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How to buy Altra stock

Learn how to easily invest in Altra stock.

Altra Holdings Inc
- $0.04 ( - 0.07%)

Altra is a specialty industrial machinery business based in the US. Altra shares (AIMC) are listed on the NASDAQ and all prices are listed in US Dollars. Altra employs 9,000 staff and has a trailing 12-month revenue of around $1.9 billion.

How to buy Altra stock

  1. Open a stock trading account. Use our comparison table or choose from our Top Picks.
  2. Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
  3. Search for the stock by name or ticker symbol – AIMC. It's that simple.

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Altra stock price (NASDAQ: AIMC)

Use our graph to track the performance of AIMC stocks over time.

Altra shares at a glance

Information last updated 2023-01-24.
Latest market close$61.10
52-week range$32.05 - $61.04
50-day moving average $59.16
200-day moving average $43.93
Wall St. target price$57.27
PE ratio 234.6154
Dividend yield $0.34 (0.59%)
Earnings per share (TTM) $0.26

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Is it a good time to buy Altra stock?

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.

Altra price performance over time

Historical closes compared with the close of $61.1 from 2023-01-26

1 week (2023-01-20) 0.23%
1 month (2022-12-23) 2.50%
3 months (2022-10-27) 2.31%
6 months (2022-07-27) 56.23%
1 year (2022-01-27) 31.45%
2 years (2021-01-27) 16.56%
3 years (2020-01-27) 79.34%
5 years (2018-01-26) 14.53%

Is Altra stock undervalued or overvalued?

Valuing Altra stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altra's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Altra's P/E ratio

Altra's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 235x. In other words, Altra shares trade at around 235x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Altra's PEG ratio

Altra's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1579. 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'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's EBITDA

Altra's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $354.9 million.

The EBITDA is a measure of a Altra's overall financial performance and is widely used to measure a its profitability.

Altra financials

Revenue TTM $1.9 billion
Operating margin TTM 13.05%
Gross profit TTM $675.4 million
Return on assets TTM 4.08%
Return on equity TTM 0.86%
Profit margin 0.87%
Book value $29.24
Market capitalisation $4 billion

TTM: trailing 12 months

Altra share dividends


Dividend payout ratio: 11.33% of net profits

Recently Altra has paid out, on average, around 11.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altra shareholders could enjoy a 0.59% return on their shares, in the form of dividend payments. In Altra's case, that would currently equate to about $0.34 per share.

While Altra's payout ratio might seem low, this can signify that Altra is investing more in its future growth.

Altra's most recent dividend payout was on 2 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2022 (the "ex-dividend date").

Altra share price volatility

Over the last 12 months, Altra's shares have ranged in value from as little as $32.0543 up to $61.04. A popular way to gauge a stock's volatility is its "beta".

AIMC.US volatility(beta: 2.23)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Altra's is 2.2274. This would suggest that Altra's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Altra overview

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. 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 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 A&S 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, and 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. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally.

Frequently asked questions

What percentage of Altra is owned by insiders or institutions?
Currently 1.309% of Altra shares are held by insiders and 90.947% by institutions.
How many people work for Altra?
Latest data suggests 9,000 work at Altra.
When does the fiscal year end for Altra?
Altra's fiscal year ends in December.
Where is Altra based?
Altra's address is: 300 Granite Street, Braintree, MA, United States, 02184
What is Altra's ISIN number?
Altra's international securities identification number is: US02208R1068
What is Altra's CUSIP number?
Altra's Committee on Uniform Securities Identification Procedures number is: 02208R106

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