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AIMC

Altra Industrial Motion Corp.

Industrials

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Price alert · AIMC

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61.98 0.00 0.00%
As of Mar 24, 2023
61.98 Day range 62.01

52-week range unavailable

Open
61.99
Prev close
61.98
Mkt cap
4.05B
Vol
1.84M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.58%
More statistics
Low
61.98
High
62.01
Forward P/E
15.97
Beta
2.16
Short ratio
4.20
Inst. own
95.61%
Dividend
0.36
Ex-div date
Mar 14, 2023
Earnings
Apr 27, 2023
50-d avg
61.32
200-d avg
49.61
1y target
56.17

2Y chart

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Key statistics

Market cap
4.05B
Enterprise value
4.93B
Trailing P/E
31.95
Forward P/E
15.97
PEG ratio
1.19
Price / sales
2.08
Price / book
2.02
EPS (TTM)
1.94
Beta
2.16
Dividend yield
0.58%
Payout ratio
18.04%
Profit margin
6.53%
Revenue (TTM)
1.95B
Revenue growth
-0.10%
Free cash flow
431.96M
Total cash
208.90M
Total debt
1.09B
Return on equity
6.37%
Shares outstanding
65.36M
Short % of float
10.86%
50-day average
61.32
200-day average
49.61

Analyst view

Consensus: buy

Buy
Price target (mean) 56.17 -9.4% downside
Target (low)
50.34
Target (mean)
56.17
Target (high)
62.00
Ratings (0m) 5 2 buy · 3 hold · 0 sell
  • Strong buy1
  • Buy1
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

Apr 27, 2023

Expected Apr 27, 2023. Consensus EPS estimate 0.92.

Earnings history

Financials — quick view

All financials
AIMC Revenue — quarterly 469.40M
2019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 2022
AIMC Net income — quarterly 22.30M
2019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 2022
AIMC EPS — quarterly 0.34
2019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 2022

Earnings

AIMC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Apr 27, 2023Mar 1, 20230.00———
Mar 1, 2023Dec 1, 20220.75———
Oct 31, 2022Sep 1, 20220.83———
Jul 28, 2022Jun 1, 20220.83———
Apr 28, 2022Mar 1, 20220.71———
Feb 16, 2022Dec 1, 20210.75———

Upgrades / downgrades

AIMC analyst upgrades and downgrades
DateFirmActionFromTo
Mar 3, 2023Loop CapitaldownBuyHold
Dec 21, 2022BMO CapitaldownOutperformMarket Perform
Nov 1, 2022BairddownOutperformNeutral
Aug 26, 2022Loop Capitalinit—Buy
Jul 27, 2021BMO Capitalmain—Outperform
Jul 26, 2021Rosenblattmain—Neutral

About Altra Industrial Motion Corp.

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. 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. As of March 27, 2023, Altra Industrial Motion Corp. operates as a subsidiary of Regal Rexnord Corporation.

Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States

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Insider holders

AIMC insider holders
InsiderRelationLatest transactionDateShares held
CHRISTENSON CARL RChief Executive OfficerStock Award(Grant)Dec 22, 2022307,057
DEEGAN GLENN EOfficerStock Award(Grant)Dec 22, 202260,723
GANSKE LYLE GDirectorStock Award(Grant)Feb 22, 202339,113
HALL J. SCOTTDirectorStock Award(Grant)Feb 22, 20235,879
HOFFMAN MARGOT LDirectorStock Award(Grant)Feb 22, 202314,110
PARENT HAUGHEY NICOLEDirectorStock Award(Grant)Feb 22, 20237,747

Institution ownership

AIMC institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)9.54%6,234,553386.42MDec 30, 2022
Blackrock Inc.8.83%5,769,755357.61MDec 30, 2022
Alpine Associates Management Inc.4.23%2,762,100171.19MDec 30, 2022
Macquarie Group Limited3.36%2,194,604136.02MDec 30, 2022
Champlain Investment Partners, LLC3.17%2,068,710128.22MDec 30, 2022
TIG Advisors, LLC3.10%2,026,851125.62MDec 30, 2022

Fund ownership

AIMC fund ownership
Holder% heldSharesValueReported
Wasatch Core Growth Fund3.08%2,006,863124.39MSep 29, 2022
Vanguard Total Stock Market Index Fund3.01%1,959,987121.48MSep 29, 2022
Delaware Group Equity Funds V-Small Cap Value Fund2.80%1,827,643113.28MNov 29, 2022
Vanguard Small-Cap Index Fund2.53%1,652,113102.40MSep 29, 2022
iShares Russell 2000 ETF2.27%1,477,91791.60MDec 30, 2022
JP Morgan Small Cap Equity Fund1.99%1,297,42380.41MSep 29, 2022
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