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Altra Industrial Motion Corp is a specialty industrial machinery business based in the US. Altra Industrial Motion shares (AIMC) are listed on the NASDAQ and all prices are listed in US Dollars. Altra Industrial Motion employs 9,200 staff and has a trailing 12-month revenue of around USD$1.7 billion.
|Latest market close||USD$55.43|
|52-week range||USD$11.9603 - USD$59.4344|
|50-day moving average||USD$54.4426|
|200-day moving average||USD$41.3103|
|Wall St. target price||USD$61.83|
|Dividend yield||USD$0.24 (0.43%)|
|Earnings per share (TTM)||USD$1.306|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||-13.88%|
|1 month (2020-12-16)||1.73%|
|3 months (2020-10-16)||35.79%|
|6 months (2020-07-16)||65.27%|
|1 year (2020-01-16)||51.20%|
|2 years (2019-01-16)||100.11%|
|3 years (2018-01-16)||7.95%|
|5 years (2016-01-15)||154.50%|
Valuing Altra Industrial Motion stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altra Industrial Motion's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altra Industrial Motion's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Altra Industrial Motion shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Altra Industrial Motion's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0995. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Altra Industrial Motion's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Altra Industrial Motion's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$355.5 million.
The EBITDA is a measure of a Altra Industrial Motion's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.7 billion|
|Operating margin TTM||13.24%|
|Gross profit TTM||USD$656.3 million|
|Return on assets TTM||3.36%|
|Return on equity TTM||-1.03%|
|Market capitalisation||USD$3.6 billion|
TTM: trailing 12 months
There are currently 831,086 Altra Industrial Motion shares held short by investors – that's known as Altra Industrial Motion's "short interest". This figure is 22.9% up from 676,171 last month.
There are a few different ways that this level of interest in shorting Altra Industrial Motion shares can be evaluated.
Altra Industrial Motion's "short interest ratio" (SIR) is the quantity of Altra Industrial Motion shares currently shorted divided by the average quantity of Altra Industrial Motion shares traded daily (recently around 381232.11009174). Altra Industrial Motion's SIR currently stands at 2.18. In other words for every 100,000 Altra Industrial Motion shares traded daily on the market, roughly 2180 shares are currently held short.
However Altra Industrial Motion's short interest can also be evaluated against the total number of Altra Industrial Motion shares, or, against the total number of tradable Altra Industrial Motion shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Altra Industrial Motion's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Altra Industrial Motion shares in existence, roughly 10 shares are currently held short) or 0.013% of the tradable shares (for every 100,000 tradable Altra Industrial Motion shares, roughly 13 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Altra Industrial Motion.
Find out more about how you can short Altra Industrial Motion stock.
Dividend payout ratio: 11.15% of net profits
Recently Altra Industrial Motion has paid out, on average, around 11.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altra Industrial Motion shareholders could enjoy a 0.43% return on their shares, in the form of dividend payments. In Altra Industrial Motion's case, that would currently equate to about $0.24 per share.
While Altra Industrial Motion's payout ratio might seem low, this can signify that Altra Industrial Motion is investing more in its future growth.
Altra Industrial Motion's most recent dividend payout was on 5 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 December 2020 (the "ex-dividend date").
Over the last 12 months, Altra Industrial Motion's shares have ranged in value from as little as $11.9603 up to $59.4344. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Altra Industrial Motion's is 2.6084. This would suggest that Altra Industrial Motion's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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 and Automation & Specialty. The Power Transmission Technologies segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, joints, mill spindles, and shaft locking devices under the Ameridrives, Bibby, Guardian, Huco, Lamiflex, Stromag, and TB Wood's brands; clutches and brakes under the Industrial Clutch, Formsprag, Stieber, Stromag, Svendborg, Twiflex, and Wichita brands; electromagnetic clutches and brakes under the Inertia Dynamics, Matrix, Stromag, and Warner Electric brands; and gears under the Bauer Gear Motor, Boston Gear, Delroyd, and Nuttall brands. The Automation & Specialty segment provides rotary precision motion solutions, including servo and stepper motors, precision linear actuators, and electronic drives and motion controllers, as well as related software under the Kollmorgen brand; and miniature motors, as well as motion control products, such as brush and brushless DC, can stack, and disc magnet motors under the Portescap brand. This segment also offers linear bearings, guides, glides, lead and ball screws, industrial linear actuators, resolvers, and inductors for the transition of rotary motion to linear motion under the Thomson brand; and heavy-duty diesel engine brake systems and valve actuation mechanisms, including compression release, and bleeder and exhaust brakes under the Jacobs Vehicle Systems brand. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.
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