S&P 500   5,011.12
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3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
3 Steel Stocks Could Soar on New China Tariffs
How major US stock indexes fared Thursday, 4/18/2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
NASDAQ:AIMC

Altra Industrial Motion (AIMC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$61.98
$61.98
50-Day Range
$60.89
$61.99
52-Week Range
$32.18
$62.01
Volume
N/A
Average Volume
1.26 million shs
Market Capitalization
$4.05 billion
P/E Ratio
31.95
Dividend Yield
0.58%
Price Target
N/A
AIMC stock logo

About Altra Industrial Motion Stock (NASDAQ:AIMC)

Altra Industrial Motion Corp. engages in the design, production, and marketing of electromechanical power transmission motion controls. It operates through the Power Transmission Technologies, and Automation and Specialty segments. The Power Transmission Technologies segment focuses on the production of couplings, clutches, and brakes, electromagnetic clutches and brakes, and gears. The Automation and Specialty segment consists of brands such as Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems (JVS). The company was founded in 2004 and is headquartered in Braintree, MA.

AIMC Stock News Headlines

Altra Industrial Motion
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Altra Timp 5: Tried and tested
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
QIND Quality Industrial Corp.
Ton Yi Industrial Corp.
8-K: Altra Industrial Motion Corp.
See More Headlines
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Company Calendar

Last Earnings
3/02/2023
Today
4/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:AIMC
CUSIP
02208R10
Employees
9,300
Year Founded
2004

Profitability

Net Income
$127 million
Pretax Margin
9.73%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$4.80 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
64,775,000
Market Cap
$4.05 billion
Optionable
Optionable
Beta
2.14

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Key Executives


AIMC Stock Analysis - Frequently Asked Questions

How were Altra Industrial Motion's earnings last quarter?

Altra Industrial Motion Corp. (NASDAQ:AIMC) posted its earnings results on Thursday, March, 2nd. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by $0.01. The industrial products company earned $469.40 million during the quarter, compared to the consensus estimate of $463.23 million. Altra Industrial Motion had a net margin of 6.53% and a trailing twelve-month return on equity of 10.93%. The business's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share.

Is Altra Industrial Motion a good dividend stock?

Altra Industrial Motion (NASDAQ:AIMC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.58%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIMC will have a dividend payout ratio of 9.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIMC.

What is Carl R. Christenson's approval rating as Altra Industrial Motion's CEO?

14 employees have rated Altra Industrial Motion Chief Executive Officer Carl R. Christenson on Glassdoor.com. Carl R. Christenson has an approval rating of 100% among the company's employees. This puts Carl R. Christenson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Altra Industrial Motion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altra Industrial Motion investors own include Pfizer (PFE), Advanced Micro Devices (AMD), OPKO Health (OPK), Fortive (FTV), Corning (GLW), Applied Materials (AMAT), Berry Global Group (BERY), Eastman Chemical (EMN) and Louisiana-Pacific (LPX).

Does Altra Industrial Motion have any subsidiaries?
The following companies are subsidiares of Altra Industrial Motion: A&S Industry Technology (Tianjin) Co. Ltd., ABEK LLC, API Harowe (St. Kitts) Ltd., AS Motion Asiapac Holding Ltd., AS Motion Hong Kong Ltd., AS Motion International B.V., AS Motion LLC, AS Motion North America Inc., AT Business Systems LLC, Altra Industrial Motion (ShenZhen) Co. Ltd., Altra Industrial Motion (Thailand) Ltd., Altra Industrial Motion Australia Pty. Ltd., Altra Industrial Motion Denmark ApS, Altra Industrial Motion Germany GmbH, Altra Industrial Motion Hong Kong Limited, Altra Industrial Motion India Private Ltd., Altra Industrial Motion International Holding LLC, Altra Industrial Motion Netherlands B.V., Altra Industrial Motion Russia OOO, Altra Industrial Motion Singapore Pte. Ltd., Altra Industrial Motion South Africa (Pty.) Ltd., Altra Industrial Motion Switzerland Sarl, Altra Industrial Motion Taiwan Ltd., Altra Industrial Motion UK Holding Ltd., Altra Industrial Motion UK Ltd., Altra Industrial Motion do Brasil Equipamentos Industriais Ltda., Aluminium Die Casting S.r.L., American Precision Industries Inc., Ameridrives International LLC, Ball Screws and Actuators Co. Inc., Bauer Gear Motor Europe GmbH, Bauer Gear Motor Finland Oy Ab, Bauer Gear Motor GmbH, Bauer Gear Motor LLC, Bauer Gear Motor Ltd., Bauer Gear Motor Slovakia s.r.o., Bibby Transmissions Ltd., Boston Gear LLC, Elsim Elektroteknik Sistemler Sanayi ve Ticaret A.S., Formsprag LLC, Fortive - Automation & Specialty Business, G&L Motion Control Inc., Guardian Couplings LLC, Heat Transfer Guarantee Co. LLC, Huco Engineering Industries Ltd., Industrial Blaju S.A. de C.V., Inertia Dynamics LLC, Jacobs (Suzhou) Vehicle Systems Co. Ltd., Jacobs Vehicle Systems Europe s.r.o., Jacobs Vehicle Systems Inc., KOLLMORGEN Europe GmbH, Kilian Canada ULC, Kilian Manufacturing Corporation, Kollmorgen Automation AB, Kollmorgen Corporation, Kollmorgen s.r.l., Kollmorgen s.r.o., Matrix International GmbH, Matrix International Ltd., Motion Engineering Incorporated, Nuttall Gear LLC, PacSci Motion Control Inc., Portescap Co. Ltd., Portescap India Private Limited, Portescap S.A., Portescap Singapore Pte. Ltd., Portescap U.S. Inc., S.B. Patent Holding ApS, Stevens Holding Company Inc., Stieber GmbH, Stromag, Stromag Dessau GmbH, Stromag France SAS, Stromag GmbH, Stromag Holding GmbH, Stromag Holding SAS, Svendborg Brakes ApS, Svendborg Brakes Australia Pty. Ltd., Svendborg Brakes Chile Ltd., Svendborg Brakes Espana S.A., Svendborg Brakes India Ltd., Svendborg Brakes Korea Co. Ltd., Svendborg Brakes Peru S.A.C., Svendborg Brakes Shanghai Co. Ltd., Svendborg Brakes Trading (Shanghai) Co. Ltd., Svendborg Brakes USA LLC, T.B. Wood’s Canada Ltd., TB Wood’s Corporation, TB Wood’s Incorporated, TGA Motion AB, TOLLO LINEAR AB, Thomson Industries Inc., Thomson Industries S. de R.L. de C.V., Thomson Linear LLC, Thomson Neff Industries GmbH, Twiflex Ltd., Warner Electric (Holding) SAS, Warner Electric (Neth) Holding B.V., Warner Electric Europe SAS, Warner Electric LLC, Warner Electric Technology LLC, and Wermex Corporation.
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This page (NASDAQ:AIMC) was last updated on 4/19/2024 by MarketBeat.com Staff

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