	12.98
Dividend	$0.12 (0.40%)
Ex-Dividend Date	Mar 19, 2024

Volume	48,950
Open	29.92
Previous Close	29.79
Day's Range	29.50 - 30.52
52-Week Range	25.12 - 40.59
Beta	1.60
Analysts	Strong Buy
Price Target	41.00 (+36.99%)
Earnings Date	May 1, 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-...

• Industry: Electronic Components
• Sector: Technology
• Founded: 1962
• Employees: 2,287
• Stock Exchange: NASDAQ
• Ticker Symbol: ALNT

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%.

Analyst Forecast

According to 3 analysts, the average rating for ALNT stock is "Strong Buy." The 12-month stock price forecast is $41.0, which is an increase of 36.99% from the latest price.

Price Target

$41.0

(36.99% upside)

Analyst Consensus: Strong Buy