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How to buy Altra Industrial Motion stock (AIMC)

Buy Altra Industrial Motion stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Altra Industrial Motion 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 9,314 staff and has a trailing 12-month revenue of around $1.9 billion.

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Altra Industrial Motion stock price (NASDAQ: AIMC)

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

Altra Industrial Motion shares at a glance

Information last updated 2023-05-21.
Latest market close$61.98
52-week range$0.00 - $0.00
50-day moving average $61.32
200-day moving average $49.61
Wall St. target price$56.17
PE ratio 31.9485
Dividend yield $0.35 (0.58%)
Earnings per share (TTM) $1.94

Is it a good time to buy Altra Industrial Motion 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 Industrial Motion price performance over time

Historical closes compared with the close of $61.98 from 2023-03-27

1 week (2024-07-13) N/A
1 month (2024-06-20) N/A
3 months (2024-04-20) N/A
6 months (2024-01-20) N/A
1 year (2023-07-20) N/A
2 years (2022-07-22) 65.28%
3 years (2021-07-23) 62.2
5 years (2019-07-24) 77.01%

Is Altra Industrial Motion stock undervalued or overvalued?

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 P/E ratio

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 32x. In other words, Altra Industrial Motion shares trade at around 32x 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 Industrial Motion's PEG ratio

Altra Industrial Motion'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 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

Altra Industrial Motion's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $353 million.

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

Altra Industrial Motion financials

Revenue TTM $1.9 billion
Operating margin TTM 13.3%
Gross profit TTM $692.9 million
Return on assets TTM 4.14%
Return on equity TTM 6.37%
Profit margin 6.53%
Book value $30.67
Market Capitalization $4.1 billion

TTM: trailing 12 months

Altra Industrial Motion share dividends

11%

Dividend payout ratio: 10.98% of net profits

Recently Altra Industrial Motion has paid out, on average, around 10.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.58% 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 0.58% return on their shares, in the form of dividend payments. In Altra Industrial Motion's case, that would currently equate to about $0.35 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 3 April 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 March 2023 (the "ex-dividend date").

Altra Industrial Motion share price volatility

Over the last 12 months, Altra Industrial Motion's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

AIMC.US volatility(beta: 2.16)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 Industrial Motion's is 2.155. 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 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. The company 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 and Nook brands. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally.

Frequently asked questions

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What percentage of Altra Industrial Motion is owned by insiders or institutions?
Currently 1.31% of Altra Industrial Motion shares are held by insiders and 95.611% by institutions.
How many people work for Altra Industrial Motion?
Latest data suggests 9,314 work at Altra Industrial Motion.
When does the fiscal year end for Altra Industrial Motion?
Altra Industrial Motion's fiscal year ends in December.
Where is Altra Industrial Motion based?
Altra Industrial Motion's address is: 300 Granite Street, Braintree, MA, United States, 02184
What is Altra Industrial Motion's ISIN number?
Altra Industrial Motion's international securities identification number is: US02208R1068
What is Altra Industrial Motion's CUSIP number?
Altra Industrial Motion's Committee on Uniform Securities Identification Procedures number is: 02208R106

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